Bruush Oral Care Inc. (BRSH) to Raise $16 Million in IPO
Bruush Oral Care Inc. (BRSH) to Raise $16 Million in IPO
$Bruush Oral Care Inc.(BRSH.US)$ expects to raise $16 million in an initial public offering (IPO) on Wednesday, August 3rd, IPO Scoop reports. The company plans to issue 2,500,000 shares at $5.20-$7.20 per share.
$ 布魯什口腔護理公司（BRSH.US）$預計在 8 月 3 日（星期三）首次公開募股（IPO）中籌集 16 萬美元。該公司計劃以每股 5.20 美元 7.20 美元的價格發行 25 萬股股份。
In the last year, Bruush Oral Care Inc. generated $2 million in revenue and had a net loss of $4.2 million. Bruush Oral Care Inc. has a market cap of $37.7 million.
去年，布魯什口腔護理公司產生了 200 萬美元的收入，淨虧損為 420 萬美元。布魯什口腔護理公司的市值為 37.7 萬美元。
Aegis Capital acted as the underwriter for the IPO.
AEGIS 資本擔任首次公開招股的承銷商。
Bruush Oral Care Inc. provided the following description of their company for its IPO: "(Note: This IPO is a unit offering. Each unit consists of one share of common stock and one warrant to buy one share of common stock. This is a NASDAQ listing.) The company is on a mission to inspire confidence through brighter smiles and better oral health. (Incorporated in British Columbia) Founded in 2018 by Chief Executive Officer Aneil Manhas, a former investment banker and private equity investor turned entrepreneur, we are an oral care company that is disrupting the space by reducing the barriers between consumers and access to premium oral care products because it is our belief that high-quality oral care products should be more accessible. We are an e-commerce business with a product portfolio that currently consists of a sonic-powered electric toothbrush kit and brush head refills. We focus our marketing efforts on recruiting consumers between 18 and 45 years of age and currently using a manual toothbrush and convincing them that there has never been a more compelling opportunity to upgrade to an electric brush. Through our website, consumers can purchase a Brüush starter kit (the "Brüush Kit"), which includes: (i) the Brüush electric toothbrush (the "Brüush Toothbrush"); (ii) three brush heads; (iii) a magnetic charging stand and USB power adapter; and (iv) a travel case. We also sell the brush heads separately, which come in a three-pack (the "Brüush Refill") and can be purchased on a subscription basis, where the customer will automatically receive a Brüush Refill every six months (the "Subscription"). We consider a Subscription to be active (an "Active Subscription") until it is either cancelled by the customer or terminated due to payment failure (for example, a lost or expired credit card). Later this calendar year, we plan to expand our portfolio with the launch of several new subscription-based consumable oral care products, including toothpaste, mouthwash, dental floss, a whitening pen, as well as an electric toothbrush designed for kids. As an e-commerce business, our website – – accounts for the majority of our sales. We also sell through Amazon and have commercial agreements with some third-party retailers, including Indigo, Harry Rosen, Macy's and Urban Outfitters, who all sell our products on their websites under a drop-ship arrangement. We are not dependent on any one of these third-party commercial agreements. **Note: Revenue and net loss figures are for the fiscal year (nine months) ended Oct. 31, 2021. (Note: Bruush Oral Care Inc. disclosed terms for its IPO in an F-1/A filing dated July 21, 2022: 2.47 million units at $5.20 to $7.20 each to raise $15.31 million.) ".
Bruush 口腔護理公司為其公司的首次公開募股提供了以下描述：「（注意：此首次公開募股是一個單位發售。每個單位包括一股普通股及一份購買普通股的權證。這是納斯達克上市。）該公司的使命是通過明亮的笑容和更好的口腔健康來激發自信。（於不列顛哥倫比亞省註冊成立）由前投資銀行家兼私募股權投資者轉為企業家的首席執行官 Aneil Manha 於 2018 年創立，我們是一家口腔護理公司，通過減少消費者之間的障礙和獲得優質口腔護理產品來破壞空間，因為我們相信高質量的口腔護理產品應該更容易獲得。我們是一家電子商務公司，產品組合目前包括聲波動力的電動牙刷套件和刷頭筆芯。我們的營銷工作專注於招募 18 至 45 歲的消費者，目前使用手動牙刷，並說服他們從未有過更具吸引力的機會升級到電刷。通過我們的網站，消費者可以購買 BruUSH 入門套件（「BruUSH 套裝」），其中包括：（i）BruUSH 電動牙刷（「BruUSH 牙刷」）；（ii）三個刷頭；（iii）一個磁性充電座和 USB 電源適配器；以及（iv）旅行箱。我們還單獨出售刷頭，分為三包裝（「BruUSH 筆芯」），可以按訂閱方式購買，客戶將每六個月自動收到一次 BruUSH 補充裝（「訂閱」）。我們會將訂閱視為有效 (即「有效訂閱」)，直到客戶取消訂閱或因付款失敗而終止 (例如，信用卡遺失或過期)。本日曆年稍後時間，我們計劃推出幾款以訂閱為基礎的消耗性口腔護理產品，包括牙膏、漱口水、牙線、美白筆，以及專為兒童設計的電動牙刷，擴大我們的產品組合。作為一家電子商務企業，我們的網站 — 佔我們的大部分銷售額。我們還通過亞馬遜出售，並與一些第三方零售商有商業協議, 包括靛藍, 哈里·羅森, 梅西百貨和城市 Outfitters, 誰所有銷售我們的產品在他們的網站下一個直接船安排.我們不依賴這些第三方商業協議中的任何一項。** 注意：收益和淨虧損數字是截至 2021 年 10 月 31 日止的會計年度（9 個月）。（注意：布魯什口腔護理公司在 2022 年 7 月 21 日的 F-1/A 申請中披露了其首次公開募股的條款：2.47 萬個單位，價格為 5.20 美元至 7.20 美元，以籌集 15.31 萬美元。）
Bruush Oral Care Inc. was founded in 2018 and has 7 employees. The company is located at 30 Wellington Street West, 5th Floor Toronto, Ontario M5L 1E2 Canada and can be reached via phone at (844) 427-8774
布魯什口腔護理有限公司成立於 2018 年，擁有 7 名員工。該公司位於加拿大安大略省多倫多市惠靈頓街西 30 號 5 樓 M5L 1E2，可以通過電話聯繫到（844）427-8774
譯文內容由第三人軟體翻譯。