Ola Brew offering is now closed and is no longer accepting investments.
INVEST IN OLA BREW TODAY!
World class Hawaii made seltzers
$2,199,127.86 Raised
REASONS TO INVEST
Veterans to crowdfunding! Join over 850 investors who have successfully invested in Ola Brew’s previous Regulation Crowdfunding offerings!
Hard Seltzers are the fastest growing beverage category! Invest in one of the first community-funded hard seltzer companies!
A team of experienced beverage industry leaders and innovators that has already successfully brewed, marketed and sold beers, hard ciders, and hard seltzers in the Hawaii Market - additionally we’ve just broken into the Southern CA market.
ABOUT
HEADQUARTERS
74-5598 Luhia St
Kailua Kona, HI 96740
WEBSITE
View Site
Hawaiian Ola Brewing Corporation (dba Ola Brew) is a brewery with a focus on ethical and growth-oriented sourcing, working every day to help Hawaii farmers increase their demand by ensuring a guaranteed market for their crops. We’ve successfully grown a brand of over 25 beverages in Hawaii, including beers, hard ciders, and hard seltzers. The growth in consumer demand for hard seltzers has spoken for itself, crushing any projections published over the last two years. That is why our unique hard seltzers have become the flagship product initiating our expansion in the mainland US.
TEAM
Brett Jacobson
Co-Founder, CEO, Director
Naehalani Breeland
Co-Founder, President, Director, Director of Marketing
John Hays
Director
Chris Gayde
Director
Derek Pittman
Director/Director of Operations
Yvette Miller
Secretary/Accountant
Jeffrey Dela Cruz
Graphics Design
Zachary Taffany
Executive Assistant
Constantin Heitcamp
Chief Science Advisor/Quality Assurance Manager
Buddy Ah Nee
Head Brewer
Matthew Panzarino
Sales Manager
Roberto Saldua
Sales Manager
Mark Wornson
Chef
TERMS
Ola Brew
Overview
PRICE PER SHARE
$2.25
DEADLINE
May 1, 2021
VALUATION
$19.55M
AMOUNT RAISED
$2,199,127.86
Breakdown
MIN INVESTMENT
$225
MAX INVESTMENT
$107,000
MIN NUMBER OF SHARES OFFERED
4,444
OFFERING TYPE
Equity
ASSET TYPE
COMMON
SHARES OFFERED
Class A Common Stock
MAX NUMBER OF SHARES OFFERED
977,777
Maximum Number of Shares Offered subject to adjustment for bonus shares
Company | : | Hawaiian Ola Brewing Corporation |
Corporate Address | : | 74-5598 Luhia St, Kailua Kona, HI 96740 |
Offering Minimum | : | $9,999.00 |
Offering Maximum | : | $2,199,998.25 |
Minimum Investment Amount(per investor) | : | $225.00 |
Terms
Offering Type | : | Equity |
Security Name | : | Class A Common Stock |
Minimum Number of Shares Offered | : | 4,444 |
Maximum Number of Shares Offered | : | 977,777 |
Price per Share | : | $2.25 |
Pre-Money Valuation | : | $19,551,876.80 |
Voting Rights of Securities Sold in this Offering
Voting Proxy. 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 and Bonuses*
Time-Based:
Friends and Family Early Birds
Invest within the first 48 hours and receive an additional 15% bonus shares.
Super Early Bird Bonus
Invest within the first week and receive an additional 10% bonus shares.
Early Bird Bonus
Invest within the first two weeks and receive an additional 5% bonus shares.
Amount-Based:
$250+ | A pint on the house!
Invest $250 and receive an exclusive Ola Brew Pint glass.
$500+ | Ola Brew Swag
Invest $500 and receive an exclusive pint glass and t-shirt.
$1,000+ | 10% off for life!
Invest $1,000 and receive 10% off discount for life at our taproom, hydro flask, and all lower-tier perks.
$2,500+ | 3% Bonus Shares
Invest $2,500 and receive 3% bonus shares and all lower tier perks.
$5,000+ | 5% Bonus Shares
Invest $5,000 and receive 5% bonus shares and all lower tier perks
$10,000+ | 8% Bonus Shares
Invest $5,000 and receive 5% bonus shares and all lower tier perks.
The 10% Bonus for StartEngine Shareholders
Hawaiian Ola Brewing Corporation 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 A Common Stock at $2.25 / share, you will receive 110 Class A Common Stock, meaning you'll own 110 shares for $225. 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.
