Crowns & Hops Brewing Co. offering is now closed and is no longer accepting investments.
Black-Owned Craft Brewery
INVEST IN CROWNS & HOPS BREWING CO. TODAY!
ABOUT
309 E Hillcrest Blvd, #121
Inglewood, CA 90301
$16.43M
In an industry that suffers from a lack of diversity in the ownership of craft breweries around the globe, Crown & Hops Brewing Co. has become a leading voice in promoting diversity, inclusion and racial equity with world class craft beer. Crowns & Hops has built a trusted brand that has gained global recognition, and tapped into an enthusiastic community of Black and Brown craft beer lovers along with all those that appreciate authentic cultural representation.
TEAM
Teo Hunter
Founder, COO & Head of Beer Operations
TERMS
Overview
Breakdown
Maximum Number of Shares Offered subject to adjustment for bonus shares
Company | : | Crowns & Hops, Inc |
Corporate Address | : | 309 E Hillcrest Blvd, #121, Inglewood, CA 90301 |
Offering Minimum | : | $10,000.00 |
Offering Maximum | : | $1,070,000.00 |
Minimum Investment Amount(per investor) | : | $250.00 |
Terms
Offering Type | : | Equity |
Security Name | : | Class B Common Stock |
Minimum Number of Shares Offered | : | 2,000 |
Maximum Number of Shares Offered | : | 214,000 |
Price per Share | : | $5.00 |
Pre-Money Valuation | : | $16,425,000.00 |
*Maximum Number of Shares Offered subject to adjustment for bonus shares. See Bonus info below.
Tier-Based Company Perks*
Tier 1: $250
(1) Limited Edition Pint Glass
Limited Edition Sticker
O.G.F.C. Ownership Certificate
O.G.F.C. Card
Tier 2: $500
(2) Limited Edition Pint Glasses
Limited Edition Sticker
O.G.F.C. Ownership Certificate
O.G.F.C. Card
Tier 3: $1,000
(2) Limited Edition Pint Glasses
(1) O.G.F.C Swag Bag
10% Discount on Crowns & Hops Merch for a year
O.G.F.C. Ownership Certificate
O.G.F.C. Card
Tier 4: $2,500
(2) Limited Edition Pint Glasses
(2) O.G.F.C Swag Bags
15% off of Crowns & Hops Merch Store for a year
O.G.F.C. Ownership Certificate
O.G.F.C. Card
Tier 5: $5,000
(4) Limited Edition Pint Glasses
(2) O.G.F.C Swag Bags
15% off of Crowns & Hops Merch Store for a year
15% off of Crowns & Hops beer at the taproom for a year
Invitation to a VIP Happy Hour at Crowns Inglewood with Teo Hunter & Beny Ashburn
O.G.F.C. Ownership Certificate
O.G.F.C. Card
Tier 6: $10,000
(4) Limited Edition Pint Glass
(4) O.G.F.C Swag Bags
15% off of Crowns & Hops Merch Store for a year
15% off of Crowns & Hops beer at the taproom for a year
Private food & beer pairing for you + 7 guests at Crowns Inglewood
O.G.F.C. Ownership Certificate
O.G.F.C. Card
Tier 7: $25,000
(4) Limited Edition Pint Glasses
(4) O.G.F.C Swag Bags
15% off of Crowns & Hops Merch Store for a year
15% off of Crowns & Hops beer at the taproom for a year
Custom Crowns Brewing experience w/C&H Team at Crowns Inglewood
O.G.F.C. Ownership Certificate
O.G.F.C. Card
*All perks occur when the offering is completed.
StartEngine OWNer's Bonus
Crowns & Hops, Inc., 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 Class B Common Stock at $5.00 / share, you will receive 110 shares of Class B Common Stock, meaning you'll 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 investor’s 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 might incur Irregular Use of Proceeds that may include but are not limited to the following over $10,000: Salary payments made to one’s self, a friend or relative. Any expense labeled “Administrative Expenses” not strictly for administrative purposes. Any expense labeled “Travel and Entertainment”.
PRESS
ALL UPDATES
03.02.22
THURS 3.3.22 IS A WHOLE VIBE | CROWNS & HOPS SPECIAL BEER RELEASE | PERKS ARE FINALLY COMING!!
WHAT UP O.G.F.C.’s!!!!!
GOOD NEWS!!!! We finally received the list of our O.G.F.C. investors, which means we can FINALLY order the perks. Our Crowns & Hops raise enlisted so many new investors, there were a few delays in the finalization of the round. Start Engine worked diligently to get it completed!
