Yerbaé Brands, a plant-based energy beverage company, has initiated a private placement through co-lead agents Raymond James Ltd. and Echelon Wealth Partners Inc. The offering, conducted on a “best efforts” agency basis, aims to raise up to US$5.0 million by issuing special warrants of the company.
The issuance price will be determined based on market conditions. Football superstar Aaron Rodgers, the New York Jets quarterback, is leading the order for this private placement.
About Yerbae
Established in 2017 by Todd Gibson and Karrie Gibson, Yerbaé Brands Corp. is transforming the energy beverage market with its flavorful, zero sugar, and zero-calorie drinks. The company focuses on plant-based ingredients, catering to wellness-oriented consumers.
Yerbaé incorporates Yerba Mate, a South American herb rich in 196 vitamins, minerals, and nutrients, known for its caffeine content. This celebrity ingredient, combined with premium components and flavors, offers consumers an energy solution without compromising on health. All Yerbaé energy beverages are non-GMO, gluten-free, and boast zero calories and zero sugar.
Todd Gibson has two previous exits to Coke and one to Pepsi and in the past 30 days they have brought on numerous NFL and MLB investors including; Brock Purdy, Kyle Shanahan, Nathaniel Hackett, Ben Johnson, Ejiro Evero, Giancarlo Stanton, and others.
