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BRC Settles Lawsuit with Alta Partners

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BRC Settles Lawsuit with Alta Partners

Confident Investing Starts Here:

BRC ( (BRCC) ) has issued an update.

On June 20, 2025, BRC Inc. entered into a settlement agreement with Alta Partners, LLC, resolving a lawsuit filed by Alta. The lawsuit, which was filed in the Southern District of New York, alleged breach of contract and sought damages due to BRC’s refusal to allow Alta to exercise warrants in 2022. As part of the settlement, Alta will pay BRC $1,000,000, and BRC will issue 2,300,100 shares of its Class A common stock to Alta.

The most recent analyst rating on (BRCC) stock is a Hold with a $4.00 price target. To see the full list of analyst forecasts on BRC stock, see the BRCC Stock Forecast page.

Spark’s Take on BRCC Stock

According to Spark, TipRanks’ AI Analyst, BRCC is a Neutral.

The overall score reflects significant financial instability and weak technical indicators, with a slight positive from corporate governance improvements. The company’s high leverage, negative profitability, and bearish market momentum are the primary concerns.

To see Spark’s full report on BRCC stock, click here.

More about BRC

Average Trading Volume: 667,926

Technical Sentiment Signal: Sell

Current Market Cap: $304.9M

Learn more about BRCC stock on TipRanks’ Stock Analysis page.

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