The independent Scottish craft beer producer BrewDog has initiated a record £25m crowdfunding project.
With a minimum investment of £95 for two shares, the Aberdeenshire-based brewer is offering 526,316 shares, in a bid to expand capacity of its brewery and increase its chain of bars in the UK and abroad.
BrewDog is offering the shares though its own "Equity for Punks" platform.
Its new project, accredited by the UKLA, will be five times bigger than its £4.25m fundraising in 2013.
BrewDog's co-founder James Watt was quoted by FT as saying: "We are not the Rockefellers. We are Guy Fawkes. This is about changing small business finance for ever.
"By making profit king, the financial institutions of the City gave rise to the bastardisation and commoditisation of beer. We are burning the established system down to the ground and forging a new future for business from the flames."
BrewDog was launched in 2007 with secondhand equipment and now has more than 360 staff members. The company exports its beers to 55 countries.
