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Stock impact report

Liquid Death closes $67 million in strategic financing including top distributors at $1.4 billion valuation [Yahoo! Finance]

SuRo Capital Corp. - Closed End Fund (SSSS) 
Company Research Source: Yahoo! Finance
LOS ANGELES, March 11, 2024 BUSINESS WIRE )--Liquid Death, the healthy beverage platform and one of fastest growing non-alcoholic brands, has closed $67 million in financing from strategic partners and new investors including top national distributors, along with notable names in entertainment and sports. "Liquid Death has become the fastest growing and leading brand across the water, flavored sparkling water, and iced tea categories. We continue to see extremely strong consumer and retailer demand and are proud to have raised a strategic, oversubscribed, ‘up' round to fuel our growth," said Mike Cessario, founder & CEO of Liquid Death. "What began as appealing to inbound interest has culminated in a leading group of strategic investors from finance, entertainment and distribution backgrounds. This round, coupled with the appointment of Stephen Ballard, a seasoned sales executive and White Claw alum, will enable us to continue scaling a world-class distribution network to murder th Show less Read more
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