With the final list in hand, here is what you can expect as an O.G.F.C. starting next month:
- Monthly Crowns & Hops Brand Updates: This will include beer releases, Crowns Inglewood updates, Special Events, etc. WE WILL KEEP YOU CONNECTED!
- O.G.F.C. Perks: THEY ARE BEING ORDERED, STAYED TUNED
_________________________
THURS, 3.3.22 - COME CELEBRATE WITH CROWNS @ THE MIRACLE THEATER, INGLEWOOD, CA
12pm - 7pm (NOT 5PM): PICK UP OF LIMITED EDITION Beer Release “CITY OF CHAMPS”
- PRE-ORDER our new “CITY OF CHAMPS” Juicy IPA NOW and be the first to have this limited edition beer brewed in honor of our Inglewood Super Bowl LVI Champs THE LA RAMS. CLICK HERE TO PRE-ORDER BEER NOW
*******BEER PICK UP ONLY (NO SHIPPING) | Thursday, 3.3. @ The Miracle Theater, 226 S Market St, Inglewood CA, 12pm - 7pm (NOT 5pm)
7:00pm - 10:00pm: TRAP HEELS | BLM | CROWNS & HOPS
- “UPLIFT” Trap Heels | BLM - RSVP NOW TO THIS FREE EVENT | Crowns & Hops Beer Bar
This event is a WHOLE VIBE!!!! Don’t Miss it!
We thank everyone for their continued patience & support!!!
Cheers Family!
Beny & Teo
01.25.22
CROWNS & HOPS BREWING CO MESSAGE TO THE O.G.F.C.'s
WHAT'S UP O.G.F.C.s!!!!!!
Special thank you to our O.G.F.C. community who supported, shared and invested in our raise. We made history TOGETHER, and we are excited to share the journey with you as committed members of the Crowns team.
We ask that everyone please be patience in the deliverables of the perks, as we are waiting for Start Engine to finalize the investor list and secure all final payments.
To anyone who unfortunately missed the opportunity to invest, or have been waitlisted, there might be an opportunity to invest in the future. We shall see!
CHEERS O.G.F.C’s, this is just the beginning!
Beny & Teo
01.14.22
WE HIT OUR CROWDFUNDING GOAL | WE JUST MADE HISTORY TOGETHER
What’s Up O.G.F.C.s, Family, Friends and Future Investors,
WE DID IT!!!! WE HIT OUR GOAL!! THANK YOU SO MUCH!!
THE OPPORTUNITY TO INVEST MIGHT NOT BE OVER YET!
If you are on the Start Engine platform, and you missed the opportunity to invest, please make sure to join the waiting list in case people drop off at the last minute! The round officially closes on Tuesday, Jan 17th.
1st BLACK-OWNED, WOMEN-OWNED, VETERAN-OWNED Craft Beer Brand to raise over $1M in Crowdfunding!!!
Beny & Teo
01.07.22
VERY IMPORTANT UPDATE FROM BENY & TEO AT CROWNS & HOPS
What’s Up O.G.F.C.s, Family, Friends and Future Investors,
We are very close to hitting our maximum of $1,070,000, and with your help we will get there!
If each of the 1100+ of you gets just one more person to invest the minimum $250, we will hit our maximum of $1,070,000 and you will have helped grow the company, and also, hopefully helped your investment!
Please share our social media @CROWNSANDHOPS CROWNS FACEBOOK on your Facebook and Instagram feeds today. “LIKE” all of our posts - The more people who see these posts, the quicker we can raise the final goal.
REMINDER: If you invest more, you can bump up to the next level of perks AND own more stock in our company. WHATTT?!!!
INVEST TODAY, THE RAISE IS CLOSING IN 11 DAYS!!! THIS IS YOUR LAST CHANCE TO INVEST!
01.05.22
HAPPY NEW YEAR | LET’S START 2022 BY MAKING HISTORY | LAST CHANCE TO INVEST
Happy New Year FAMILY!!! 2021…WAS AN INCREDIBLE YEAR. 2022…WE READY!!!
Words can’t begin to express the gratitude we have for each and everyone of you. This journey has been filled with lessons that we hope to apply daily in bringing this vision to fruition. Our goal has always been to be a mirror for the missing community in craft beer. We sincerely hope that our intent is being felt and that we continue to make you all proud.
For all of those who have invested and to those that are about to…STRAP IN…THIS IS GONNA BE A HELLUVA RIDE!!!
CHEERS TO 2022!!!
INVEST TODAY!!!
Beny & Teo
12.29.21
BIG BIG NEWS!!! LAST CHANCE TO INVEST AS OUR RAISE IS CLOSING SOON!!!!
