AKA Spirits Inc (TUCK Gin)

Gin and RTDs ReimaGINed

AKA Spirits Inc (TUCK Gin)

Gin and RTDs ReimaGINed

Weston, CT
Food & Beverage
TUCK Gin is a uniquely craft gin designed specifically for the American palate. TUCK is an exceptional and accessible spirit that is less juniper-forward than traditional gins, having a modern flavor that appeals to gin lovers and non-gin drinkers alike. We have also created gin-based ready-to-drink (RTDs) canned cocktails that align with current market trends. We are all about gin, and our products reflect this obsession.

$80,917

raised
54
Investors
$6.61M
Valuation
$50.00
Price per Share
$250.00
Min. Investment
Common
Shares Offered
Equity
Offering Type
$1.07M
Offering Max
10
Days Left

$80,917

raised
54
Investors
$6.61M
Valuation
$50.00
Price per Share
$250.00
Min. Investment
Common
Shares Offered
Equity
Offering Type
$1.07M
Offering Max
10
Days Left

Rewards

Get rewarded for investing more into AKA Spirits Inc (TUCK Gin):

$250+
Investment
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+
Investment
First Tier
Invest $500 -- Premium TUCK Gin tee-shirt/baseball hat
$1,000+
Investment
Second Tier
Invest $1,000-- 3% bonus shares, TUCK Gin shot glasses and 15% off all e-comm purchases for 12M
$2,500+
Investment
Third Tier
Invest $2,500 -- 3% bonus shares, 20% off all e-comm purchases for 12M and exclusive access to special merch
$5,000+
Investment
Fourth Tier
Invest $5,000 -- 3% bonus shares Investor special reserve single barrel TUCK barrel aged gin
$10,000+
Investment
Fifth Tier
Invest $10,000 --5% bonus shares, Investor special reserve single barrel TUCK barrel aged gin
$25,000+
Investment
Sixth Tier
Invest $25,000 -- 10% bonus shares, Investor special reserve single barrel TUCK barrel aged gin
$50,000+
Investment
Seventh Tier
Invest $50,000 --15% bonus shares, Free weekend trip to Greenport, NY to meet the founder team, distillery tour and tasting, share the vision etc.
$100,000+
Investment
Eighth Tier
Invest $100,000 -- 20% bonus shares, Free weekend trip to Greenport, NY to meet the founder team, distillery tour and tasting, share the vision etc.





Reasons to invest



“An exceptional and accessible spirit designed for the modern American palate.”

The Problem




Although the consumption of gin has exploded in much of the world over the last decade, gin has remained out of favor in the USA relative to other spirits.


We believe gin is beginning to catch on in the USA, but there is still a popular misconception that gin is your grandparent’s drink. We are here to change that. 

The Solution


We Believe in Making Gin Accessible to Everyone

TUCK is an American-styled gin that is designed to taste better to the average consumer than typical dry, juniper-dominated brands. We created our products to appeal to a broad audience, having a cool presentation, and offered in different, on-trend formats.



We distill with a regeneratively farmed, corn-based neutral spirit. We use the best organic and non-GMO ingredients available: fresh, hand-peeled organic pink grapefruit peel from California, fresh jasmine flower from India, and fresh rosemary from upstate New York. 




Unlike many gins, ours is actually handcrafted to ensure brightness and freshness and remove bitter off-flavors. Our great taste comes from our detail-oriented process: 


  • Each botanical is individually rested for 30 days and once blended, rested for an additional 20 days or more. 
  • Our distillation cuts are determined by taste rather than temperature, and our water is pH balanced and mimics the minerality of the Saugatuck water table from which it was first distilled. 
  • Each botanical is macerated at a lower ABV to enhance flavor profile over yield. 


Meanwhile, our TUCK ready-to-drink (RTD) canned cocktails satisfy current consumer desire for convenient, ready-mixed and accessible quality cocktails. 

