FAQ

Here are answers to most common questions. Can't find an answer? email us at shares@elegancevodka.com

INVESTING BASICS

OFFERING DETAILS

  • How many shares are being offered for sale in the company?

    We are offering up to 5,000,000 shares of our Non-Voting Common Stock in Elegance Spirits, Inc. for a total of up to $50,000,000.

  • When does the offering close?

    The offering will continue indefinitely until all of the offered shares are sold or the offering is terminated in the company’s sole discretion. We anticipate numerous closings to take place during the offering.

  • What does it mean that the Securities and Exchange Commission (SEC) has qualified this offering?

    "The SEC has qualified this offering" means the SEC has permitted Elegance Spirits, Inc. to offer for sale the securities (also referred to as shares, stock or common stock) described in the offering circular to the general public. The SEC is not judging the merits, accuracy, or completeness of the offering and information in the offering circular. Rather, the SEC is merely ensuring Elegance Spirits, Inc. has met federal legal disclosure and regulatory requirements necessary to make these shares available to you.

  • What is a subscription agreement?

    A subscription agreement is a legal contract between you and Elegance Spirits, Inc. to purchase shares issued by the company and is required for each investment you make. Each investment is a one-time event and no recurring payments will be withdrawn from you for that investment.

  • How many shares outstanding are there?

    Currently, there are 12,590,980 shares of voting common stock outstanding. We are offering 5,000,000 shares of non-voting common stock in this offering. The total stock to be outstanding after the offering will be 17,590,980 shares if we raise the maximum offering amount.

THE COMPANY

  • Is Elegance Vodka available in stores now?

    Although we commenced production around April 2018 with an initial production order, Elegance Vodka is not yet available for sale anywhere. We hope to establish our super-premium vodka in at least one top tier market in the US by the end of the year.

  • What is the price of a bottle of Elegance Vodka?

    We are anticipating selling each case of 750mL bottles for $299.00 (six bottles). The distributor price is expected to be around $420.00. Thereafter, retailers will most likely price the product at $99 per bottle.

    We also intend to produce a limited supply of 1,750 mL bottles and is anticipating selling each case of 1,750mL bottles for $753.00 (six bottles). The distributor price is expected to be around $1,061.00. Thereafter, retailers will most likely price the product at $249 per bottle.

    Both approaches would allow retailers to capture industry standard margins.

  • What is the go-to-market strategy and where will this be sold?

    We intend on marketing our vodka worldwide, however, the initial marketing thrust will be within the United States.

    By the end of the year, we hope to establish our super-premium vodka in at least one top tier market in the US.

    We initially intend to engage in strategic marketing relationships with influencers, celebrities, other luxury brands, selective high-end retailers, and nightlife locations. This, we believe, will assist with the growth and “buzz marketing” of the brand.

  • Where are you manufacturing and do you have a distributor?

    We have a manufacturing agreement in place with Australian Boutique Spirits Pty Ltd which is our Australian manufacturing partner for Elegance Vodka.

    We’re in the process of negotiating distribution contracts with established distributors as well as cultivating relationships with retailers, bars, and restaurants interested in carrying our super-premium vodka.

    We are also negotiating strategic partnerships with Southern Glazer’s Wine and Spirits for initial distribution throughout California, Florida, and Nevada. In addition, discussions are being held with several large distributors in Canada.

    Our CEO has strategic relationships with distributors Coca-Cola Amatil and Vanguarde in Australia and New Zealand. In the UK, he has strategic partnerships with Mangrove UK. We expect to bring these longstanding relationships to bear in relation to the distribution of our vodka in those jurisdictions in the near future.

  • Why should I invest?

    As global spirits consumption and per capita incomes rise, we believe there is an opportunity for a grain-free, super-premium spirit to disrupt the market. We intend to take advantage of not just domestic and international market growth, but also capture the increased margins in producing a premium spirit product. According to the US Distilled Spirits Council and Allied Market Research, it is anticipated that the sales of vodka overall will increase in the next five years.

POST OFFERING

  • What happens after I invest?

    Investment payments are processed by our Escrow Agent, Prime Trust. Prime Trust will be the name that appears on ACH and Credit Card statements.

    ACH and Credit Card transactions can take 1-2 business days to process. You will receive an email notification, from shares@elegancevodka.com, when your funds are received.

    Once funds are received, it can take up to 2 weeks to process your investment completely.

    Once your investment has been fully processed and confirmed, you will receive an Investment Confirmation email with your Signed Subscription Agreement and Ceremonial Certificate. You are officially an investor in Elegance Spirits only when you receive this email.

    If a couple of weeks pass by and you do not receive an Investor Confirmation email with your Signed Subscription Agreement and Ceremonial Certificate, please email us at shares@elegancevodka.com. We may still require additional information from you in order to process your investment fully. We recommend you check your spam folder first for any email communications!

    In some instances, we may reach out to you requesting additional information in order to finish processing your investment, which may increase the overall amount of time it takes to process your investment completely.

  • Is there a market for selling or trading my shares?

    We are not currently listed on any trading market or stock exchange, and our ability to list our stock in the future is uncertain. Investors should not assume that the offered shares will be listed. A public trading market for the shares may not develop.

  • Will the company become listed on a stock exchange in the future?

    We do intend to eventually list on an exchange such as the NASDAQ or OTCQB. However, the OTCQB can be highly illiquid. There is no guarantee we will ever be able to list our securities. Investors should view an investment in our stock as a long-term investment.

  • Will my investment pay dividends?

    We have no intention to pay cash dividends on our common stock for the foreseeable future. We currently expect to retain future earnings, if any, to finance the growth and development of our business and do not anticipate paying any cash dividends for the foreseeable future. Therefore, you possibly will not receive any return on an investment in our common stock unless you sell your common stock for a price greater than which you paid for it.

  • What will capital raised through this offering be used for?

    Management of the company has wide latitude and discretion in the use of proceeds from this offering, including but not limited to marketing, production and working capital. Please read the ‘Use of Proceeds to the Company’ section in our offering curricular for more details on our plans for the future.

  • What is the projected return on investment?

    This is an early-stage investment opportunity in a new vodka and spirits company, and there is no guaranteed return. The value of your shares will increase or decrease along with the value of the company.

  • Can I sell my shares in the future?

    Yes, you can sell your shares to private parties. There is no lock-up period for the shares you are purchasing in this offering.

  • What happens if I do not have a brokerage account?

    If you do not have a brokerage account, you can open one with online brokerages such as TD Ameritrade or E-Trade. You do not need a brokerage account to buy shares, but you will need one if you want to trade them.

  • How do I contact the company?

    For any questions about our offering, please email us at shares@elegancevodka.com. You can also message us on the site.

  • Can I get a bottle?

    For investors who invest $1,000 or more, we are excited to send you a free bottle of Elegance Vodka so you can taste the product, enjoy the packaging and feel the bottle directly in your hands.


  • In order to invest, please follow these steps:
    1. Navigate to https://investinelegance.com/invest/
    2. Complete the investor registration forms
    3. Read the Subscription Agreement, Customer Agreement and ACH Agreement (if paying via ACH)
    4. Type your full legal name to sign the Subscription Agreement
    5. Click “Complete Your Investment”
    6. Welcome to the Elegance Vodka investor community!

    Please, make sure to read the offering circular (here) and the Annual Report (here), which details all the terms of this offering, before making an investment

Questions? Check out our Frequently Asked Question section or our Investor Presentation.

FAQ Investor Presentation