What’s Up O.G.F.C.s, Family, Friends and Future Investors,
We are excited to announce that Actor Anthony Mackie and Kainon Jasper Co-Founders of The Brew Brothers, LLC shared their commitment to investing in Crowns & Hops Brewing Co.. The announcement was shared at our Crowns & Hops Investor Event held at The Miracle Theatre in Inglewood, CA. AMAZING NEWS!
CHECK OUT THE VIDEO TO SEE FOR YOURSELF!!!
Anthony Mackie personally has been a craft beer aficionado for years, and Kainon Jasper has a long and successful career in the spirits industry. We are really excited to have The Brew Brothers (Perfect Name) join the team.
MORE REASONS TO INVEST:
- DIVERSITY & INCLUSION happen intrinsically when accomplishing RACIAL EQUITY
- This is a plan for communities to succeed throughout our country
- In our opinion, that’s an amazing thing to invest in - OUR collective success
DON'T MISS THIS OPPORTUNITY! THIS IS YOUR LAST CHANCE!!
12.27.21
HAPPY HOLIDAYS Crowns Family! OUR EQUITY CROWDFUNDING RAISE IS CLOSING SOON!
What’s Up O.G.F.C.s, Family, Friends and Future Investors,
NEW BEER RELEASE!!!
You know we had to show up for the holidays!!
“SANTA SLAYS” MAPLE GLAZED PECAN STOUT
This is our Crowns holiday version of our base stout “URBAN ANOMALY”. “SANTA SLAYS” has notes of coffee and cocoa, combined with PECANS, CINNAMON, VANILLA & MAPLE SYRYP. This beer is absolutely delicious! It can be found in some of our favorite spots HANKS MINI MARKET, BLACK BEARDS CRAFT & THE GOOD HOP
What’s better than ownership for the holidays!!? SPREAD THE WORD, INVEST TODAY!
CHEERS!!!!
12.23.21
Notice of Funds Disbursement
[The following is an automated notice from the StartEngine team].
Hello!
As you might know, Crowns & Hops Brewing Co. has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in Crowns & Hops Brewing Co. be on the lookout for an email that describes more about the disbursement process.
This campaign will continue to accept investments until its indicated closing date.
Thanks for funding the future.
-StartEngine
12.22.21
THE ROUND IS CLOSING SOON, THIS IS THE TIME TO INVEST!!
What’s Up O.G.F.C.s, Family, Friends and Future Investors,
TIME IS RUNNING OUT TO INVEST!!
The Crowns Investor Event Was Amazing!!! Thank you to everyone who attended and watched via live stream!
During the event, we were able to raise over $15k within only a few hours. At the celebration, hosted by co-founders Beny Ashburn and Teo Hunter, guests to include Baron Davis were updated on the development of our new Crowns Inglewood restaurant and brewpub as well as plans on our 2022 core beers, “BPLB” Hazy IPA, “Freestyle Verses” West Coast IPA and “8 Trill Pils” Pilsner. We also announced that our products will be available in Southern California Trader Joe's in 2022.
As part of our 8 Trill Initiative, we were honored to donate $4,000 to The Crete Academy - proceeds from our collaboration beer with Fremont Brewing called “Empathy, Love, Action, Repeat” Hazy IPA. This was an initiative in partnership with Brews 4 New Aves and Black Is Beautiful showcasing the impact the craft beer community can have in making a difference in the fight for racial justice and ending youth homelessness.
The musical stylings of Supa Lowery Bros was also showcased at our event, along with food provided by Vibez Patty and complimentary Crowns & Hops beers. This amazing event was sponsored by our continued brand partners Square, JP Morgan Chase, Envoi, 11Eleven, and Weekend Urgent Care.
We just launched our new “Crowns Vintage” apparel line!!!! Dope gift for the holidays!!
LAST CHANCE TO INVEST!! DON'T MISS THIS OPPORTUNITY TO BE A PART OF ONE OF THE DOPEST CRAFT BEER BRANDS ON THE PLANET!
CHEERS!
12.14.21
REMINDER: Don't forget to RSVP for our CROWNS & HOPS INVESTOR EVENT | Wed, 12.15.21 | 5pm - 9pm
IT'S GOING TO BE EPIC!
We are excited to announce some special additions to the event:
LIVE Performances By SUPA LOWERY BROS & ROSE GOLD
FOOD provided by VIBEZ PATTY
SPONSORS partnering to make this event special Square, JP Morgan Chase, 11Eleven, Envoi & Weekend Urgent Care
And a SPECIAL surprise announcement you will not want to miss!!
RSVP TO ATTEND IS MANDATORY - CLICK HERE TO RSVP TODAY
To ensure the safety of our guests, we have asked that anyone attending provide a COVID negative test with 24hrs of the event. For testing, we recommend one of our partners WEEKEND URGENT CARE to schedule your test today (They take insurance).
