WOWSERS: Let's Talk Meat!!! Beyond Meat looks t
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Posted On: 04/22/2019 10:00:30 PM
WOWSERS: Let's Talk Meat!!!
Beyond Meat looks to raise $183.8 million in its IPO
KEY POINTS
Beyond Meat expects its initial public offering to price between $19 and $21 per share.
The company reported revenue of $87.9 million and a net loss of $29.9 million in 2018.
Beyond plans to list on the Nasdaq with the ticker BYND.
H/O: Beyond Meat
Beyond Meat plant-based burger patties.
Source: Beyond Meat
Beyond Meat said Monday it expects its initial public offering to price between $19 and $21 per share, giving the company a market value as high as $1.21 billion.
According to its latest filing with the Securities and Exchange Commission, the El Segundo, California-based company plans to raise $183.8 million through the IPO. Beyond, which manufactures plant-based meat substitutes, plans to list on the Nasdaq Global Market with the ticker BYND.
The company, which filed the paperwork for an IPO at the end of March, plans to use the proceeds from going public to invest in current and additional manufacturing facilities, research and development, and sales and marketing. It also plans to use the proceeds for working capital and general corporate purposes.
https://www.cnbc.com/2019/04/22/beyond-meat-l...s-ipo.html
Beyond Meat looks to raise $183.8 million in its IPO
KEY POINTS
Beyond Meat expects its initial public offering to price between $19 and $21 per share.
The company reported revenue of $87.9 million and a net loss of $29.9 million in 2018.
Beyond plans to list on the Nasdaq with the ticker BYND.
H/O: Beyond Meat
Beyond Meat plant-based burger patties.
Source: Beyond Meat
Beyond Meat said Monday it expects its initial public offering to price between $19 and $21 per share, giving the company a market value as high as $1.21 billion.
According to its latest filing with the Securities and Exchange Commission, the El Segundo, California-based company plans to raise $183.8 million through the IPO. Beyond, which manufactures plant-based meat substitutes, plans to list on the Nasdaq Global Market with the ticker BYND.
The company, which filed the paperwork for an IPO at the end of March, plans to use the proceeds from going public to invest in current and additional manufacturing facilities, research and development, and sales and marketing. It also plans to use the proceeds for working capital and general corporate purposes.
https://www.cnbc.com/2019/04/22/beyond-meat-l...s-ipo.html
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