Sow Good Inc.
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $69.2M
- Price
- $3.19
- % Change (Daily % change from the live per-ticker quote feed.)
- -5.34%
- Volume
- 2.9K
About
Sow Good Inc. operates within the United States, specializing in the provision of various freeze-dried food items, including snacks, smoothies, soups, and granola. The company distributes its offerings through a dedicated direct-to-consumer online platform, as well as via business-to-business sales channels. Its product range is marketed under two distinct brands: Sow Good and Sustain Us. Established in 2010, the organization is headquartered in Irving, Texas. Notably, it underwent a corporate rebranding in January 2021, changing its name from the former Black Ridge Oil & Gas, Inc. to its current identity, Sow Good Inc.
Quick stats
Shares outstanding20.1M
Computed float15.1M
Float / shares75.1%
Cash runway (months)0.9
Key info
SectorConsumer Defensive
IndustryFood Confectioners
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0001490161
AI Summary
AI-generated1/5
standardbullishoffering
Sow Good Secures $20 Million Non-Convertible Private Placement Credit Facility to Fund Critical Minerals Strategy
Sow Good executed a term sheet for a $20 million non-convertible credit facility with Sagol Advisors to fund its transition into critical minerals.
The facility offers a 24-month term with interest at the greater of 10% per annum or WSJ Prime plus 3.25%, and funds can be drawn in tranches of at least $500,000.
This financing is intended to support the proposed acquisition of the Nachu Graphite Project, providing working capital while the company shifts its strategic focus.
Red flags
- High interest cost with a 10% floor
- Facility is not yet closed and subject to definitive documentation
- Proceeds depend on closing of the proposed Nachu acquisition