The Press Herald reports that Oxbow Brewing is seeking to raise $850,000 in equity investment funds, presumably to expand their business.
Oxbow filed a Notice of Exempt Offering of Securities form, signaling that it intends to solicit investments in exchange for shares in the company. The brewer indicated that it would accept amounts as little as $5,000 per investor, and that it expected the offering period to last more than a year.
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Given this, what’s the valuation of Oxbow? $850K is a ton of money…