Aurochs Brewing offering is now closed and is no longer accepting investments.

INVEST IN AUROCHS BREWING TODAY!

A New Gluten Free Beer Experience

At Aurochs Brewing, we believe that you shouldn’t have to choose between a gluten-free beer and great taste. Since our inception, we have brewed over 40 different styles of award-winning, naturally gluten-free beer while developing strong partnerships and an enthusiastic customer base. After an incredible few years of growth, we are ready to expand regionally to deliver our product to as many people as possible.

This Reg CF offering is made available through StartEngine Capital, LLC. This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment.
Aurochs Brewing

$298,557.74 Raised

ABOUT

HEADQUARTERS
8321 Ohio River Boulevard
Emsworth, PA 15202

At Aurochs Brewing, we believe that you shouldn’t have to choose between a gluten-free beer and great taste. Since our inception, we have brewed over 40 different styles of award-winning, naturally gluten-free beer while developing strong partnerships and an enthusiastic customer base. After an incredible few years of growth, we are ready to expand regionally to deliver our product to as many people as possible.

TEAM

Ryan Bove
Ryan Bove
Co-Founder, CEO, President, and Manager

Ryan is responsible for strategy, finance, and operations at Aurochs Brewing Company. Prior to founding Aurochs Brewing Company, Ryan successfully managed a $2M global new product development project at MSA, a global safety products company. In this role, Ryan transformed a product line from concept to a market ready product line and established a supply chain with multiple manufacturing locations in North America, China, Japan, and Taiwan. Ryan received his M.B.A from the Tepper School of Business at Carnegie Mellon University and graduated cum laude from the University of Notre Dame with a B.S. in Mechanical Engineering.

Doug Foster
Doug Foster
Co-Founder & Manager

Doug is responsible for customer and consumer development at Aurochs Brewing Company. Prior to founding Aurochs Brewing Company, Doug managed sales accounts at Paychex and Acosta. At Paychex, Doug managed new client growth, customer service and the further development of 296 clients throughout 28 zip code sales territories. He increased sales by 41% over a six-month period. At Acosta, Doug managed accounts for six different consumer packaged goods companies throughout the Pittsburgh and Cleveland markets. Accounts combined for $5.3 million dollars in retail sales in 2009, and $5.5 million in 2010. He managed client sales relationship with Pinnacle Grocery for the Eastern Great Lakes region. Doug graduated from Penn State with a B.A. in Communications.

Brian Scott

Brian Scott

Board Member

Brian Scott is the President and CEO of Pittmoss, a company that creates sustainable, organic soils made from recycled paper and cardboard. He was also founder and CEO of Express Management Group and an adjunct faculty member at Gannon University. Mr Scott began his career as the Chief Information Officer and Director of Acquisitions at Rentway, which went public on the NYSE during his tenure and exited with a sale in 2006. He has served on many for-profit and non-profit boards including Aurochs Brewing, The Flagship Niagara League, and the Innovation Collaborative and was the founder and chairman of Tall Ships Erie.  

Mr. Scott earned his undergraduate degree from the Pennsylvania State University and his master’s degree in software engineering from Gannon University.

He has also been a business mentor with the Erie Technology Incubator and continues to mentor entrepreneurs as an angel investor with BlueTree Allied Angels, one of the most active angel groups in the Mid-Atlantic region of the US.

Edward R. Hobart

Edward R. Hobart

Board Member

Ted has more than 25 years of experience in finance and venture capital, in addition to having served as an operating company executive in several venture-backed businesses. Most recently, Ted has been involved in managing a project with the Department of Defense centered around automated production technologies, prior to which he served as an executive in an innovative benefits insurance startup.

As an institutional investor, Ted was a founding partner of Chart Venture Partners, a firm which focused on early stage technology companies with dual-use application (commercial plus defense/security/government markets). Prior to Chart, Ted worked in The Carlyle Group’s US venture capital investment arm, which emphasized multi-stage venture and growth equity investments across many sectors in the US. Before Carlyle, Ted was a partner at 4C Ventures, an early stage investment firm which was formerly the corporate venture arm of Olivetti.

