BrewDog founder James Watt says 10,000 people have signed up to his new beer brand as he prepares a comeback to the brewing industry with Second Best. 

The Aberdeenshire businessman unveiled plans for his new venture last week, pitching it as a fresh start for former BrewDog investors. 

Mr Watt said his new company will allow previous ‘Equity Punk’ investors the chance to reclaim shares for free after the brand collapsed into administration earlier this year. 

The Ellon-based company was revealed to have debts of more than £550million before being bought by US drink giant Tilray Brands. Following the collapse, investors were informed their shares in BrewDog had “no value”.

Mr Watt has now pledged to allocate up to 19.3% of Second Best to former shareholders, saying they will be able to “claim the exact stake” they once held "for free". 

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