Capital Raising
COMPLETED
Candy Club (IPO Round)
Confectionary subscription service
INDUSTRY
Retail
RAISING
A$8M
Company Overview
The Company operates a direct-to-consumer (D2C) confectionary subscription service in the USA and also sells confectionary wholesale to businesses (B2B).
Exposure to large and growing US confectionary market.
Omnichannel model to allow retail purchases in the B2B segment to drive subscriptions in the D2C segment.
Founder/ CEO has a proven track record with multiple successful exits
Backed by highly esteemed Seed and Venture Capitalists
Exceptional board, comprising notable early stage investors
Compelling valuation at less than 2x historic EV/revenue
A prospectus for this Issue has been lodged with ASIC and is available.
Expected closing date for bids December 17 2018.