Ted has served as a Board Director or Observer for more than a dozen companies, in addition to several not-for-profit organizations. In addition to the operating roles mentioned above, Ted also worked as CFO of a materials technology company and an early stage biotech startup spun out of that materials business.

Ted holds an MBA degree from Stanford University and BA in Economics from Williams College.

TERMS

Aurochs Brewing
Overview
INTEREST RATE
6.0%
MATURITY DATE
Sep 1, 2024
VALUATION CAP
$15M
AMOUNT RAISED
$298,557.74
Breakdown
MIN INVESTMENT
$250
DISCOUNT RATE
15.0%
OFFERING TYPE
Convertible Notes
TYPE OF EQUITY
Common Units


Company

:

2124 Brewing Company LLC

Corporate Address

:

8321 Ohio River Boulevard, Emsworth, PA 15202

Offering Minimum

:

$10,000.00

Offering Maximum

:

$525,000.00

Minimum Investment Amount

(per investor)

:

$250.00











Terms


Offering Type

:

Convertible Promissory Notes

Type of Equity Converted Into

:

Common Units

Conversion Trigger

:

$5,000,000.00

Maturity Date

:

September 01, 2024

Valuation Cap

:

$15,000,000.00

Discount Rate

:

15.0%

Annual Interest Rate

:

6.0%
















What is a Convertible Note?

A convertible note offers you the right to receive Common Units in 2124 Brewing Company LLC. The amount of Common Units you will receive in the future will be determined at the next equity round in which the Company raises at least $5,000,000.00 in a qualified equity financing. The highest conversion price per security is set based on a $15,000,000.00  Valuation Cap or if less, then you will receive a 15.0% discount on the price the new investors are paying.  You also receive 6.0% interest per year added to your investment.  When the maturity date is reached, if the note has not converted then you are entitled to receive Common Units equal to your investment and interest back at a price per security determined by dividing the Valuation Cap by the aggregate number of outstanding equity securities of the Company as of immediately prior (on a fully diluted basis).



*Annual Interest Rate subject to adjustment of 10% bonus for StartEngine shareholders. See 10% bonus below.

Voting Rights (applies when the convertible notes of this Reg. CF offering convert into Common Units)

Each Subscriber shall appoint the Chief Executive Officer of the Company (the “CEO”), or his or her successor, as the Subscriber’s true and lawful proxy and attorney, with the power to act alone and with full power of substitution, to, consistent with this instrument and on behalf of the Subscriber, (i) vote all Securities, (ii) give and receive notices and communications, (iii) execute any instrument or document that the CEO determines is necessary or appropriate in the exercise of its authority under this instrument, and (iv) take all actions necessary or appropriate in the judgment of the CEO for the accomplishment of the foregoing. The proxy and power granted by the Subscriber pursuant to this Section are coupled with an interest. Such proxy and power will be irrevocable. The proxy and power, so long as the Subscriber is an individual, will survive the death, incompetency and disability of the Subscriber and, so long as the Subscriber is an entity, will survive the merger or reorganization of the Subscriber or any other entity holding the Securities. However, the Proxy will terminate upon the closing of a firm-commitment underwritten public offering pursuant to an effective registration statement under the Securities Act of 1933 covering the offer and sale of Common Stock or the effectiveness of a registration statement under the Securities Exchange Act of 1934 covering the Common Stock.

Investment Incentives*

10% Family and Friends Discount - Invest in First 72 hours

2124 Brewing Company LLC will offer 10% additional bonus interest for all investments that are committed by investors within the first 72 hours of launching the campaign.

5% Early Bird Discount - Invest in First 7 Days

2124 Brewing Company LLC will offer 5% additional bonus interest for all investments that are committed by investors within the first 7 days of launching the campaign.

