Hello all future investors,

As we described in our last update, Anchor SF Cooperative is no longer pursuing a bid as a standalone buyer due to the competing bid amounts from other interested parties. Since then we have been creating relationships with the other bidders; proposing many ways that our expertise could be used in the future of Anchor Brewing Company.

Unfortunately, the bid results have not been publicized due to unforeseen delays by the Assignee which no party could control. We and others are waiting to see what the next steps are moving forward and will update our investors and community as soon as possible. As mentioned before, we are trying to partner with whoever claims the bid, but until more progress is made we are waiting for results. There might be some changes, but we won’t know until these results are publicized, and until then we are asking for you all to be patient as we navigate together.

We wanted to be transparent and forthcoming with everyone who believes in our cause enough to invest in our efforts. Thank you all for your continued support.

If you would like not to continue to hold your reservation you can cancel here and remove any funds from your account here

In Solidarity,

Anchor SF Cooperative Team