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Saturday, March 30, 2024 9:11:17 AM
Reason for Delay in Posting Financial Report: State below in reasonable detail why the Annual/Quarterly Report could not be filed within the prescribed time period.Management has been focused on closing the acquisition of Maggie's on the River for $1.4 million, and the transaction will almost triple the size of 1812 Brewing Company. The transaction, which has been innegotiations and being structured since August 2023, was tentatively scheduled to close during the period range of April 1 to April 9th. The precise timing of the closing has been driven primarily by the financing sources, and the Company is subject to their perogative. So mgt's immediate focus has been preparing to manage the combined company post-acquisition. The acquisition is so material to the Company that this focus has been necessary to ensure the acquisition's success for shareholders of 1812 Brewing Company.
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