Tier 1 Investment Perks: $250

1 Can Magnet Opener

1 Sticker

1 Ownership certificate

Tier 2 Investment Perks: $500

1 T-Shirt

All Tier 1 Perks

Tier 3 Investment Perks: $1,000

1 Can Glass

All Lower Tier Perks

Tier 4 Investment Perks: $5,000

1 Backpack

All Lower Tier Perks including 2 each of perks from Tiers 1-3.

Tier 5 Investment Perks: $10,000

1 Cooler

All Lower Tier Perks including 4 each of perks from Tiers 1-3.

A zoom call with the founders.

Note that beer can only be provided for the call in states in which Aurochs Brewing Company is eligible to ship or distribute into at the time of the call.

2% Bonus interest

2124 Brewing Company LLC will offer 2% additional bonus interest for all investments that are committed by investors who invest $10,000 in the campaign.

Tier 6 Investment Perks: $25,000

All Lower Tier Perk in Tiers 1-4 including 4 each of perks from Tiers 1-3.

A zoom call with the founders. 

Note that beer can only be provided for a call in states in which Aurochs Brewing Company is eligible to ship or distribute into at the time of the call. 

5 % Bonus Interest for Tier 6 Investors

2124 Brewing Company LLC will offer 5% additional bonus interest for all investments that are committed by investors who invest $25,000 in the campaign.

*All perks occur after offering is completed.

10% StartEngine Owners' Bonus

2124 Brewing Company LLC will offer 10% additional bonus interest for all investments that are committed by investors that are eligible for the StartEngine Crowdfunding Inc. OWNer's bonus.

Eligible StartEngine shareholders will receive a 10% increase in the annual interest rate on Convertible Promissory Notes in this Offering. This means your annual interest rate will be 6.6% instead of 6%.

This 10% Bonus is only valid during the investors eligibility period. Investors eligible for this bonus will also have priority if they are on a waitlist to invest and the company surpasses its maximum funding goal. They will have the first opportunity to invest should room in the offering become available if prior investments are cancelled or fail.

Investors will only receive a single bonus, which will be the highest bonus rate they are eligible for.

Insider Investment Notice

Officers, directors, executives, and existing owners with a controlling stake in the company (or their immediate family members) may make investments in this offering. Any such investments will be included in the raised amount reflected on the campaign page.

Irregular Use of Proceeds

The Company might incur Irregular Use of Proceeds that may include but are not limited to the following over $10,000: Inter company debt or back payments. Salary payments made to one’s self, a friend or relative. Any expense labeled “Travel and Entertainment”. Vendor payments.

ALL UPDATES

05.11.22

Thank You and Congratulations!

The Aurochs team wanted to reach out to say thank you for a great campaign and congratulations to our new investors! We're working on getting all investor perks shipped as soon as possible - some of you should have already received yours!

We will be sending quarterly updates to keep our Start Engine investors posted on Aurochs Brewing's growth as we bring great-tasting, naturally gluten-free beer to more people. Feel free to email any future inquiries to aurochs@aurochsbrewing.com - cheers!

- Team Aurochs

05.02.22

Only Hours Left to Invest!

Time is running out! Secure your equity in a business at the intersection of the booming gluten-free and craft beer markets. Invest in Aurochs Brewing Co. today!

04.29.22

Don't Miss Your Opportunity!

Don't miss your opportunity to invest in a new gluten-free beer experience!


Reasons to invest:

  • 50%+ revenue growth YoY for fiscal year 2021
  • Increased distribution and direct shipping from 1 state to 10 states since 2020
  • New seasonal styles accelerating growth

Join over 270+ investors - invest in Aurochs today!

04.28.22

Aurochs Signs Initial Agreement for Distribution Expansion

Aurochs Brewing has signed an initial agreement to expand distribution via TapRm. TapRm is a technology-driven wholesaler whose online platform connects consumers with beer brands they love. TapRm maintains a wholesale network that allows them to distribute to a large array of new markets where Aurochs has previously been unavailable. More details to come!

