NewAge Inc (fka NBEVQ) (NBEVQ)

[NewJerichoMan]

S-3 Filed. It's shock-and-awe. $100M.

They'll have to raise the A/S count to achieve anything close to it. Our cap is currently 50M A/S and we're basically at 35M today.

We're living in a DOW 21.5K world. Secondaries seem to be received surprisingly well. Still have to present a good plan on what they plan to buy though.



"We are authorized to issue up to 50,000,000 shares of common stock, par value $0.001 per share. The holders of our common stock (i) have equal ratable rights to dividends from funds legally available therefore, when, as and if declared by our board of directors; (ii) are entitled to share in all of its assets available for distribution to holders of common stock upon liquidation, dissolution or winding up of its affairs; (iii) do not have preemptive, subscription or conversion rights and there are no redemption or sinking fund provisions or rights; and (iv) are entitled to one non-cumulative vote per share on all matters on which stockholders may vote.

As of July 18, 2017, there were 34,330,520 shares of common stock issued and outstanding."