AGAIN…..This is an opportunity for everyone to come together to celebrate what we’ve accomplished together, as well as toast to the future of this historic moment for the city of Inglewood and the craft beer community.
YOU ARE NOT GOING TO WANT TO MISS THIS!
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.
$250.00
Tier 1
(1) Limited Edition Pint Glass Limited Edition Sticker O.G.F.C. Ownership Certificate O.G.F.C. Card
$500.00
Tier 2
(2) Limited Edition Pint Glasses Limited Edition Sticker O.G.F.C. Ownership Certificate O.G.F.C. Card
$1,000.00
Tier 3
(2) Limited Edition Pint Glasses (1) O.G.F.C Swag Bag 10% Discount on Crowns & Hops Merch for a year O.G.F.C. Ownership Certificate O.G.F.C. Card
$2,500.00
Tier 4
(2) Limited Edition Pint Glasses (2) O.G.F.C Swag Bags 15% off of Crowns & Hops Merch Store for a year O.G.F.C. Ownership Certificate O.G.F.C. Card
$5,000.00
Tier 5
(4) Limited Edition Pint Glasses (2) O.G.F.C Swag Bags 15% off of Crowns & Hops Merch Store for a year 15% off of Crowns & Hops beer at the taproom for a year See more perks in terms below!
$10,000.00
Tier 6
(4) Limited Edition Pint Glass (4) O.G.F.C Swag Bags 15% off of Crowns & Hops Merch Store for a year 15% off of Crowns & Hops beer at the taproom for a year See more perks in terms below!
$25,000.00
Tier 7
(4) Limited Edition Pint Glasses (4) O.G.F.C Swag Bags 15% off of Crowns & Hops Merch Store for a year 15% off of Crowns & Hops beer at the taproom for a year See more perks 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?
How much can I invest?
With Regulation A+, a non-accredited investor can only invest a maximum of 10% of their annual income or 10% of their net worth per year, whichever is greater. There are no restrictions for accredited investors.
With Regulation Crowdfunding, non-accredited investors with an annual income or net worth less than $124,000, are limited to invest a maximum of 5% of the greater of those two amounts. For those with an annual income and net worth greater than $124,000, he/she is limited to investing 10% of the greater of the two amounts.
When will I receive my shares?
At the close of an offering, all investors whose funds have “cleared” by this time will be included in the disbursement. At this time, each investor will receive an email from StartEngine with their Countersigned Subscription Agreement, which will serve as their proof of purchase moving forward.
Please keep in mind that a company can conduct a series of “closes” or withdrawals of funds throughout the duration of the campaign. If you are included in that withdrawal period, you will be emailed your countersigned subscription agreement and proof of purchase immediately following that withdrawal.
What will the return on my investment be?
StartEngine assists companies in raising capital, and once the offering is closed, we are no longer involved with whether the company chooses to list shares on a secondary market, or what occurs thereafter. Therefore, StartEngine has no control or insight into your investment after the close of the live offering. In addition, we are not permitted to provide financial advice. You may want to contact a financial professional to discuss possible investment outcomes.
Can I cancel my investment?
For Regulation Crowdfunding, investors are able to cancel their investment at any point throughout the campaign up until 48 hours before the closing of the offering. Note: If the company does a rolling close, they will post an update to their current investors, giving them the opportunity to cancel during this timeframe. If you do not cancel within this 5-day timeframe, your funds will be invested in the company, and you will no longer be able to cancel the investment. If your funds show as ‘Invested’ on your account dashboard, your investment can no longer be canceled.
For Regulation A+, StartEngine allows for a four-hour cancelation period. Once the four-hour window has passed, it is up to each company to set their own cancelation policy. You may find the company’s cancelation policy in the company’s offering circular.
Once your investment is canceled, there is a 10-day clearing period (from the date your investment was submitted). After your funds have cleared the bank, you will receive your refund within 10 business days.
Refunds that are made through ACH payments can take up to 10 business days to clear. Unfortunately, we are at the mercy of the bank, but we will do everything we can to get you your refund as soon as possible. However, every investment needs to go through the clearing process in order to get sent back to the account associated with the investment.
What is the difference between Regulation Crowdfunding and Regulation A+?
Both Title III (Regulation Crowdfunding) and Title IV (Reg A+) help entrepreneurs crowdfund capital investments from unaccredited and accredited investors. The differences between these regulations are related to the investor limitations, the differing amounts of money companies are permitted to raise, and differing disclosure and filing requirements. To learn more about Regulation Crowdfunding, click here, and for Regulation A+, click here.
