Billy Reid has filed a notice of an exempt offering of securities to raise $11 Million in New Funding.
According to filings with the U.S. Securities and Exchange Commission, Billy Reid is raising up to $11,000,000.00 in new funding. The federal securities law requires the notice to be filed by companies that have sold securities without registration under the Securities Act of 1933 in an offering made under Rule 504 or 506 of Regulation D or Section 4(a)(5) of the Securities Act. A company must file this notice within 15 days after the first sale of securities in the offering. For this purpose, the date of first sale is the date on which the first investor is irrevocably contractually committed to invest. Each issuer of securities that sells its securities in reliance on an exemption provided in Regulation D or Section 4(a)(5) of the Securities Act of 1933 must file this notice containing the information requested with the U.S. Securities and Exchange Commission (SEC) and with the state(s) requiring it. If more than one issuer has sold its securities in the same transaction, all issuers should be identified in this filing with the SEC.
About Billy Reid
Billy Reid is a modern Southern design studio. From our home in Florence, Alabama, we at Billy Reid have been making expertly crafted, standout clothing for more than 20 years. We have earned some of the most prestigious honors in fashion, including four CFDA awards. More importantly, we make clothing that is built to last. We believe in creating fewer, better things, and our approach balances sustainability and artisanship, carefully considering every button, every thread, every stitch. Our community especially the artists, musicians, chefs and makers who surround us are a constant source of inspiration. Every year, we celebrate this community at our Shindig Festival, and regularly host events at our 15 shops nationwide (and counting). In addition to those locations, we operate a thriving e-commerce shop and robust wholesale business.
To learn more about Billy Reid, visit https://www.billyreid.com/
Billy Reid Linkedin Page: https://www.linkedin.com/company/billy-reid/
Contact:
Jeff Zens, Chief Executive Officer
877-757-3934
https://www.linkedin.com/in/jeffreyzens/
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