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Mr Lee's Pure Foods

Follow-on - Pre-emption

All noodles are not created equal. Award winning, No nasties. Real food. On-the-go healthy & delicious.

EIS

Location
GB Bournemouth, United Kingdom
www.mrleesnoodles.com/

Categories: Food & Beverage Mixed Digital/Non-Digital Mixed B2B/B2C

Investment
sought:
£2,969,136
Equity
offered:
10.38%
Funded 21 May 2019
Investment
amount:
£2,994,701
Valuation
(pre-money):
£25,624,960

Idea

Introduction

Mr Lee’s Pure Foods is now scaling up its business and building key global markets having completed its targeted funding of £3m in new growth equity capital in March via existing shareholders and, significantly, a new strategically valuable private food industry investor who has invested £2.5m in the round in equity and provided a further £1m credit line for growth working capital purposes. The round was placed at 6 7 pence per share reflecting significant value development from the last financing round at 19p.

The funding round is now open only to existing Seedrs investors in Mr Lee's Pure Foods to retrospectively take up their preemption rights. As this is a pre-emption campaign open only to existing investors, limited information is being provided at this time. You may request more information from the business, but please note that any such information has not been reviewed or verified by Seedrs.

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Investing carries risks, including loss of capital and illiquidity. Please read our Risk Warning before investing.

Investing involves risks, including loss of capital, illiquidity, lack of dividends and dilution, and should be done only as part of a diversified portfolio. Please read the Risk Warnings before investing. Investments should only be made by investors who understand these risks. Tax treatment depends on individual circumstances and is subject to change in future.

This webpage has been approved as a financial promotion by Seedrs Limited ("Seedrs"), which is authorised and regulated by the Financial Conduct Authority. It is not intended to be a promotion of any individual investment opportunity and is not an offer to the public. The summary information provided about investment opportunities on this webpage is intended solely to demonstrate the types of investments available on the Seedrs platform, and any investment decision should be made on the basis of the full campaign. Full campaigns are available to investors who have become authorised to invest on the Seedrs platform. All investment activities take place within the United Kingdom, and any person resident outside the United Kingdom should ensure that they are not subject to any local regulations before investing.

Seedrs does not make investment recommendations to you. No communications from Seedrs, through this website or any other medium, should be construed as an investment recommendation. Further, nothing on this website shall be considered an offer to sell, or a solicitation of an offer to buy, any security to any person in any jurisdiction to whom or in which such offer, solicitation or sale is unlawful. Seedrs does not provide legal, financial or tax advice of any kind. If you have any questions with respect to legal, financial or tax matters relevant to your interactions with Seedrs, you should consult a professional adviser.

This business is eligible for SEIS relief - providing qualifying investors with income tax relief of 50% of their investment and certain other tax reliefs. Tax treatment depends on individual circumstances and is subject to change in future. Click to learn more.
This business is eligible for EIS relief - providing qualifying investors with income tax relief of 30% of their investment and certain other tax reliefs. Tax treatment depends on individual circumstances and is subject to change in future. Click to learn more.