Disclosure NewswireTMiCrowdNewswire - Aug 16, 2016
August 15, 2016
Press Release – FOR IMMEDIATE RELEASE
President & Chief Executive Officer
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DV8 Sports launches $3.5 million offering for private investors
DV8 Sports and EPEC – Golf without obstacles, a game-changing full set of golf clubs in a liberating, life styled backpack, and an upgradeable junior golf solution that eliminates the need for costly new clubs each time a child grows a few inches.
Atlanta, GA, August 4, 2016 – Sepia Products, LLC dba DV8 Sports announced its $3.5 million Regulation D 506(c) private offering today to accredited investors throughout the USA.
DV8 has engaged VeteranCrowd to serve as exclusive financial advisor during this offering. The securities are being offered through WealthForge Securities, LLC Member FINRA/SIPC.
DV8 Sports is a golf equipment company dedicated to golf’s next generation of millennial and junior golfers. By way of innovative products and forward-thinking solutions for both adults and kids, DV8 is building brands to reflect the attitudes and aspirations of these younger players. With golf in the midst of a generational change, DV8 Sports is at the forefront of this movement; from new forms of the games we call “golf” to where they are played and the equipment players use, every aspect of this 300 year-old activity is being challenged. Many traditional manufacturers see these changes as disruptive whereas DV8 Sports has the products, the vision and the experience to turn this disruption into opportunity.
Point in fact—as reported recently, one of the world’s most respected sporting goods brands announced it is exiting golf equipment. While some assume this exit to be a reflection of the woes of the golf industry in general, a different view is the brand was simply unsuccessful at connecting with either of golf’s major demographics—older affluent golfers who prefer more traditional brands or millennials and juniors who happen to make up nearly 50% of all participants. None of golf’s major brands are focusing on these younger players which is exactly why DV8 will. To that end, funds from this raise will fuel marketing and branding, new product development and inventory purchases for both DV8 and EPEC product lines specifically focused on younger players.
One of the first uses of proceeds from this private offering will be a direct response (DR) advertising campaign on NBC/Golf Channel that will begin airing this fall. Headlined by famed PGA Tour instructor Rick Smith, a DV8 Sports ambassador, the campaign will promote the EPEC Upgradeable Junior Golf Set, the industry’s first and only upgradeable junior product. With real kids urging parents and grandparents to “DO THE MATH”, the spots will illustrate the demonstrable financial benefits of an upgradeable product as compared to parents being forced to buy entirely new sets of clubs every 12 to 18 months as kids grow. EPEC promises to save parents as much as 50-60% compared to other premium fit by height brands. Not only with the EPEC DR campaign get the company’s innovative equipment into the hands of thousands of kids, it will dramatically increase awareness of the brand and make EPEC a household name in golf.
EPEC products are distributed at a growing number of retailers such as Worldwide Golf, Golf Town (Canada) and PGA Tour Superstores, online, and through golf shops and country clubs nationwide. Go to www.epecgolf.com to see participating golf shops.
VeteranCrowd, LLC is an online platform facilitating private placements for veteran led businesses. VeteranCrowd believes military veteran leadership is the raw material driving results within these companies. Securities are offered through WealthForge Securities, LLC Member FINRA/SIPC.