*All perks occur when the offering is completed.
Irregular Use of Proceeds
We will not incur any irregular use of proceeds.
PRESS
ALL UPDATES
04.30.21
We hit our $2.2 Million Fundraising Goal With a Couple Days to Spare!
Aloha Everyone!
We have reached our goal! And with a couple of days to spare! And we couldn't have done it without you all. We want to thank you all from the bottom of our hearts for the incredible support of Ola Brew, and the mission we pursue to grow Hawaii's agricultural economy. On top of achieving our fundraising goals, we had a very eventful weekend! After entering our products into the San Francisco World Spirits Competition, we took home a double gold for our Hibiscus Lavender Hard Seltzer, and also medalled for our Lemongrass Hard Seltzer and Orange Vanilla Hard Seltzer! More on that in a bit.
On another note, progress in our Hilo Taproom is coming right along as we are adding our finishing touches and are looking forward to opening open to our Hilo Ohana shortly! More news to come on this!
We are so happy to have welcomed almost 2000 new investors in this round. We appreciate the aloha and belief in our pursuit to perpetuate the importance of sustainably and responsibly caring for our aina, and in our efforts to continue growing Hawaii's agricultural economy with every product that we create. We are proud to have you all in our Ohana.
As always, please let us know if you have any questions or curiosities, and we look forward to the journey ahead with you all.
Mahalo,
Naehalani Breeland
Co-Founder and President
04.22.21
Notice of Funds Disbursement
[The following is an automated notice from the StartEngine team].
Hello!
As you might know, Ola Brew 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 Ola Brew 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
04.19.21
We reached $2,000,000 over the weeekend and Made History!
Aloha All,
These two lovelies enjoyed a pint in our taproom on Saturday afternoon, learned about our CF raise, and invested! It just so happened that Michael and Madison's investment hit a milestone for crowdfunded breweries across the nation!
From their contribution, Ola Brew became the first Brewery in the United States to raise over $2M in a single crowdfunding raise! And while they were the catalyst to this incredible milestone, each of you 1818 Start Engine investors have played an integral role. And that, folks, is what crowdfunding is all about! Mahalo, mahalo, mahalo!!
We are nearing the end of our campaign. With just 11 days until we close the campaign, we have raised 91% of our goal! So if you have any lingering questions or curiosities, we are here and happy to answer them. We look forward to hearing from you all and again are humbled by the support we have received from our growing community of now 2650 community investors!
We look forward to hearing from you all!
Ma ka ha'aha'a,
Naehalani Breeland
Co-Founder and President
04.13.21
2020 Review and Sneak Peak into the rest of 2021
|
04.01.21
Notice of Funds Disbursement
[The following is an automated notice from the StartEngine team].
Hello!
As you might know, Ola Brew 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 Ola Brew 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
03.29.21
Catching up! Products launched in Q1
Aloha Everyone!
Happy Monday and we have great news share! In just the first 10 days since we reopened our campaign, we have raised over $660,000! Mind blown! We are so thrilled to have all you new investors and are currently at 77% of our fundraising goal!
Now, for mor exciting updates: As we all know, 2020 was an interesting year with ups and downs. One of the most beneficial aspects was we were given time to get creative and plan our 2021 year in retail product launches.
So far two out of three of these new Q1, releases have won gold in different competitions internationally.
Ola Hard Teas: 4.3% ABV
Why Coffee Leaf!? Well, number one, it tastes delicious! And two, by using the coffee leaves, that are currently viewed as a by-product, and turning them into a value-added good, coffee farmers will earn additional revenue with the same crop! Using Ka'u grown oranges, South Kona Grown Tulsi and Hilo Grown Lemongrass, these island flavors are incredibly refreshing and perfect pair to your spring and summer beach days!
Da Hazy Light: 4.2% ABV 45 IBU
Our first Gold Medal-winning brew at Best of Craft in Bend, Oregon, this fairly recently popularized style seems to be here to stay and we could not be more excited about it! Even better, the style emphasizes rich, fruity hop aromas, but very little bitterness. Expect a rich, creamy first impression full of mango and stonefruit flavors which then takes a turn towards a crisp, clean and mouthwatering finish with a touch of green hop spiciness. Since these beers are also called “Freshies”, we will frequently brew small batches of this style to assure maximum freshness!
