Golf Grip Manufacturer - The Offering
THE OFFERING
Deal Structure
ProGrip is seeking $750,000 in equity capital. ProGrip's management is open to negotiating an appropriate investment strategy. As the company's initial products prove successful, we want to quickly expand the availability of the Impress grip and introduce new products. Accordingly, ProGrip will need the financial resources to aggressively move forward and capture the golf grip opportunity and will seek additional financing if and when necessary in the future.
Use of Funds
ProGrip intends to outsource all manufacturing of its premium grips. Thus, the primary use of funds generated from the private placement will be financing the company's initial launch and working capital requirements.
Investor Return
ProGrip's management is open to negotiating an appropriate investment strategy. Staged entries are possible given our current projection framework. Note, however, that such staging may result in...
[The entire page is 448 words long]
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