Barrana Corp offering is now closed and is no longer accepting investments.
INVEST IN BARRANA CORP TODAY!
Our burgers sell our beer and our beer sells our burgers.
$26,765.00 Raised
REASONS TO INVEST
Brewery’s sales for 2019 were $9 million for all restaurants, showing growth of 110% from 2018
Maxed out the capacity of their 10-barrel system in four locations, and looking to open the fifth this year
The market for craft beer is worth $29.3 billion and craft brewer sales continue to grow at a rate of 4% by volume, comprising 13.6% of the U.S. beer market
ABOUT
HEADQUARTERS
13823 w. bell rd
Surprise, AZ 85374
VALUATION
$20M
Barrana Corp is a collective of breweries/restaurants known by State 48 Brewery, across Arizona. Each location has its own style and offerings, and is equipped with a brewhouse, brewpub and scratch kitchen that offer a wide variety of craft beers, ales and food. We’ve got something for everyone!
TEAM
Mario Rana
President, CEO
Angela Rana
Secretary , CFO
TERMS
Barrana Corp
Overview
PRICE PER SHARE
$5
DEADLINE
Jan 15, 2021
VALUATION
$20M
AMOUNT RAISED
$26,765.00
Breakdown
MIN INVESTMENT
$250.00
MAX INVESTMENT
$1,070,000.00
MIN NUMBER OF SHARES OFFERED
2,000
OFFERING TYPE
Equity
ASSET TYPE
COMMON
SHARES OFFERED
Common Stock
MAX NUMBER OF SHARES OFFERED
214,000
Maximum Number of Shares Offered subject to adjustment for bonus shares
Company | : | Barrana Corp. |
Corporate Address | : | 13823 w. bell rd, Surprise, AZ 85374 |
Offering Minimum | : | $10,000.00 |
Offering Maximum | : | $1,070,000.00 |
Minimum Investment Amount(per investor) | : | $250.00 |
Terms
Offering Type | : | Equity |
Security Name | : | Common Stock |
Minimum Number of Shares Offered | : | 2,000 |
Maximum Number of Shares Offered | : | 214,000 |
Price per Share | : | $5.00 |
Pre-Money Valuation | : | $20,000,000.00 |
COVID Relief
This offering is being conducted on an expedited basis due to circumstances relating to COVID-19 and pursuant to the SEC’s temporary regulatory COVID-19 relief set out in Regulation Crowdfunding §227.201(z).
Expedited closing sooner than 21 days
In reliance on Regulation Crowdfunding §227.303(g)(2) A funding portal that is an intermediary in a transaction involving the offer or sale of securities initiated between May 4, 2020, and August 31, 2020, in reliance on section 4(a)(6) of the Securities Act (15 U.S.C. 77d(a)(6)) by an issuer that is conducting an offering on an expedited basis due to circumstances relating to COVID-19 shall not be required to comply with the requirement in paragraph (e)(3)(i) of this section that a funding portal not direct a transmission of funds earlier than 21 days after the date on which the intermediary makes publicly available on its platform the information required to be provided by the issuer under §§227.201 and 227.203(a).
*Maximum Number of Shares Offered subject to adjustment for bonus shares. See Bonus info below.
Early Bird
Friends and Family - First 72 hours | 15% bonus shares
Super Early Bird - Next 72 hours | 10% bonus
Early Bird Bonus - Next 7 days | 5% bonus shares
Company Perks*
$500+ (Tier 1 perk) Special edition VIP hat
$1,000 (Tier 2 perk) Special edition Brewers shirt embroidered with your name and VIP hat
$2,500+ (Tier 3 perk) Special edition embroidered shirt, VIP hat, metal wall sign, 20% discount online merchandise orders, monthly beer club membership ( free six pack or growler or 2 crowlers ) in store pick up only
$5,000+ (Tier 4 perk ) Everything listed above and a $500 gift card
$10,000 (Tier 5 + 10% bonus shares) everything listed above and a investors club card for 10% discount on food and beverage purchases forever
$25,000+ ( Tier 6 + 10% bonus shares) everything listed above and a 2 tap kegerator with your two keg choices of any beer ( slims) in our inventory plus 1 replacement slim every 3 months forever.
*All perks occur when the offering is completed.
The 10% Bonus for StartEngine Shareholders
Barrana Corp. will offer 10% additional bonus shares for all investments that are committed by investors that are eligible for the StartEngine Crowdfunding Inc. OWNer's bonus.
This means eligible StartEngine shareholders will receive a 10% bonus for any shares they purchase in this offering. For example, if you buy 100 shares of common stock at $5/ share, you will receive and own 110 shares for $500. Fractional shares will not be distributed and share bonuses will be determined by rounding down to the nearest whole share.
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.
Irregular Use of Proceeds
The Company will not incur any irregular use of proceeds.
PRESS
Does the arrival of a craft brewery really signal a neighborhood revitalization?
For most of his life growing up in Surprise, Arizona, Dylan Frank says there was “nothing to do.” Then, in 2016, when State 48 Brewery opened its doors, it was as if they brought an entire social scene with them. “The brewery came in and all of a sudden everyone would go there.”
ALL UPDATES
12.11.20
Notice of Material Change in Offering
[The following is an automated notice from the StartEngine team].
Hello! Recently, a change was made to the Barrana Corp offering. Here's an excerpt describing the specifics of the change:
Barrana Corp is extending their campaign by 30 days.
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.
10.13.20
Notice of Material Change in Offering
[The following is an automated notice from the StartEngine team].
Hello! Recently, a change was made to the Barrana Corp offering. Here's an excerpt describing the specifics of the change:
Barrana Corp extended their campaign for 60 days.
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.
REWARDS
$250.00
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.
$500.00
Tier 1 perk
$500+ Special edition VIP hat
$1,000.00
Tier 2 perk
$1,000 + Special edition Brewers shirt embroidered with your name and VIP hat
$2,500.00
Tier 3 perk
$2,500+ Special edition embroidered shirt, VIP hat, metal wall sign, 20% discount online merchandise orders, monthly beer club membership ( free six pack or growler or 2 crowlers ) in store pick up only
$5,000.00
Tier 4 perk
$5,000+ Everything listed above and a $500 gift card
$10,000.00
Tier 5 + 10% bonus shares
$10,000 + everything listed above and a investors club card for 10% discount on food and beverage purchases forever
$25,000.00
Tier 6 + 10% bonus shares
$25,000+ everything listed above and a 2 tap kegerator with your two keg choices of any beer ( slims) in our inventory plus 1 replacement slim every 3 months forever.
JOIN THE DISCUSSION
0/2500
HOW INVESTING WORKS
Cancel anytime before 48 hours before a rolling close or the offering end date.
WHY STARTENGINE?
REWARDS
We want you to succeed and get the most out of your money by offering rewards and memberships!
SECURE
Your info is your info. We take pride in keeping it that way!
DIVERSE INVESTMENTS
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