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FOOD & BEVERAGES | Non-alcoholic beverages
bigswigwater.com

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Founded Year

2018

Stage

Acquired | Acquired

Total Raised

$1M

About Big Swig

Big Swig offers sparkling water in different flavors with zero sugar, caffeine, or sweetener.On September 20th, 2021, Big Swig was acquired by YOOMA. Terms of the transaction were not disclosed.

Big Swig Headquarter Location

500 San Marcos Street Suite 200

Austin, Texas, 78702,

United States

512-377-9548

Latest Big Swig News

Yooma Wellness completes Big Swig acquisition

Oct 1, 2021

The deal was carried out via a merger between Big Swig and Yooma Acquisition II Inc., a wholly-owned subsidiary of the wellness group. Big Swig is now a wholly-owned subsidiary of Yooma and its former shareholders exchanged their shares for common shares of Yooma. Big Swig was valued at US$2.5mln, less liabilities and a final working capital adjustment on closing totalling US$1.3mln. This included US$375,000 owing to Yooma for funds advanced ahead of the transaction. Yooma issued 1.4mln shares at US$0.795 each to satisfy the payment. Yooma also announced on Friday it issued 22,815 common shares at a price of CAD$0.85 each to a former board member to pay for outstanding retainer fees for services provided earlier in the year. It also issued 298,911 common shares at a deemed price of CAD$0.738 per share to its chairman, Lorne Abony, to pay outstanding fees for services provided in 2020 to the company under a consulting agreement Quick facts: Yooma Wellness Inc Follow

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Expert Collections containing Big Swig

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Big Swig is included in 1 Expert Collection, including Food & Beverage .

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