Our aim is to embrace disruptive opportunities within the 3-tier liquor model (3TM) including: 


  • Producing via a contract distilling partner, which allows us to be faster to market with a MUCH lower capital outlay.
  • Engaging with traditional distribution partners and B2B distribution while building direct-to-consumer capability. 
  • Concentrating on building the brand, executing sales and marketing, and managing the quality of the production. 

The market


Two Major Markets to Disrupt

With our products, we are addressing two related markets: the gin market and the rapidly evolving cocktail-based RTD market. 


The Gin category is slowly becoming more popular in North America with growth in new craft gins expected in the next 12/18 months following the parabolic growth in the UK, Europe and Australia/NZ in the last decade. Currently the US consumes 10 million cases of gin annually. 

Source

Meanwhile, a pre-covid analysis by Nielsen showed that cocktail-based RTDs on-premise were growing at 83% for the fifty-two weeks preceding December 2019. (Source) We expect the growth in this category to surpass this going forward, and for off-premise sales to follow suit. (Bevnet Magazine, the January – February 2020 issue)

Our Traction


Award-Winning and Already Expanding

We have reached a number of milestones in the past few years in our plans for expansion:


  • Multiple awards: the silver medal at the 2019 New York World Spirits Competition, and the silver medal at the 2020 San Francisco World Spirits Competition. 
  • Two successful RTD launches: TUCK Gin and Tea in late summer 2020, TUCK Gin and Green Tea with Honey in the spring of 2021. 
  • $84k in sales for FY0420 in our first year in the market.
  • 500 points of distribution for our product. 
  • Partnerships with distributors of choice in Connecticut and Rhode Island (CDI and Rhode Island Distributing, a division of Mancini Beverage). 
  • Full vertical integrated e-comm capability to support DTC and ad/market testing, in partnership with BevMax e-comm retailer.
  • B2B distribution in California with LibDib via MHW and in Florida via Matchbook Distilling Co. 


Why invest


An Exceptional Taste in a Growing Market

We want to bring our love of gin to a new generation of American consumers. Our ultimate goal is to create a portfolio of gin related products and to become a national gin-centric liquor brand with international possibilities.


Our outsourced production allows us to focus on building the brand while deploying relatively little capital to date. Capital raised in this offering will be used predominantly for sales and marketing to support our expansion plans in a lane that is on trend. 


Join us as we work to share TUCK Gin with a new generation of gin drinkers.


THE OFFERING MATERIALS MAY CONTAIN FORWARD-LOOKING STATEMENTS AND INFORMATION RELATING TO, AMONG OTHER THINGS, THE COMPANY, ITS BUSINESS PLAN AND STRATEGY, AND ITS INDUSTRY. THESE FORWARD-LOOKING STATEMENTS ARE BASED ON THE BELIEFS OF, ASSUMPTIONS MADE BY, AND INFORMATION CURRENTLY AVAILABLE TO THE COMPANY’S MANAGEMENT. WHEN USED IN THE OFFERING MATERIALS, THE WORDS “ESTIMATE,” “PROJECT,” “BELIEVE,” “ANTICIPATE,” “INTEND,” “EXPECT” AND SIMILAR EXPRESSIONS ARE INTENDED TO IDENTIFY FORWARD-LOOKING STATEMENTS, WHICH CONSTITUTE FORWARD LOOKING STATEMENTS. THESE STATEMENTS REFLECT MANAGEMENT’S CURRENT VIEWS WITH RESPECT TO FUTURE EVENTS AND ARE SUBJECT TO RISKS AND UNCERTAINTIES THAT COULD CAUSE THE COMPANY’S ACTUAL RESULTS TO DIFFER MATERIALLY FROM THOSE CONTAINED IN THE FORWARD-LOOKING STATEMENTS. INVESTORS ARE CAUTIONED NOT TO PLACE UNDUE RELIANCE ON THESE FORWARD-LOOKING STATEMENTS, WHICH SPEAK ONLY AS OF THE DATE ON WHICH THEY ARE MADE. THE COMPANY DOES NOT UNDERTAKE ANY OBLIGATION TO REVISE OR UPDATE THESE FORWARD-LOOKING STATEMENTS TO REFLECT EVENTS OR CIRCUMSTANCES AFTER SUCH DATE OR TO REFLECT THE OCCURRENCE OF UNANTICIPATED EVENTS.

