Yuenglings Ice Cream Corp Files S-1/A Amendment

TL;DR

Yuenglings Ice Cream Corp updated its S-1/A filing on 5/29/24. Details on financials and business operations.

AI Summary

Yuenglings Ice Cream Corp filed an S-1/A amendment on May 29, 2024, detailing its business operations and financial status. The company, formerly known as Aureus, Inc. and Yeunglings Ice Cream Corp, is incorporated in Nevada and headquartered in Atlanta, Georgia. The filing provides financial data for fiscal years ending October 31, 2021, 2022, and 2023.

Why It Matters

This S-1/A filing provides updated information for investors and the public regarding Yuenglings Ice Cream Corp's business, financial condition, and any proposed securities offerings.

Risk Assessment

Risk Level: medium — As an S-1/A filing, it indicates a company is in the process of going public or has recently done so, which inherently carries higher risk than established public companies.

Key Numbers

• 2021-10-31 — Fiscal Year End (Financial data available for this period)
• 2022-10-31 — Fiscal Year End (Financial data available for this period)
• 2023-10-31 — Fiscal Year End (Financial data available for this period)

Key Players & Entities

• Yuenglings Ice Cream Corp (company) — Filer of the S-1/A
• Aureus, Inc. (company) — Former company name
• Yeunglings Ice Cream Corp (company) — Former company name
• 0001624517 (company) — Central Index Key for Yuenglings Ice Cream Corp
• 471893698 (company) — IRS Number for Yuenglings Ice Cream Corp
• NV (company) — State of Incorporation
• Atlanta, GA (company) — Business and Mail Address City/State
• 404-885-6045 (company) — Business Phone Number
• 20240529 (date) — Filing Date

FAQ

Key Financial Figures

• $0.001 — 0 shares of our common stock, par value $0.001 per share, by Trillium Partners, LP ("T
• $3,000,000 — TRILLIUM is committed to purchase up to $3,000,000 of our common stock. We may draw on the
• $0.005 — ion Period, subject to a floor price of $0.005 per share, below which the Company shal
• $0.0098 — e closing price of our common stock was $0.0098 per share. We are using the closing pri
• $0.0005 — of the 52 week high and low, which are $0.0005 and $0.0235 as of February 20, 2024. I
• $0.0235 — eek high and low, which are $0.0005 and $0.0235 as of February 20, 2024. INVESTING IN
• $1 billion — r total annual revenues equal or exceed $1 billion (subject to adjustment for inflation),
• $700 million — large accelerated filer" (with at least $700 million in public float) under the Securities a
• $250 million — ny and have a public float of less than $250 million and annual revenues of less than $100 m
• $100 million — illion and annual revenues of less than $100 million during the most recently completed fisc

Filing Documents

• yuenglings_s1a2.htm (S-1/A) — 1071KB
• yuenglings_ex5-1.htm (EX-5.1) — 9KB
• yuenglings_ex10-1.htm (EX-10.1) — 153KB
• yuenglings_ex10-2.htm (EX-10.2) — 74KB
• yuenglings_ex10-3.htm (EX-10.3) — 164KB
• yuenglings_ex10-4.htm (EX-10.4) — 14KB
• yuenglings_ex10-5.htm (EX-10.5) — 49KB
• yuenglings_ex10-6.htm (EX-10.6) — 323KB
• yuenglings_ex10-7.htm (EX-10.7) — 290KB
• yuenglings_ex10-8.htm (EX-10.8) — 148KB
• yuenglings_ex23-1.htm (EX-23.1) — 4KB
• yuenglings_ex107.htm (EX-FILING FEES) — 14KB
• img_001.jpg (GRAPHIC) — 6KB
• img_002.jpg (GRAPHIC) — 11KB
• ex23-1_001.jpg (GRAPHIC) — 13KB
• ex23-1_002.jpg (GRAPHIC) — 7KB
• ex10-6_001.jpg (GRAPHIC) — 13KB
• ex10-6_002.jpg (GRAPHIC) — 7KB
• 0001829126-24-003823.txt ( ) — 6417KB
• arsn-20231031.xsd (EX-101.SCH) — 39KB
• arsn-20231031_cal.xml (EX-101.CAL) — 53KB
• arsn-20231031_def.xml (EX-101.DEF) — 168KB
• arsn-20231031_lab.xml (EX-101.LAB) — 282KB
• arsn-20231031_pre.xml (EX-101.PRE) — 253KB
• yuenglings_s1a2_htm.xml (XML) — 552KB

