Boston area brew-your-own beer and brewpub Hopsters lost its bid to prevent a court-appointed trustee from converting its Chapter 11 bankruptcy filing to Chapter 7 liquidation during a hearing Thursday in U.S. Bankruptcy Court in the District of Massachusetts.
Hopsters Brewing Company, Boston’s first and only custom craft brewery, restaurant and bar that allows you to brew your own beer, reopens it’s Seaport Boston location Thursday, July 16th, 2020.
Melvin Brewing restructures leadership team; Doug Campbell out as president and GM of Brewery Ommegang; Molson Coors taps Marcelo Pascoa as Coors Family VP of brand marketing; and more People Moves.
Massachusetts-based brew-it-yourself bar and restaurant Hopsters has once again turned to equity crowdfunding in an effort to help finance a planned $4 million expansion into Philadelphia. One year after securing $1.3 million from 713 investors via Wefunder, which enabled the company to open its Boston Seaport location, Hopsters is again looking to raise more than $1 million from unaccredited investors.
Small businesses can now raise a maximum of $1 million annually from non-accredited investors through Securities and Exchange Commission-approved third-party crowdfunding portals such as WeFunder. Two breweries have already maxed out their campaigns.