About Drake's Organic Spirits
Drake's Organic Spirits is a private company based in Minnetonka, Minnesota. It has reported $20,669,654 raised in six offerings on Form D since April 2018.
Funding Rounds (SEC Form D)
| First sale | Filed with SEC | Amount sold | Investors | Avg. check | Terms | Filing |
|---|---|---|---|---|---|---|
| Mar 17, 2023 | Mar 31, 2023 | $1,210,152of $1.6M target | 86 | $14,072 | EquityRule 506(b) | Form D ↗ |
| Dec 3, 2021 | Dec 14, 2021amended Feb 23, 2023 | $4,261,673of $5.0M target | 24 | $177K | Debt, Options, Securities on exerciseRule 506(b) | Form D/A ↗1 earlier filing |
| Not yet | Jun 25, 2021 | $0of $3.9M target | 0 | — | EquityRule 506(c) | Form D ↗ |
| Jan 11, 2021 | Apr 7, 2021amended Jun 24, 2021 | $5,891,102of $10.0M target | 56 | $105K | EquityRule 506(b) | Form D/A ↗1 earlier filing |
| Sep 15, 2018 | Dec 10, 2018amended Oct 15, 2019 | $6,235,030fully sold | 82 | $76,037 | EquityRule 506(b) | Form D/A ↗1 earlier filing |
| Apr 5, 2017 | Apr 30, 2018 | $3,071,697fully sold | 40 | $76,792 | EquityRule 506(b) | Form D ↗ |
| Total, six offerings | $20,669,654 | |||||
First sale is the date the first investor in the offering committed to invest. Companies must file Form D within 15 days of that date, so filing dates run later.
Leadership Team
Executive officers and directors listed on Drake's Organic Spirits's Form D filed Mar 31, 2023.
WH
William Hawks
Director
LH
Lamont Herman
Executive Chair
JS
James Sexton
Director
TL
Thomas Lebon
Director
MA
Mark Anderson
Director
LB
Lyle Berman
Director
SO
Steve Ousley
Executive officer
Earlier filings also listed Glynn Bloomquist (director, last listed Feb 2023), James Allen (executive chairman, last listed Jun 2021), Mark Foreman (chief financial officer and treasurer, last listed Apr 2018) and Adam Jensen (vice president - documents and certifications, last listed Apr 2018).