Highest-materiality recent filing
Acquired Custom Bakehouse (Custom Foods) for $8M cash plus up to $2.5M earnout based on 2027 net revenue.
Starco Brands signs non-binding LOI to acquire contract manufacturer The Starco Group
Acquisition of TSG aims for vertical integration, creating Starco Manufacturing and Starco Brands subsidiaries.
Q3 2024 revenue $15.5M vs $17.7M YoY; gross margin 41.2% (sequential improvement from Q2).
Starco Brands CFO Kevin Zaccardi resigns; CEO Ross Sklar named acting Interim-CFO
Kevin Zaccardi resigned as Interim-CFO effective November 8, 2024, to pursue another opportunity.
Starco Brands enters $12.5M revolving credit facility, repays CEO's convertible note
Loan and Security Agreement with Gibraltar Business Capital provides up to $12.5M revolving line plus $1.5M overadvance.
FY2023 revenue $65.2M vs $7.8M prior year; Q4 revenue $18.9M vs $4.0M.
Starco Brands removes director, appoints new board; modifies Soylent earnout to 30-day VWAP
Director Demir Vangelov removed; new board: Ross Sklar, Darin Brown, Bharat Vasan effective March 18, 2024.
Starco Brands FY2023 preliminary revenue $70M, 10x YoY; FY2024 outlook $78-82M
FY2023 net revenue expected ~$70M, up ~10x YoY from ~$7M; Adjusted EBITDA ~$7M, up 160%.
Whipshots by Starco Brands hits 4M cans sold, 58K distribution points in 2023
4M cans sold since 2022 launch; monthly average >250K cans.
Starco Brands Board Approves 2023 Equity Incentive Plan with 100M Share Reserve
Plan adopted by Board on Nov 27, 2023; stockholder approval required.
Starco Brands Q3 revenue $17.7M, net income $2.3M; projects FY23 revenue $66-77M
Q3 reported net revenue $17.7M (up from $1.7M in Q3 2022); net income $2.3M vs loss of $150K.
Starco Brands files Soylent audited financials: revenue $48M, net income $1.6M in 2022
Soylent 2022 net revenue $48.0M, down 4% YoY from $50.0M; net income $1.64M, down 66% from $4.76M.
Starco Brands consolidates $4M CEO debt into single note, extends maturity to Dec 2024
Consolidated 6 prior promissory notes from CEO Ross Sklar into a single $4M secured note dated Aug 11, 2023.
Starco Brands files Skylar Body financials; acquired entity had $5.3M net loss, going concern doubt
Skylar Body's audited 2021 net loss $5.3M vs $4.2M in 2020; revenue grew to $8.8M from $6.6M.
Starco Brands guides FY23 revenue $66-77M, adjusted EBITDA $7-9M
FY23 net revenue guidance $66-77M vs FY22 $7.8M, +746-887% YoY.
Starco Brands acquires complete nutrition pioneer Soylent
Soylent will operate as a separate business unit under Starco Brands; CEO Demir Vangelov remains.
Starco Brands completes acquisition of Soylent Nutrition
Acquired Soylent Nutrition for up to 165,336,430 restricted shares of Class A common stock.
AOS had net loss of $3.99M in 2021 and $2.48M in 2020; accumulated deficit $14.88M as of Dec 31, 2021.
Starco Brands (STCB) to acquire clean beauty fragrance brand Skylar; terms not disclosed
Definitive agreement to acquire Skylar, a maker of hypoallergenic, vegan fragrances.
$2,000,000 secured promissory note issued to CEO Ross Sklar on Dec 29, 2022.
Starco Brands acquires Skylar Body; issues up to 96.6M shares as consideration
Acquired Skylar Body, Inc. via merger; immediate issuance of 65.7M restricted shares of STCB common stock.
Starco Brands issued 61.4M restricted shares upfront to AOS stockholders; up to 10M additional shares based on indemnification and sales milestones.
