James Watt, the founder of BrewDog, has expressed his profound sorrow for investors left empty-handed and employees who lost their jobs following the craft brewer's acquisition by a US firm this week. Mr Watt stated he was "heartbroken" for those affected, adding there were "so many other things I would have done differently".
The takeover by Tilray Brands, valued at £33 million, resulted in the closure of 38 bars and the loss of 484 positions. Crucially, the deal meant that individuals who had invested in BrewDog through its popular "equity for punks" crowdfunding initiatives received no returns.
