BrewDog chief executive James Taylor says the firm remains "fully committed" to its Equity Punk community as it explores a potential sale.
In a statement posted on an online forum for Equity for Punks investors, Mr Taylor said it remains "business as usual" across its bars, venues and breweries, including its headquarters in Ellon.
“We remain fully committed to our customers, our crew, our partners - and to you, our Equity Punk community," he said.
“Your continued support is a fundamental part of Brewdog's journey, and we will keep you updated as the process progresses.”
The comments come as the BBC reports the case of Richard Fisher, 58, a former small business adviser from Suffolk, who invested £12,000 in BrewDog shares through the company’s Equity for Punks scheme.
"I genuinely thought Brewdog would go public, be listed on the stock market with the freedom to buy and sell shares and there was potential to make a bit of profit," he said.
However, with BrewDog now preparing itself to be sold, he said he is resigned to the risk of losing his investment.
Equity for Punks raised an estimated £75million between 2009 and 2021 and attracted more than 200,000 investors, many of whom invested smaller sums.
There is no suggestion the firm has done anything illegal. Application forms for Equity for Punks told investors to check they had read the prospectus which outlined the risk factors, as well as the detailed terms and conditions.