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Director and 10% Owner Hafer Evan of BRC Inc. (NASDAQ:BRCC) acquired 80,000 shares of Class A Common Stock on July 18, 2025, at $1.25 per share. The purchase comes as BRCC shares have declined 70% over the past year, though InvestingPro analysis suggests the stock is currently undervalued. The company, with a market capitalization of $428 million, has seen its stock recover recently with a strong return over the past month.
The total value of the purchase amounted to $100,000. Following this transaction, Hafer Evan directly owns 80,000 shares of BRC Inc. While the company is not currently profitable, InvestingPro data shows it maintains healthy liquidity with current assets exceeding short-term obligations. Investors seeking deeper insights can access the comprehensive Pro Research Report, available exclusively to InvestingPro subscribers.
In other recent news, BRC Inc. has announced a significant equity raise of $40.25 million, which includes a $35 million base and a 15% potential overallotment. This move is aimed at supporting the launch of its energy drink line and other corporate purposes. The company pre-announced its second-quarter 2025 guidance, with revenue and EBITDA figures meeting or exceeding consensus expectations, and gross margin guidance aligning with previous expectations. Additionally, BRC Inc. has reaffirmed its annual financial guidance for the fiscal year ending December 31, 2025, indicating no changes from previous projections.
The company has commenced a follow-on public offering of 28 million shares of Class A common stock at $1.25 per share, with expected gross proceeds of $35 million. Telsey Advisory Group maintained its Outperform rating on BRC Inc., emphasizing the prudence of raising equity capital amidst an uncertain consumer spending environment. In a leadership update, BRC Inc. has appointed Matthew Amigh as the new Chief Financial Officer, bringing over 25 years of financial and operational experience to the role. Amigh’s background includes executive roles at various companies, where he led financial turnarounds and strategic growth initiatives.
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