Flow Beverage Corp. (TSX: FLOW), a premium alkaline spring water company with a diversified line of health and wellness-oriented beverage products, has closed a brokered private placement of 36.3 million subscription receipt units for gross proceeds of approximately CA$60 million. Flow, on June 29, 2021, completed its previously announced reverse takeover transaction by way of a three-cornered amalgamation with RG One Corp. and Flow Water Inc. On July 14, 2021, Flow shares began trading on the TSX under the trading symbol FLOW. Roth Capital Partners acted as placement agent for the offering.
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About Flow Beverage Corp.
Flow Beverage Corp. (“Flow Alkaline Spring Water(TM)” or “Flow(R)”) is a premium alkaline spring water company with a diversified line of wellness-oriented beverage products sold online and at retailers throughout North America. Flow’s premium alkaline spring water is offered in original unflavored and a range of award-winning organic flavors, in sizes ranging from 330-ml to 1-liter, and in 6, 12 and 24 pack formats. Due to its unique artesian spring sources, Flow products contain naturally occurring electrolytes and essential minerals, and its original and flavored water products have an alkaline pH at the source. As part of its ongoing innovation into wellness beverages, Flow recently introduced new lines of collagen-infused waters with natural flavors and vitamin-infused waters with certified organic flavors. For more information, please visit www.Flowhydration.com.
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