Blue Line Holdings Files S-1 for Public Offering
Ticker: BLNH · Form: S-1 · Filed: Sep 24, 2024 · CIK: 2029586
Sentiment: neutral
Topics: ipo, registration-statement, sec-filing
TL;DR
Blue Line Holdings is going public, filing its S-1 for an upcoming stock offering.
AI Summary
Blue Line Holdings, Inc., incorporated in Colorado, filed an S-1 registration statement on September 24, 2024. The company's principal executive offices are located at 400 North Park Avenue, Suite 12-B, Breckenridge, CO 80424. The filing indicates an intention to offer securities to the public as soon as practicable after the effective date of the registration statement.
Why It Matters
This S-1 filing signals Blue Line Holdings' intent to become a publicly traded company, which could provide it with capital for growth and increase its visibility.
Risk Assessment
Risk Level: medium — As an S-1 filing, it represents a company seeking to enter the public markets, which inherently carries risks associated with new public companies and market reception.
Key Numbers
- 333-282317 — SEC File Number (Identifies this specific registration filing with the SEC.)
- 0002029586 — Central Index Key (Unique identifier for Blue Line Holdings, Inc. in the SEC EDGAR system.)
Key Players & Entities
- Blue Line Holdings, Inc. (company) — Registrant
- Colorado (company) — State of Incorporation
- 20240924 (date) — Filing Date
- 400 North Park Avenue, Suite 12-B Breckenridge, CO 80424 (location) — Principal Executive Offices
- Anthony Kerrigone (person) — Agent for Service
- William T. Hart, Esq. (person) — Legal Counsel
- Hart & Hart, LLC (company) — Legal Firm
FAQ
What is the primary purpose of this S-1 filing?
The S-1 filing is a registration statement required by the SEC for companies planning to offer securities to the public.
When was this S-1 filing submitted?
The filing was submitted on September 24, 2024.
Where are Blue Line Holdings, Inc.'s principal executive offices located?
The principal executive offices are located at 400 North Park Avenue, Suite 12-B, Breckenridge, CO 80424.
Who is listed as the agent for service for Blue Line Holdings, Inc.?
Anthony Kerrigone is listed as the agent for service.
What is the intended timeline for the proposed sale of securities?
The proposed sale is intended to commence as soon as practicable after the effective date of the Registration Statement.
Filing Stats: 4,570 words · 18 min read · ~15 pages · Grade level 14.2 · Accepted 2024-09-24 17:29:55
Key Financial Figures
- $0.10 — Shareholders may be sold at a price of $0.10 per share. If and when our common stock
- $40,000 — this offering which are estimated to be $40,000. Investing in our common stock is spe
- $5.00 — ty securities with a price of less than $5.00 (other than securities registered on ce
- $1,000 — quo; fee which in some cases can exceed $1,000. For these reasons, investors in this
- $17,594 — . As of June 30, 2024, we had cash of $17,594 which we obtained from the private sale
- $29,500 — June 30, 2024, we raised an additional $29,500 from the private sales of our common st
- $16 billion — red water market was estimated to be US $16 billion in 2022, increasing at a 10% CAGR from
- $37.65 billion — ndustry is predicted to be valued at US $37.65 billion. The market is expected to remain posit
- $100,000 — net sales of CocoLove water between US $100,000 and US $500,000; 7% of the net sales
- $500,000 — coLove water between US $100,000 and US $500,000; 7% of the net sales of CocoLove wate
- $1,000,000 — coLove water between US $500,000 and US $1,000,000; and 4% of the net sales of CocoLove
- $5,000 — by us to Monarch Media are not at least $5,000 within each twelve month period beginni
Filing Documents
- forms-1.htm (S-1) — 474KB
- ex3-1.htm (EX-3.1) — 89KB
- ex3-2.htm (EX-3.2) — 51KB
- ex5.htm (EX-5) — 10KB
- ex10-1.htm (EX-10.1) — 124KB
- ex23-1.htm (EX-23.1) — 6KB
- ex23-2.htm (EX-23.2) — 4KB
- ex107.htm (EX-FILING FEES) — 45KB
- fin_001.jpg (GRAPHIC) — 20KB
- ex23-2_001.jpg (GRAPHIC) — 3KB
- 0001493152-24-038011.txt ( ) — 835KB
BUSINESS
BUSINESS We were formed as a Colorado corporation on May 16, 2024. At present we plan to secure licensing agreements for the sale of functional beverages with key industry players and acquire assets that complement our core business and drive growth. We may also seek to obtain licensing agreements for products outside of the functional beverage market. As of the date of this prospectus, we were in the development stage and had one licensing agreement giving us the right to sell flavored water in France. Industry Overview The global flavored water market was estimated to be US $16 billion in 2022, increasing at a 10% CAGR from 2023 to 2033. By 2031, the flavored water industry is predicted to be valued at US $37.65 billion. The market is expected to remain positive in the forthcoming years. The increasing preference for flavored, healthy, and functional drinks has been boosting the growth of the market across the globe. Consumers are showing interest in exploring innovative beverages infused with fruits, herbs, other healthy ingredients. The market witnessed rapid growth during the COVID-19 pandemic due to the increased health concerns, which augmented the demand for flavored hydration products enriched with the benefits of minerals and vitamins, especially among health-conscious consumers with mid-to high-income levels. Consumers, especially millennials and Gen Z, in the developed economies, such as the U.S., are spending more on flavored water. The trend of zero-calorie, zero-sugar, and low-carb content soft drinks is rising across the globe, which is also boosting the market growth. Citrus and berry flavors are gaining traction among consumers due to their refreshing tastes. The natural flavors are gaining traction due to their health benefits and refreshing tastes. As a result, producers have been launching beverages with such flavors that help improve physical and mental health. Over the past few years, consumer preference is shifting from sugary car