Beyond Meat Inc., the other maker of analogue meats, is in final preparations for an initial public offering of stock, hoping to raise as much as $184 million as it joins Nasdaq Global Market under the symbol BYND.
Several media were reporting the company plans to sell 8.75 million shares for $19-21 each, according to a filing April 22 with the Securities and Exchange Commission. A listing at the top of that range would give the company a market value of about $1.2 billion based on the shares to be outstanding after the offer, according Bloomberg News, which cited the filing.
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