04.26.22

Notice of Material Change in Offering

[The following is an automated notice from the StartEngine team].

Hello! Recently, a change was made to the Aurochs Brewing offering. Here's an excerpt describing the specifics of the change:


Issuer is changing responsibilities of CEO, updating indebtedness, extending campaign end date and disclosing Insider investments.


When live offerings undergo changes like these on StartEngine, the SEC requires that certain investments be reconfirmed. If your investment requires reconfirmation, you will be contacted by StartEngine via email with further instructions.

04.26.22

Notice of Material Change in Offering

[The following is an automated notice from the StartEngine team].

Hello! Recently, a change was made to the Aurochs Brewing offering. Here's an excerpt describing the specifics of the change:


Issuer is changing responsibilities of CEO, updating indebtedness, extending campaign end date and disclosing Insider investments.


When live offerings undergo changes like these on StartEngine, the SEC requires that certain investments be reconfirmed. If your investment requires reconfirmation, you will be contacted by StartEngine via email with further instructions.

04.26.22

3 DAYS LEFT!

3 DAYS LEFT!

Don't miss this opportunity! Join 270+ investors - invest in naturally gluten-free beer today!

04.22.22

Tasting Room Opening Date Set!

After focusing on production, distribution, and expansion over the past 2 years, the Aurochs team has reclaimed the Tasting Room from a small mountain of boxes and production materials. We're thrilled to invite our loyal customers back on site to enjoy great-tasting, gluten-free beer with us starting Thursday, April 28th!

The Aurochs Tasting Room and brewery is located just outside of Pittsburgh, PA in the neighborhood of Emsworth. Our new tasting room hours will be:

Thursdays 5-9pm

Fridays 5-9pm

Saturdays 12-8pm

Cheers!

Team Aurochs



04.19.22

10 Days Left to Invest!

Less than 10 days left to invest in a new gluten-free beer experience! Demand for our award winning gluten-free beer continues to outpace our capacity to supply it. Investing in Aurochs will enable us to capture this demand and continue our rapid growth. Become an Aurochs investor today!

04.13.22

March Revenue Up Big

Aurochs Brewing's growth story continues in early 2022. Revenue in March increased 29% over the same month in 2021! Release of our popular Spring seasonal Aurochs Hefe led the way for this growth.

REWARDS

Multiple investments in an offering cannot be combined to qualify for a larger campaign perk. Get rewarded for investing more into Aurochs Brewing.

$250

StartEngine Owner’s Bonus

This offering is eligible for the StartEngine Owner’s 10% Bonus program. For details on this program, please see the Offering Summary section below.

$250

Tier 1 Investment Perks

1 Can Magnet Opener 1 Sticker 1 Ceremonial Ownership certificate

$500

Tier 2 Investment Perks

1 T-Shirt All Tier 1 Perks

$1,000

Tier 3 Investment Perks

1 Can Glass All Lower Tier Perks

$5,000

Tier 4 Investment Perks

1 Backpack All Lower Tier Perks including 2 each of perks from Tiers 1-3.

$10,000

Tier 5 Investment Perks + 2% Bonus interest

1 Cooler All Lower Tier Perks including 4 each of perks from Tiers 1-3. A zoom call with the founders. See more in terms below.

$25,000

Tier 6 Investment Perks + 5 % Bonus Interest

All Lower Tier Perk in Tiers 1-4 including 4 each of perks from Tiers 1-3. A zoom call with the founders. See more in terms below

JOIN THE DISCUSSION













0/2500

HOW INVESTING WORKS

Cancel anytime before 48 hours before a rolling close or the offering end date.

WHY STARTENGINE?

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SECURE

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DIVERSE INVESTMENTS

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RAISED
$298,557.74
INVESTORS
301
MIN INVEST
$250
VALUATION CAP
$15M

@ 2022 All Rights Reserved

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