BRB Foods Inc. Files S-1/A Amendment
Ticker: BRBF · Form: S-1/A · Filed: Aug 30, 2024 · CIK: 1976870
Sentiment: neutral
Topics: ipo, registration-statement, sec-filing
TL;DR
BRB Foods Inc. amended its S-1 filing on 8/30/24. IPO incoming?
AI Summary
BRB Foods Inc. filed an S-1/A amendment on August 30, 2024, for its registration statement (No. 333-276557). The company, previously known as BRB Foods Ltd until May 8, 2023, is incorporated in Wyoming and has its principal executive offices in Sao Paulo, Brazil. The filing indicates a fiscal year end of December 31.
Why It Matters
This S-1/A filing is a step in the process for BRB Foods Inc. to potentially offer its securities to the public, which could impact its future funding and stock market presence.
Risk Assessment
Risk Level: medium — As an S-1/A filing, it indicates a company is in the process of going public, which carries inherent risks related to market reception and financial performance.
Key Numbers
- 333-276557 — SEC File Number (Identifies this specific registration filing)
- 20240830 — Filing Date (Date the amendment was submitted to the SEC)
Key Players & Entities
- BRB Foods Inc. (company) — Registrant
- BRB Foods Ltd (company) — Former company name
- August 30, 2024 (date) — Filing date
- 333-276557 (registration_number) — SEC file number
- Wyoming (jurisdiction) — State of incorporation
- Sao Paulo, Brazil (location) — Principal executive offices
FAQ
What is the purpose of this S-1/A filing?
This S-1/A filing is an amendment to BRB Foods Inc.'s registration statement, indicating updates or changes to information previously submitted as part of the process to offer securities to the public.
When was BRB Foods Inc. previously known by another name?
BRB Foods Inc. was formerly known as BRB Foods Ltd, with a date of name change on May 8, 2023.
Where are BRB Foods Inc.'s principal executive offices located?
The principal executive offices of BRB Foods Inc. are located at Rua Doutor Eduardo de Souza Aranha 387 – Conjunto 151, Sao Paulo, SP, Brazil.
What is the state of incorporation for BRB Foods Inc.?
BRB Foods Inc. is incorporated in Wyoming.
What is the SEC file number associated with this registration statement?
The SEC file number for this registration statement is 333-276557.
Filing Stats: 4,116 words · 16 min read · ~14 pages · Grade level 14.9 · Accepted 2024-08-30 17:23:13
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
- ea0206746-09.htm (S-1/A) — 8502KB
- ea020674609ex1-1_brbfoods.htm (EX-1.1) — 224KB
- ea020674609ex5-1_brbfoods.htm (EX-5.1) — 12KB
- ea020674609ex8-1_brbfoods.htm (EX-8.1) — 12KB
- ea020674609ex14-1_brbfoods.htm (EX-14.1) — 43KB
- ea020674609ex23-1_brbfoods.htm (EX-23.1) — 2KB
- ea020674609ex99-1_brbfoods.htm (EX-99.1) — 19KB
- ea020674609ex99-2_brbfoods.htm (EX-99.2) — 31KB
- ea020674609ex99-3_brbfoods.htm (EX-99.3) — 16KB
- ea020674609ex-fee_brbfoods.htm (EX-FILING FEES) — 20KB
- ex8-1_001.jpg (GRAPHIC) — 11KB
- 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
- 0001213900-24-074633.txt ( ) — 10972KB
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