Spring Street Business Law Represented Venice Brands in Two Significant Investments
Spring Street Business Law represented Venice Brands, an investment platform that focuses on emerging consumer brands, particularly high-growth food & beverage companies, in two significant investments.
SSBL represented Venice Brands in its investment in Osso Good, one of the fastest growing brands in the premium bone broth category, through a preferred unit purchase transaction. The transaction included the negotiation of a preferred unit purchase agreement, amended and restated operating agreement, investor rights agreement, director representative indemnity agreement as well as setting up a holding company investment vehicle. The investment also included a follow-on round. https://www.venicebrands.com/ossogood
SSBL represented Venice Brands in its investment in KonaRed Corporation through a PIPE transaction. The transaction included a number of key terms, including the creation of a new class of preferred stock, a pre-wired follow-on investment, co-investor arrangements, equity incentive and contingency arrangements, an investor rights agreement, major shareholders voting agreement and other preferred rights. Subsequently, SSBL assisted KonaRed in connection with a strategic product distribution arrangement. https://www.venicebrands.com/konared
SSBL has significant experience representing both investors and operating companies in connection with early stage and growth equity and debt investment transactions as well as general contract and corporate matters.