Starco Brands launches $45M Regulation A+ offering for public investment
SEC qualified Form 1-A; offering up to $45M in common stock via Regulation A+ Tier 2.
Starco Brands launches Whipshots vodka-infused whipped cream with Cardi B
Whipshots is a vodka-infused whipped cream at 10% Alc./Vol, available in vanilla, caramel, mocha flavors.
Starco Brands partners with RNDC to distribute Whipshots vodka-infused whipped cream nationwide
RNDC, a $11B distributor covering 38 markets, will handle Whipshots TM retail and hospitality distribution.
Starco Brands hires Anthony Scaramucci and Daniel Lubeck as Board Advisors; grants restricted stock
Each advisor receives restricted stock vesting over 24 months, less than 5% of outstanding common stock per advisor.
Whipshots LLC, majority-owned by Starco Brands, entered License Agreement with Washpoppin Inc. for Cardi B's intellectual property.
Starco Brands unit buys Whipshots/Whipshotz IP from Penguins Fly in revenue-sharing deal
Starco Brands' subsidiary Whipshots LLC acquires trademarks 'Whipshots'/'Whipshotz', domain names, social media from Penguins Fly, LLC.
Starco Brands directors resign; separation pacts include loan repayment, monthly pay, stock buybacks
Sanford Lang and Martin Goldrod resigned as directors effective June 16, 2021; Goldrod also resigned as Secretary.
Bharat Vasan notified the Board of Directors of Starco Brands, Inc. (the “Company”), that he resigns from the Board of Directors, effective April 27, 2026.
Mr. Kevin Zaccardi resigned as the Interim-Chief Financial Officer of Starco Brands, Inc. (the “Company”), effective November 8, 2024, to pursue another opportunity.
On November 8, 2024, the Board unanimously approved the appointment of Mr. Sklar, the Company’s current Chief Executive Officer and President, and member of the Board, to the position of Interim-Chief Financial Officer and Treasurer, effective November 8, 2024.
On July 12, 2024, in accordance with the Voting Agreement Amendment and the Bylaws, the Board appointed Joe Schimmelpfennig to the Board, bringing the number of Board members to four (4) directors, with three (3) remaining vacancies to be filled by the Board.
passed a resolution removing Demir Vangelov as a member of the Company’s Board and any committees of the Company
appointed a new Board consisting of Ross Sklar, Darin Brown, and Bharat Vasan
appointed a new Board consisting of Ross Sklar, Darin Brown, and Bharat Vasan
appointed a new Board consisting of Ross Sklar, Darin Brown, and Bharat Vasan
The following officer appointments for the Company are effective immediately and the officers shall hold such positions until their earlier resignation, removal or death, or until their successor is duly appointed and qualified. Ross Sklar Chief Executive Officer, President Darin Brown Chief Operating Officer, Secretary David Dreyer Chief Marketing Officer Kevin Zaccardi Interim-Chief Financial Officer, Treasurer
The following officer appointments for the Company are effective immediately and the officers shall hold such positions until their earlier resignation, removal or death, or until their successor is duly appointed and qualified. Ross Sklar Chief Executive Officer, President Darin Brown Chief Operating Officer, Secretary David Dreyer Chief Marketing Officer Kevin Zaccardi Interim-Chief Financial Officer, Treasurer
The following officer appointments for the Company are effective immediately and the officers shall hold such positions until their earlier resignation, removal or death, or until their successor is duly appointed and qualified. Ross Sklar Chief Executive Officer, President Darin Brown Chief Operating Officer, Secretary David Dreyer Chief Marketing Officer Kevin Zaccardi Interim-Chief Financial Officer, Treasurer
The following officer appointments for the Company are effective immediately and the officers shall hold such positions until their earlier resignation, removal or death, or until their successor is duly appointed and qualified. Ross Sklar Chief Executive Officer, President Darin Brown Chief Operating Officer, Secretary David Dreyer Chief Marketing Officer Kevin Zaccardi Interim-Chief Financial Officer, Treasurer
Max materiality 0.90 · Median 0.60 · Most common event other_material