Quick Insert
Code View

Offering Summary


Company

:

AKA Spirits Inc

Corporate Address

:

83 Old Farm Road, Weston, CT 06883

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

:

200

Maximum Number of Shares Offered

:

21,400

Price per Share

:

$50.00

Pre-Money Valuation

:

$6,614,700.00











Live perks

Invest within the first 24 hours, receive 10% bonus shares.

Volume

Invest $500 - Premium TUCK Gin tee-shirt/baseball hat

Invest $1,000-- 3% bonus shares, TUCK Gin shot glasses and 15% off all e-comm purchases for 12M

Invest $2,500 -- 20% off all e-comm purchases for 12M and exclusive access to special merch

Invest $5,000 -- Investor special reserve single barrel TUCK barrel aged gin 

Invest $10,000 --5% bonus shares, Investor special reserve single barrel TUCK barrel aged gin 

Invest $25,000 -- 10.0% bonus shares, Investor special reserve single barrel TUCK barrel aged gin 

Invest $50,000 --15% bonus shares, Free weekend trip to Greenport, NY to meet the founder team, distillery tour and tasting, share the vision etc.

Invest $100,000 -- 20% bonus shares, Free weekend trip to Greenport, NY to meet the founder team, distillery tour and tasting, share the vision etc.

The 10% StartEngine Owners' Bonus

Tuck Gin 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 $50/ share, you will receive and own 110 shares for $5000. 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 canceled or fail.

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

*Maximum Number of Shares offered subject to adjustment for bonus shares. See Bonus info below.

Any bonus shares received by an investor as a result of making a reservation in this Testing the Waters campaign and subsequently investing in an offering by the Company will be in addition to any bonus shares offered during the Company’s live offering. For example, if we offer 10% bonus shares for making a reservation in this Testing the Waters (“TTW”) campaign, and then an investor completes an investment in our live offering, and the live offering has an additional 10% bonus you are eligible for, you will receive both bonuses combined as a percentage of your original investment amount. If you purchase 100 shares, you will receive 120 shares total in the live offering (100 (original investment) + 10 (10% bonus shares from your TTW reservation) + 10 (10% bonus shares from the live offering perk).

TTW Reservation Perks*

Reserve during the Test The Waters offering and receive 10% Bonus Shares. The reservation perks are in addition to company-specific perks while the campaign is live.

The Company may provide additional perks based on different criteria if and when the offering campaign becomes live.

*All Perks occur after the offering ends.

The Company will not incur any irregular use of proceeds.


Show More
Most recent fiscal year-end:
Prior fiscal year-end:
Total Assets
$118,372.24 USD
$32,562.93 USD
Cash And Cash Equivalents
$31,788.27 USD
$3,197.75 USD
Accounts Receivable
$4,521.00 USD
$0.00 USD
Short Term Debt
$3,983.59 USD
$0.00 USD
Long Term Debt
$0.00 USD
$0.00 USD
Revenues And Sales
$83,949.68 USD
$0.00 USD
Costs Of Goods Sold
$36,527.75 USD
$0.00 USD
Taxes Paid
$0.00 USD
$0.00 USD
Net Income
-$103,714.28 USD
-$26,937.07 USD

Risks

A crowdfunding investment involves risk. You should not invest any funds in this offering unless you can afford to lose your entire investment. In making an investment decision, investors must rely on their own examination of the issuer and the terms of the offering, including the merits and risks involved. These securities have not been recommended or approved by any federal or state securities commission or regulatory authority. Furthermore, these authorities have not passed upon the accuracy or adequacy of this document. The U.S. Securities and Exchange Commission does not pass upon the merits of any securities offered or the terms of the offering, nor does it pass upon the accuracy or completeness of any offering document or literature. These securities are offered under an exemption from registration; however, the U.S. Securities and Exchange Commission has not made an independent determination that these securities are exempt from registration.