Orange Vanilla Hard Seltzer: 4.8% ABV
Our Orange-Vanilla Seltzer takes us right back to our childhoods with its creamy orange flavor, just without any dairy. We use whole oranges to get both juiciness and that zesty creaminess, then finish it with more than just a little real vanilla. It may taste way richer, but it actually is the same sugar and calorie content as our other Seltzers!
For our Hawaii Ohana, these delicious libations are available throughout Hawaii in over 600 locations! Find them at your local Foodlands, Safeways, Walmarts, Wholefoods, Targets, Aloha Island Marts, KTA's, Times Supermarkets, Tamuras, Village Bottle Shop, Kona Reef Liquor, Kona Wine Market, Bev Mart, Haleiwa Bottle Shop and many many more small independent and family owned establishments.
And California Ohana! Our seltzers are available in Wholefoods and Total Wines, and our Hard Teas are available in Trader Joes and soon to be Total Wines as well! For a list of other independents in CA please checkout our store locator.
As always, we are so grateful to have you as part of the journey with us to increase Hawaii's agricultural economy, one Ola Brew at a time and we really look forward to sharing our successes.
Please let us know if you have any questions or curiousities!
Me ka ha'aha'a,
Naehalani Breeland
President, Director
03.19.21
We're Live...Again!
Great News Everyone!
Thanks to the SEC publishing their new rules surrounds Regulation Crowdfunding, this week we wer able to reopen our current crowdfunding campaign with an increased maximum raise! This means all you patient individuals that waited so patiently through the fall and early part of 2021 will be included in this current raise! Yay!
So a couple of very exciting things...with the 400+ patient wait-lister investments added to our raise, overnight we have jumped from $1,070,000 in funds raised to $1,552,143! We are so incredibly overwhelmed with the support and excitement that over the next couple of weeks we will be sending fun facts and updates on why Ola Brew is the perfect investment for you, simply by letting you know our progress, and plans. We have some really fun stuff in store for you...starting with...drum roll...:
Remember when we announced our Ola Hard Teas were hitting the market soon?! Well, they are now well represented in stores here in Hawaii, sales are going great, though we have only scratched the surface for this market!
Not only can these hard teas be found in all major chains throughout Hawaii, but they have now entered the Southern CA market! And who better to launch these teas than the one and only Trader Joe's! 
SO! Those of you who reside in southern CA, head on over to a Trader Joe's near you and pick up one of these delicious Tulsi Berry Ola Hard Teas. And don't forget our Ola Hard Seltzers are still available at Wholefoods, Total Wines, and a growing number of Independent Stores! For those of you who reside in the other beautiful parts of the world, spread the word!
That's all for the fun news of the day. We thank you so much for your continued support and for allowing us to continue brewing, kegging canning, and serving up these tasty beverages that are inevitably positively impacting Hawaii Farmers one can at a time!
Please let us know if you have any questions or other curiosities.
Me ka ha'aha'a,
Naehalani Breeland
President/ Director of Marketing
03.18.21
Notice of Material Change in Offering
[The following is an automated notice from the StartEngine team].
Hello! Recently, a change was made to the Ola Brew offering. Here's an excerpt describing the specifics of the change:
Ola Brew increased its max funding goal.
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.
03.01.21
Notice of Material Change in Offering
[The following is an automated notice from the StartEngine team].
Hello! Recently, a change was made to the Ola Brew offering. Here's an excerpt describing the specifics of the change:
Ola Brew extended its campaign.
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.
02.11.21
Notice of Funds Disbursement
[The following is an automated notice from the StartEngine team].
Hello!
As you might know, Ola Brew 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 Ola Brew 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
REWARDS
$225
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
A pint on the house
Invest $250 and receive an exclusive Ola Brew Pint glass.
$500
Ola Brew Swag
Invest $500 and receive an exclusive pint glass and t-shirt.
$1,000
10% off for life
Invest $1,000 and receive 10% off discount for life at our taproom, hydro flask, and all lower-tier perks.
$2,500
3% Bonus Shares
Invest $2,500 and receive 3% bonus shares and all lower tier perks.
$5,000
6% Bonus Shares
Invest $5,000 and receive 6% bonus shares and all lower tier perks.
$10,000
10% Bonus Shares
Invest $10,000 and receive 10% bonus shares and all lower tier perks.
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
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SECURE
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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.
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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.
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.
