Riot Foods hopes crowdfunding market will warm to offer of non-voting shares

Mon, 05 Feb 2018

By Jonathan Underhill Feb. 5 (BusinessDesk) - Riot Foods, which markets nut butters, breakfast mixes, protein powders and biltong, is a third of the way to its target of raising $600,000 on PledgeMe with four days to run on its crowdfunded share sale. Chief executive Ryan Kamins said his company is hoping to tap into the same vein of crowdfunding popularity that craft brewer ParrotDog and Zeffer Cider Co enjoyed with an offer of non-voting "investor shares" for investors who put in up to $149,999. Investments of $150,000 or more are entit...

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