Beyond Meat prices upsized IPO at $25, the high end of the revised range
Beyond Meat, which makes plant-based meat products for groceries and restaurants, raised $241 million by offering 9.6 million shares at $25, the high end of the upwardly revised range of $23 to $25.
The company had originally filed to offer 8.75 million shares at a range of $19 to $21.
Beyond Meat plans to list on the Nasdaq under the symbol BYND. Goldman Sachs, J.P. Morgan and Credit Suisse acted as lead managers on the deal.
The article Beyond Meat prices upsized IPO at $25, the high end of the revised range originally appeared on IPO investment manager Renaissance Capital's web site renaissancecapital.com.
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