BRB Foods Inc. Amends Public Offering Registration
Ticker: BRBF · Form: S-1/A · Filed: Jul 26, 2024 · CIK: 1976870
Sentiment: neutral
Topics: ipo, registration-statement, sec-filing
TL;DR
BRB Foods Inc. filed an S-1/A, moving closer to IPO. Investors watch for details.
AI Summary
BRB Foods Inc. filed an S-1/A amendment on July 25, 2024, for its registration statement (No. 333-276557). The company, incorporated in Wyoming, has its principal executive offices in Sao Paulo, Brazil. This filing is an amendment to a previous registration statement, indicating ongoing efforts to go public or make further disclosures related to its securities.
Why It Matters
This S-1/A filing is a crucial step for BRB Foods Inc. as it progresses towards a public offering, providing updated information to potential investors about its business and financial status.
Risk Assessment
Risk Level: medium — As an S-1/A filing, it represents a company in the process of going public, which inherently carries higher risks than established public companies.
Key Numbers
- 333-276557 — Registration Number (Identifies the specific SEC registration for BRB Foods Inc.)
- 20240725 — Filing Date (Date the S-1/A amendment was filed with the SEC.)
Key Players & Entities
- BRB Foods Inc. (company) — Registrant
- 333-276557 (dollar_amount) — SEC Registration Number
- 20240725 (date) — Filing Date
- Wyoming (company) — State of Incorporation
- Sao Paulo, Brazil (company) — Principal Executive Offices Location
FAQ
What is the primary purpose of this S-1/A filing for BRB Foods Inc.?
This S-1/A filing is an amendment to a registration statement, indicating BRB Foods Inc. is progressing with its process to become a publicly traded company or provide updated disclosures.
When was this amendment filed with the SEC?
The amendment was filed on July 25, 2024.
Where are BRB Foods Inc.'s principal executive offices located?
BRB Foods Inc.'s principal executive offices are located at Rua Doutor Eduardo de Souza Aranha 387 – Conjunto 151, Sao Paulo, SP, Brazil.
What is the company's state of incorporation?
BRB Foods Inc. is incorporated in Wyoming.
What is the SEC registration number associated with this filing?
The SEC registration number is 333-276557.
Filing Stats: 4,117 words · 16 min read · ~14 pages · Grade level 14.9 · Accepted 2024-07-25 19:32:54
Key Financial Figures
- $4.00 — the offering is expected to be between $4.00 and $5.00 per share of common stock. &
- $5.00 — ing is expected to be between $4.00 and $5.00 per share of common stock. • &#
- $0.001 — 0 shares of our common stock, par value $0.001 per share. The estimated initial public
- $10.1 million — generated total sales of approximately $10.1 million and $14.6 million during our fis
- $14.6 — ales of approximately $10.1 million and $14.6 million during our fiscal years
- $405,192 — et loss, but recorded a net profit of US$405,192. However, for the year ended December 3
Filing Documents
- ea0206746-05.htm (S-1/A) — 7261KB
- ea020674605ex23-1_brbfoods.htm (EX-23.1) — 2KB
- ea020674605ex-fee_brbfoods.htm (EX-FILING FEES) — 24KB
- tbrb_logo.jpg (GRAPHIC) — 102KB
- tnetwork1financial_logo.jpg (GRAPHIC) — 47KB
- timage_003.jpg (GRAPHIC) — 262KB
- tflowchart_001.jpg (GRAPHIC) — 166KB
- timage_001.jpg (GRAPHIC) — 431KB
- timage_002.jpg (GRAPHIC) — 315KB
- timage_004.jpg (GRAPHIC) — 81KB
- tbrb_logo1.jpg (GRAPHIC) — 102KB
- 0001013762-24-001247.txt ( ) — 9364KB
RISK FACTORS
RISK FACTORS   11
USE OF PROCEEDS
USE OF PROCEEDS   38 DIVIDEND POLICY   39 CAPITALIZATION   40
DILUTION
DILUTION   41 MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS   43
BUSINESS
BUSINESS   64 MANAGEMENT   70
EXECUTIVE COMPENSATION
EXECUTIVE COMPENSATION   74 CERTAIN RELATIONSHIPS AND RELATED-PARTY TRANSACTIONS   76 PRINCIPAL STOCKHOLDERS   77
DESCRIPTION OF CAPITAL STOCK
DESCRIPTION OF CAPITAL STOCK   78 SHARES ELIGIBLE FOR FUTURE SALE   79 MATERIAL UNITED STATES FEDERAL INCOME TAX CONSEQUENCES TO NON-U.S. HOLDERS OF OUR COMMON STOCK   82
UNDERWRITING
UNDERWRITING   86 LEGAL MATTERS   94 EXPERTS   94 WHERE YOU CAN FIND MORE INFORMATION   94 INDEX TO CONSOLIDATED FINANCIAL STATEMENTS   F-1 i Table of Contents ABOUT THIS PROSPECTUS You should rely only on the information contained in this prospectus and in any free writing prospectus. We and the underwriters have not authorized anyone to provide you with information different from that contained in this prospectus. We and the underwriters are offering to sell, and seeking offers to buy, shares of our common stock only in jurisdictions where offers and sales are permitted. The information in this prospectus is accurate only as of the date of this prospectus, regardless of the time of delivery of this prospectus or any sale of shares of our common stock. Neither we, the selling shareholders, nor any of the underwriters has done anything that would permit this offering or possession or distribution of this prospectus in any jurisdiction where action for that purpose is required, other than in the United States. Persons outside the United States who come into possession of this prospectus must inform themselves about, and observe any restrictions relating to, the offering of the shares of common stock and the distribution of this prospectus outside of the United States. Our logo and some of our trademarks and tradenames are used or incorporated by reference in this prospectus. This prospectus also includes trademarks, tradenames and service marks that are the property of other organizations. Solely for convenience, trademarks, tradenames and service marks referred to in this prospectus may appear without the ® , trademark (™) and service mark ( SM ) symbols, but those references are not intended to indicate in any way that we will not assert to the fullest extent under applicable law our rights or the rights of the applicable licensor to these trademarks, tradenames a