Wahiwater to Present at LD Micro Event , June 8th, 10:30 AM Pacific

Minneapolis, Minnesota--(Newsfile Corp. - May 24, 2023) - Wahiwater is pleased to announce the President of the company, Mr. Peter Blankenship, will be presenting to investors at the LD Micro Invitational XIII. Wahiwater will be presenting to conference attendees at 10:30 AM on June 8. Investors attending the event who are interested in a one-on-one meeting with management are asked to use the event booking portal while all those who are unable to attend can book a meeting to learn more by clicking THIS LINK.

Wahiwater is currently raising $4mm in order to fund geographic expansion and build inventory to service regional and national customers including Target, HyVee, Life Time Fitness and CVS. Meeting the demand of these customers alone is expected to increase revenues >300% by year end.

"This shift represents the transition from the market testing of Wahiwater products and into a sustained push towards full national rollout of our unique functional beverages. We have been successful in 100% of our line reviews to date and our products are ranked 4th, 5th, 11th, and 13th in weekly sales against our 66 competitors, which include Gatorade, VitaminWater, and Hint." said company CEO, Mr. Geoff Murphy.

Wahiwater will also be centralizing their bottling/packaging to a larger, Ohio-based co-packer. This move will reduce shipping costs substantially while achieving greater economies of scale so is expected to widen margins to >60%.

"Moving to our new co-packer will reduce supply chain risks as well as sharply cutting our Cost of Goods Sold. By pushing margins to the mid 60s, we will be ~20% above the industry sweet spot, making us a prime target for a strategic acquirer, or one of the other majors to take out once we near the $100mm annual revenue mark. I'm excited to meet with investors and share our exciting growth story." said company President, Mr. Peter Blankenship.

Pinnacle to Sea Partners is helping Wahiwater to meet interested investors and complete their capital raise. Principal of Pinnacle to Sea Partners, Mr. Matt Sellers said "I am pleased to have the chance to work with the dynamic team at Wahiwater. We have introduced Wahiwater to a tier 1 global bank which is currently working on their financial due diligence. Bringing such a strong growth story to interested investors has made me confident that they will be successful in raising their capital well before the end of summer. With a tier 1 global bank, and associated tier 1 global investment bank behind Wahiwater, I think investors have many reasons to be optimistic about this opportunity."

About Wahiwater

Founded in 2019 and launched in 2020 by brothers Peter and Sam Blankenship, Wahiwater produces premium, sugar-free water products containing a delicious blend of pharmaceutical grade minerals and plant extracts to maximize specific functional health benefits. They have five unique blends, each with their own all-natural fruit flavoring.

In 2020 Wahiwater brought an incredible CEO on board. Mr. Geoff Murphy has over 35 years experience running divisions of General Mills as well as over 15 years as CEO of Old Home Foods. At all times in his career, Geoff has run various small businesses of his own, and so has a deep understanding of rolling out new products in the context of a corporate giant like General Mills as well as managing the many constraints and opportunities that come with a small business / startup.

Media Contact:
Matt Sellers
Email: Matt@P2CPartners.com
Phone: 825-561-6282

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/167256