FAQ
What is BRB Foods, Inc.'s ticker symbol?
BRB Foods, Inc. trades under the ticker symbol BRBF on the NASDAQ in New York, US.
On which stock exchange does BRB Foods, Inc. trade?
Our common shares are listed on the NASDAQ stock exchange, in New York, US.
How many shares are being offered in BRB Foods, Inc.’s IPO?
We are initially offering 2,600,000 shares of common stock as described in our S-1 documents.
What is the total number of shares outstanding after the offering?
After the offering, there will be 14,922,209 shares outstanding, or 15,312,209 shares if the underwriters exercise their 45-day over-allotment option in full.
What will BRB Foods Inc. use the IPO proceeds for?
The net proceeds will be used to fund:
• General corporate purposes, including working capital, capital expenditures, and operating expenses such as IT procurement, marketing, supply chain, and logistics.
• Additional resources to support product development and business growth strategies.
Who are the underwriters of the IPO?
The IPO was underwritten by Network 1 Financial Securities, Inc. , an american regulated Investment Bank.
Who is BRB Foods, Inc.'s transfer agent?
Our transfer agent is VStock Transfer, LLC. Investors may contact them for inquiries related to share ownership, transfers, or stock certificates.
Why did BRB Foods, Inc. pause sales during the quarter ended June 30, 2024?
During Q2 2024, BRB Foods, Inc. temporarily paused sales to prepare for the launch of our expanded product line. This strategic move allowed us to:
• Streamline our supply chain.
• Reduce costs.
• Ensure supermarkets are prepared with a complete product portfolio.
As of the end of Q3 2024, we are poised to launch 61 new products, which will increase our portfolio to 64 products by the end of 2024. This expansion represents a substantial step forward in achieving our mission of delivering exceptional value to our customers and stakeholders.
How many products does BRB Foods, Inc. currently offer?
As of Q3 2024, we have three products on the market under licensed Unilever brands. By the end of 2024, we expect to expand our portfolio to 64 products, with 61 new offerings planned for launch.
How does BRB Foods, Inc. plan to distribute its expanded portfolio?
We are aligning our logistics network to support this product launch, leveraging 14 strategically located distribution centers across Brazil to efficiently reach over 200 million consumers.
What is BRB Foods, Inc.’s long-term strategy?
Our long-term strategy includes:
• Expanding our product portfolio to cater to evolving consumer needs.
• Enhancing our supply chain and logistics to reduce costs.
• Strengthening our market presence to deliver exceptional value to our customers and stakeholders.
What is BRB Foods, Inc.’s fiscal year-end?
Our fiscal year ends on December 31. Our current independent and external Audiors firm is: Russel Bedford.
How can I access BRB Foods, Inc.’s financial statements and reports?
All financial statements, quarterly results, and annual reports are available on the Investor Relations section of our official page: https://ir.brbfoods.com
How do I contact BRB Foods, Inc.’s Investor Relations team?
You can contact our Investor Relations team via email at ir@brbfoods.com or by our official page: https://ir.brbfoods.com
FAQ
What is BRB Foods, Inc.’s ticker symbol?
BRB Foods Inc. trades under the ticker symbol BRBF on the NASDAQ.
On which stock exchange does BRB Foods, Inc. trade?
Our common shares are listed on the NASDAQ stock exchange.
When did BRB Foods, Inc. go public?
BRB Foods Inc. began trading publicly on [Insert Date Here] following the completion of its initial public offering (IPO).
How many shares are being offered in BRB Foods, Inc.’s IPO?
We are offering 2,600,000 shares of common stock at a par value of $0.001 per share.
What is the total number of shares outstanding after the offering?
After the offering, there will be 14,922,209 shares outstanding, or 15,312,209 shares if the underwriters exercise their 45-day over-allotment option in full.
What will BRB Foods, Inc. use the IPO proceeds for?
The net proceeds will be used to fund:
• General corporate purposes, including working capital, capital expenditures, and operating expenses such as IT procurement, marketing, supply chain, and logistics.
• Additional resources to support product development and business growth strategies.
Who are the underwriters of the IPO?
The IPO was underwritten by Network 1 Financial Securities, Inc.
Who is BRB Foods, Inc.'s transfer agent?
Our transfer agent is VStock Transfer, LLC. Investors may contact them for inquiries related to share ownership, transfers, or stock certificates.
Why did BRB Foods, Inc. pause sales during the quarter ended June 30, 2024?
During Q2 2024, BRB Foods Inc. temporarily paused sales to prepare for the launch of our expanded product line. This strategic move allowed us to:
• Streamline our supply chain.
• Reduce costs.
• Ensure supermarkets are prepared with a complete product portfolio.
As of the end of Q3 2024, we are poised to launch 61 new products, which will increase our portfolio to 64 products by the end of 2024. This expansion represents a substantial step forward in achieving our mission of delivering exceptional value to our customers and stakeholders.
How does BRB Foods, Inc. plan to distribute its expanded portfolio?
As of Q3 2024, we have three products on the market under licensed Unilever brands. By the end of 2024, we expect to expand our portfolio to 64 products, with 61 new offerings planned for launch.
How many shares are being offered in BRB Foods, Inc.’s IPO?
We are aligning our logistics network to support this product launch, leveraging 14 strategically located distribution centers across Brazil to efficiently reach over 200 million consumers.
What is BRB Foods, Inc.’s long-term strategy?
Our long-term strategy includes:
• Expanding our product portfolio to cater to evolving consumer needs.
• Enhancing our supply chain and logistics to reduce costs.
• Strengthening our market presence to deliver exceptional value to our customers and stakeholders.
What is BRB Foods, Inc.’s fiscal year-end?
Our fiscal year ends on December 31st.