Updates

TUCK pairs well with Thanksgiving leftovers 🦃

4 days ago

Still recovering from your Thanksgiving feast? Not to worry, you haven't missed your chance to invest! 

There are only two weeks left before our first round of investment closes, so step up your TUCK investment and let's spread the warmth of the craft gin that gets better with every sip.

TUCKGin.com just got a refreshing new look!

12 days ago

We know you loved TUCK before, but our website just got a facelift! Check out our new and improved website at TuckGin.com and tell us what you think!

And if you’re feeling fancy, restock your TUCK stash or 1-up your investment. Either way, we’re glad you’re part of the new Gin-eration.

Announcing New Collaboration with License to Distill

16 days ago



While we hope you’ve been kicking back with your preferred TUCK beverage in hand, we’ve been working tirelessly to bring you the best TUCK experience.

That’s why we’re pleased to announce our newest collaboration with License to Distill, the world’s largest online craft cocktail community for experienced bartenders, cocktail enthusiasts, and the people who just love a good drink!

We’re excited to see where this partnership takes TUCK. If you want to come along for the ride, consider joining the TUCK team and become an investor today. The window of opportunity closes on December 13th, so don’t delay!

Come have a drink on us!

3 months ago


Come meet the TUCK team and taste our premium TUCK Gin and Ready-to-Drink cocktails!

We have been featured at over 70 events and tastings since Memorial Day, primarily in Connecticut and New York, & with many more coming. Look for us locally and come try a taste of your new favorite gin - we can’t wait to meet you.

Cheers!

Notice of Funds Disbursement

3 months ago

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

Hello!

As you might know, AKA Spirits Inc (TUCK Gin) 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 AKA Spirits Inc (TUCK Gin) 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

Taste Test & Invest - Discounted Just for You

3 months ago


Want to try TUCK Gin & RTDs before you invest? Cheers!

Go to tuckgin.com and use our exclusive promo code TUCKENGINE20 at checkout & receive 20% off your order!

Try TUCK today & we’re sure it will lead you to invest with us.

TUCKtastic! We’re doing it again - TUCK Gin & Green Tea

3 months ago


Our Green Tea canned cocktail is being produced again!

We at TUCK Gin are so excited about its popularity and are gearing up to run a second batch. Bottoms up!

Share this with your friends - our success is your success!

You Buy, We Fly! Shipping Expands to 32 States!

4 months ago


Effective Immediately: TUCK Gin is available for shipping to 32 states through our website.

Shop at tuckgin.com and use the promo code TUCKENGINE20 for 20% off any product! 

Taste test and invest!

GINerating a buzz!

4 months ago


TUCK Gin has surpassed over $65,000 in StartEngine investments. We are so grateful to everyone that believes in our team and our outstanding product line created with TUCK Gin. Thank you!

Try before you buy? We get it! Enjoy 20% off TUCK Gin products using code TUCKENGINE20 at tuckgin.com and we are confident it will lead you to invest with us.

Notice of Funds Disbursement

5 months ago

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

Hello!

As you might know, AKA Spirits Inc (TUCK Gin) 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 AKA Spirits Inc (TUCK Gin) 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

Notice of Material Change in Offering

5 months ago

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

Hello! Recently, a change was made to the AKA Spirits Inc (TUCK Gin) offering. Here's an excerpt describing the specifics of the change:


AKA Spirits Inc (TUCK Gin) has added perks


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.

Show More Updates End of Updates

Comments ({{profileCtrl.startup.comments_count}} total)

{{profileCtrl.newComment.body.length}}/2500
Please sign in to post a comment.
Please use Updates for communications.
{{ profileCtrl.commentsLoading ? 'Loading...' : 'Show More Comments' }}