The Bear Cave

Share this post
Problems at Corporate Charities
thebearcave.substack.com

Problems at Corporate Charities

Tickers: EXFY, RIVN, PATH, BRZE, FRSH, XMTR, BROS, WRBY, and APTM

Edwin Dorsey
Apr 21
6
Share this post
Problems at Corporate Charities
thebearcave.substack.com

Dozens of unprofitable IPOs are donating investor dollars to charities, often those affiliated with the founders. The Bear Cave has used the SEC’s Full-Text Search tool to conduct a review of every company that uses “donate” in its S-1 and has a substantive policy of donating investor IPO proceeds to charity. The findings are concerning.

For example, Exp…

This post is for paid subscribers

Already a paid subscriber? Sign in
© 2022 Edwin Dorsey
Privacy ∙ Terms ∙ Collection notice
Publish on Substack Get the app
Substack is the home for great writing