- Coyuchi announced its authorization for public offering under Reg A+ in August, allowing for additional investments alongside VCs
- The company is the gold standard for sustainable home goods and uses 100% organic cotton for soft, luxurious, and lasting home textiles
- Coyuchi guarantees the highest environmental and ethical standards through certifications such as The Global Organic Textile Standard (“GOTS”), Fair Trade Certified, and MADE SAFE(R)
- Funds raised so far have helped open a second retail location this past month at Palo Alto Town & Country Village
After announcing its first public offering under Regulation A+ (Reg A+) authorization in August, Coyuchi is pleased to announce that it has now reached its first $1 million in capital raising. Under Reg A+, Coyuchi gains exemption from registration for public offerings under two available tiers: Tier 1, for offerings of up to $20 million in 12 months; and Tier 2, for offerings of up to $75 million in 12 months (https://nnw.fm/2KBVI). Both tiers are subject to basic requirements, including company eligibility, bad actor disqualification provisions, disclosure, and other matters – which Coyuchi has met for its authorization for public offering under Reg A+. Funds raised so far have helped open a second retail location this past month at Palo Alto Town & Country Village.
For the unique investment opportunity, Coyuchi has engaged Manhattan Street Capital – with share prices starting at $4.50 and a minimum investment of $450. By investing through the Reg A+ authorization, potential investors gain access to shares in Coyuchi – an opportunity previously reserved for only the wealthiest 2%. The company’s offering circular contains important information and disclosures, including financial statements and risk factors for potential investors (https://nnw.fm/jTfKI).
Coyuchi is an organic luxury bed, bath, and apparel company founded on the idea of creating soft, luxurious, and lasting home textiles using only 100% organic cotton. The company is the gold standard in sustainable luxury home goods for the environmentally conscious homeowner, offering timeless, coastal-inspired aesthetics. Over the last two years, Coyuchi has seen its net income soar, with notable highlights that include:
- $33.3 million in net sales during 2021
- 26% year-over-year net sales growth, five times above the industry average of 5%
- 200,000 active customers (with more than 100% growth between 2019 and 2021) at a 35% repeat purchase rate
Coyuchi’s research has shown that 74% of consumers are willing to pay more for sustainable products, emphasizing the millennial customer base which favors ethical consumption over price when purchasing goods and services. About 83% of millennials desire that the brands they purchase from align with their beliefs and values (https://nnw.fm/z4xJs). For over 30 years, Coyuchi has explored organic farming and sustainable textiles, guaranteeing the highest environmental and ethical standards through certifications such as The Global Organic Textile Standard (“GOTS”), Fair Trade Certified, and MADE SAFE(R).
When announcing the Reg A+ authorization, Eileen Mockus, CEO and President at Coyuchi, said smart investing means investing in companies that not only drive financial performance but also focus on positive environmental and social impacts in the communities they serve. “Everyone should have access to this type of investment, which is why we’re excited to launch this Regulation A+ offering. With this public investment, we see an incredible chance to provide greater access to living sustainably for a healthier population and world,” Mockus added (https://nnw.fm/o2Jtz).
Coyuchi believes in the democratization of finance and wants its customers, partners, and supporters to share a common interest in the company’s mission and to have first access to invest alongside VCs. By investing in Coyuchi through its Reg A+ authorization, potential investors are aiding the growth of Coyuchi’s leadership in the market through the expansion of its marketing efforts and product categories, the continuation of its physical presence, and the implementation of B2B strategic partnerships with wholesalers and online marketplaces.
For more information, visit the company’s website at www.Coyuchi.com.
NOTE TO INVESTORS: The latest news and updates relating to Coyuchi are available in the company’s newsroom at https://nnw.fm/COYU
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