Aegis Capital Corp. Acted as Exclusive Placement Agent on a $3.0 Million Private Placement for Bruush Oral Care Inc. (NASDAQ:BRSH)

Rhea-AI Summary

Aegis Capital Corp. has successfully acted as the Exclusive Placement Agent for a $3.0 Million Private Placement for Bruush Oral Care Inc. (NASDAQ: BRSH), emphasizing the company's plans for growth and innovation in the oral care industry.

Founded in 2018, Bruush aims to enhance access to premium oral care products, featuring a competitive electric toothbrush and a subscription service for brush head refills. Looking ahead, Bruush plans to introduce new subscription-based products in 2023, targeting millennials and Generation Z consumers.

Positive

• Raised $3.0 million through a private placement, enhancing capital for future expansion.
• Plans to launch several new subscription-based oral care products, indicating growth potential.
• Targeting millennials and Generation Z, a significant market segment for consumer products.

Negative

• None.

NEW YORK, NY / ACCESSWIRE / December 9, 2022 / Aegis Capital Corp. acted as Exclusive Placement Agent on a $3.0 Million Private Placement for Bruush Oral Care Inc. (NASDAQ:BRSH).

About for Bruush Oral Care Inc.

Bruush Oral Care Inc. is on a mission to inspire confidence through brighter smiles and better oral health. Founded in 2018, they are an oral care company that is disrupting the space by reducing the barriers between consumers and access to premium oral care products. They are an e-commerce business with a product portfolio that currently consists of a sonic-powered electric toothbrush kit and brush head refills. They developed the product to make upgrading to an electric brush appealing with three core priorities in mind: (i) a high-quality electric toothbrush at a more affordable price than a comparable electric toothbrush from the competition; (ii) a sleek, countertop-friendly design; and (iii) a convenient brush head refill subscription program that eliminates the frustrating experience of purchasing replacement brush heads at the grocery/drug store. Next year, they plan to expand portfolio with the launch of several new subscription-based consumable oral care products, including toothpaste, mouthwash, dental floss, a whitening pen, as well as an electric toothbrush designed for kids. They are rooted in building a brand that creates relevant experiences and content, with the goal of becoming the go-to oral care brand for millennials and Generation Z.

For more information, please visit the Company's website: https://www.bruush.com

About Aegis Capital Corporation

Aegis Capital Corporation ("Aegis") has been in the wealth management and investment banking business since 1984. Aegis is dedicated to providing corporate finance, strategic advisory and related services to public and private companies across multiple sectors and regions. Aegis also provides research and sales and trading services to institutional investors. Aegis offers its investment representatives a conflict free service platform and is able to provide a full-range of products and services including investment banking, wealth management, insurance, retirement planning, structured products, private equity, alternatives, equity research, fixed income and special purpose vehicles.

For more information about this offering or Investment Banking Services please email Banking@aegiscap.com or call (212) 813-1010.

www.aegiscapcorp.com

Brokerage and investment advisory services are offered through Aegis Capital Corporation, a member of FINRA and SIPC. Investment and insurance products offered are not insured by the FDIC or any other federal government agency, are not deposits or other obligations of, or guaranteed by, a bank or any bank affiliate, and are subject to investment risks, including possible loss of the principal amount invested.

SOURCE: Aegis Capital Corp.

View source version on accesswire.com:
https://www.accesswire.com/731342/Aegis-Capital-Corp-Acted-as-Exclusive-Placement-Agent-on-a-30-Million-Private-Placement-for-Bruush-Oral-Care-Inc-NASDAQBRSH

FAQ

What is the recent private placement for Bruush Oral Care Inc.?

Bruush Oral Care Inc. raised $3.0 million through a private placement facilitated by Aegis Capital Corp.

What are Bruush Oral Care's plans for 2023?

Bruush plans to expand its product portfolio with new subscription-based oral care items, including toothpaste, mouthwash, and dental floss.

Who acted as the placement agent for Bruush's private placement?

Aegis Capital Corp. acted as the Exclusive Placement Agent for the $3.0 million private placement.

What market does Bruush Oral Care Inc. target?

Bruush targets millennials and Generation Z consumers with its innovative oral care products.