Suja Life, a producer of branded cold-pressed juices and other soft drinks, raised $187 million by offering 8.9 million shares (2% secondary) at $21, the low end of the $21 to $24 range.
Suja Life is a beverage platform focused on functional and health-oriented drinks. Through its Suja Organic, Vive Organic, and Slice brands, the company sells cold-pressed juices, wellness shots, and functional sodas designed for different daily consumption occasions. Its portfolio spans products positioned around nutrition, immunity support, and better-for-you refreshment, with distribution supported by a vertically integrated cold-pressed beverage manufacturing facility in North America.
The Oceanside, CA-based company will trade on the Nasdaq under the symbol SUJA. Goldman Sachs, Jefferies, William Blair, BofA Securities, and Evercore ISI acted as joint bookrunners on the deal.