From the Filing

As filed with the Securities and Exchange Commission on May 29, 2024 File No. 333-277212 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM S-1/A Amendment No. 2 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 Yuengling's Ice Cream Corporation Nevada 2000 (State or jurisdiction of Incorporation or organization) (Primary Standard Industrial Classification Code) (I.R.S. Employer Identification No.) 8910 West 192 nd Street , Suite N , Mokena , IL 60448 ( 312 ) 288-8000 (Address, including zip code, and telephone number, including area code, of registrant's principle executive offices) Nevada Agency and Transfer Company 50 West Liberty Street , Suite 880 Reno , NV 89501 ( 775 )– 322 0626 (Name, address, including zip code, and telephone number, including area code, of agent for service) with a copy to: Erika Mariz Pineda, Esq. 2001 Market Street Philadelphia PA 19103 (267) 710-8995 Approximate date of proposed sale to the public: as soon as practicable after the effective date of this Registration Statement . If any of the securities being registered on this Form are to be offered on a delayed or continuous basis pursuant to Rule 415 under the Securities Act of 1933, check the following box. If this Form is filed to register additional securities for an offering pursuant to Rule 462(b) under the Securities Act, check the following box and list the Securities Act registration If this Form is a post-effective amendment filed pursuant to Rule 462(c) under the Securities Act, check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering. If this Form is a post-effective amendment filed pursuant to Rule 462(d) under the Securities Act, check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering. Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See definitions of "large accelerated filer," "accelerated filer," and "smaller reporting company" in Rule 12b-2 of the Exchange Act (Check one): Large accelerated Non-accelerated filer Smaller reporting company Emerging growth company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 7(a)(2)(B) of the Securities Act. THE REGISTRANT HEREBY AMENDS THIS REGISTRATION SPECIFICALLY STATES THAT THIS REGISTRATION STATEMENT SHALL THEREAFTER BECOME EFFECTIVE IN ACCORDANCE WITH SECTION 8(a) OF THE SECURITIES ACT OF 1933 OR UNTIL THE REGISTRATION STATEMENT SHALL BECOME EFFECTIVE ON SUCH DATE AS THE COMMISSION, ACTING PURSUANT TO SECTION 8(a), MAY DETERMINE. The information in this prospectus is not complete and may be changed. The selling stockholders may not sell these securities until the registration statement filed with the Securities and Exchange Commission is effective. This prospectus is not an offer to sell these securities and is not soliciting an offer to buy these securities in any state or other jurisdiction where the offer or sale is not permitted. COMPLETION, Dated May 29, 2024 PROSPECTUS YUENGLING'S ICE CREAM CORPORATION 600,000,000 SHARES COMMON STOCK This prospectus relates to the resale of up to 600,000,000 shares of our common stock, par value $0.001 per share, by Trillium Partners, LP ("TRILLIUM"), which are Put Shares that we will put to TRILLIUM pursuant to the Purchase Agreement. TRILLIUM may also be referred to in this document as the Selling Security Holder. The Purchase Agreement with TRILLIUM provides that TRILLIUM is committed to purchase up to $3,000,000 of our common stock. We may draw on the facility from time to time, as and when we determine appropriate in accordance with the terms and conditions of the Purchase Agreement. The Put Shares included in this prospectus represent a portion of the shares issuable to TRILLIUM under the Purchase Agreement. TRILLIUM is an "underwriter" within the meaning of the Securities Act in connection with the resale of our common stock under the Purchase Agreement. No other underwriter or person has been engaged to facilitate the sale of shares of our common stock in this offering. This offering will terminate 24 months after the registration statement to which this prospectus is made a part is declared effective by the SEC. TRILLIUM will pay us 85% of the Market Price during the Valuation Period, subject to a floor price of $0.005 per share, below which the Company shall not deliver a Put. We will not receive any proceeds from the sale of these shares of common stock offered by Selling Security Holder. However, we will receive proceeds from the sale of o

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