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The Vita Coco Company Priced, Nasdaq: COCO

Makes Vita Coco coconut water and other ready-to-drink beverages.

Industry: Consumer Staples

Latest Trade: $36.67 0.00 (0.0%)

First Day Return: -9.9%

Return from IPO: +144.5%

Industry: Consumer Staples

The Vita Coco Company is a leading fast-growing, plant-based functional hydration platform, which pioneered packaged coconut water in 2004, and recently began extending into other healthy hydration categories. We are on a mission to reimagine what is possible when brands deliver great tasting, natural, and nutritious products that are better for consumers and better for the world. At the Vita Coco Company, we strongly believe that we have a nearly two-decade head start on building a modern, healthy beverage company providing products that consumers demand. We observed early on the shift toward healthier and more functional beverage and food products led by the next generation of consumers. As a result, we believe our platform is tethered to the future and not anchored to the past. Our portfolio is led by Vita Coco, which is the leader in the global coconut water category with additional coconut oil and coconut milk offerings, and includes Runa, a leading plant-based energy drink inspired from a plant native to Ecuador, Ever & Ever, a sustainably packaged water, and the recently launched PWR LIFT, a flavored protein-infused water.
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IPO Data
IPO File Date 09/27/2021
Offer Price $15.00
Price Range $18.00 - $21.00
Offer Shares (mm) 11.5
Deal Size ($mm) $173
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 10/20/2021
Offer Price $15.00
Price Range $18.00 - $21.00
Offer Shares (mm) 11.5
Deal Size ($mm) $173
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Goldman Sachs
BofA Securities
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Company Data
Headquarters New York, NY, United States
Founded 2004
Employees at IPO 265
Website www.thevitacococompany.com

The Vita Coco Company (COCO) Performance