Level Brands Announces Its Initial Public Offering Is Now Qualified And Accepting Investments, In Advance Of Proposed NYSE American Exchange Listing

CHARLOTTE, N.C., Oct. 30, 2017 /PRNewswire/ -- Level Brands, Inc., an innovative marketing and licensing company that provides bold, unconventional and socially responsible branding for leading businesses, today announces its upcoming $12 million Regulation A+ initial public offering on Form 1-A filed with the Securities and Exchange Commission (SEC) has been qualified and investors may now indicate interest at www.banq.co/listings/lb. The company is offering up to 2,000,000 shares at $6.00 per share. Level Brands has applied to list its common stock on the NYSE American under the ticker symbol "LEVB." The offering is expected to close in mid-November.

Joseph Gunnar & Co., LLC is acting as the sole book-running manager. TriPoint Global Equities, LLC, working with its online division BANQ^® (www.banq.co), is acting as co-manager for the offering. The company intends to use the proceeds from the offering for brand development and expansion, sales and marketing, and for general corporate purposes. 

For information on Level Brands Inc., the offering and any other related topics, please review the Form 1-A offering circular that can be found at the following location: https://www.sec.gov/Archives/edgar/data/1644903/000165495417009735/0001654954-17-009735-index.htm.

About Level Brands, Inc.

Level Brands creates bold, unconventional and socially responsible branding for leading businesses. With a focus on corporate brand management and consumer products marketing art, beauty, fashion, health & wellness including the beverage space, entertainment, and real estate. Licensed brand marketing is at the core of the Level Brand businesses: Ireland Men One or I'M1, for millennial men and the women who love them; Encore Endeavor One or EE1, corporate brand management and producer of experiential entertainment events and products across multiple platforms; Beauty & Pin-Ups, Level Brands' hair care and disruptive women's products brand; and kathy ireland® Health & Wellness.

Forward-Looking Statements

This press release may include ''forward-looking statements.'' To the extent that the information presented in this press release discusses financial projections, information, or expectations about our business plans, results of operations, products or markets, or otherwise makes statements about future events, such statements are forward-looking. Such forward-looking statements can be identified by the use of words such as ''should,'' ''may,'' ''intends,'' ''anticipates,'' ''believes,'' ''estimates,'' ''projects,'' ''forecasts,'' ''expects,'' ''plans,'' and ''proposes.'' Although we believe that the expectations reflected in these forward-looking statements are based on reasonable assumptions, there are a number of risks and uncertainties that could cause actual results to differ materially from such forward-looking statements. You are urged to carefully review and consider any cautionary statements and other disclosures, including the statements made under the heading "Risk Factors" and elsewhere in the offering statement that we have filed with the SEC. Forward-looking statements speak only as of the date of the document in which they are contained, and Level Brands does not undertake any duty to update any forward-looking statements except as may be required by law.

Legal Disclaimer

This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

The offering will be made only by means of an offering circular. An offering statement on Form 1-A relating to these securities has been filed with the U.S. Securities and Exchange Commission and has become qualified.   The securities offered by Level Brands, Inc. are highly speculative. Investing in shares of Level Brands, Inc. involves significant risks. The investment is suitable only for persons who can afford to lose their entire investment. Furthermore, investors must understand that such investment could be illiquid for an indefinite period of time. No public market currently exists for the securities, and if a public market develops following the offering, it may not continue. Level Brands, Inc. intends to list its securities on a national exchange and doing so entails significant ongoing corporate obligations including but not limited to disclosure, filing and notification requirements, as well compliance with applicable continued quantitative and qualitative listing standards. 

For additional information on Level Brands, Inc., the offering and any other related topics, please review the Form 1-A offering circular that can be found at the following location: https://www.sec.gov/Archives/edgar/data/1644903/000165495417009735/0001654954-17-009735-index.htm.

SOURCE Level Brands, Inc.