Gabar

First POC-centered fragrance brand for a new, inclusive generation of fragrance buyers

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Security Type
CAFES
Categories
Retail, Social Impact, Fashion & Accessories
Min Investment
$100
Location
New York, NY
Expected Close Date
April 30, 2023
Target Raise
$50.00K-$60.00K
No. Investors
23
Security Price
$1
Number of Employees
2
Cash
$692
Revenue
$20,818
Short Term Debt
$60,891
Cost of Goods
$10,849
Long Term Debt
$0
Net Income
$-86,473

Key Deal Facts

Support POC, especially South East Asian, representation in the global fragrance market
Support Myanmar's fight for freedom (10% of profits go to restoration of Myanmar)
Push for tenets of mindful and conscious living across a new generation of leaders and changemakers

Management Team / Advisory Board Bios

Phway Aye CEO, Creative DirectorFounding a company through COVID and the Myanmar coup, Su Zar Wai Hnin COO, Global DirectorFounding a company through COVID and the Myanmar coup
Amount Raised : $50,250
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Security Description

A CAFES (Contract and Future Equity Stake) can convert into different types of equity upon a Triggering Event, such as: common or preferred stock for a corporation, limited partnership interest for a limited partnership and membership interest for a limited liability company. At the time of the Triggering Event, the specific rights and limitations associated with the equity stake being issued to the investors will be determined and disclosed by the Entrepreneur.

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