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The Real Good Food Company Priced, Nasdaq: RGF

Makes low-carb high-protein packaged foods.

Industry: Consumer Staples

Latest Trade: $0.37 0.00 (0.0%)

First Day Return: -8.3%

Return from IPO: -96.9%

Industry: Consumer Staples

Real Good Foods is an innovative, high-growth, branded, health- and wellness-focused frozen food company. We develop, market, and manufacture delicious and convenient comfort foods designed to be high in protein, low in sugar, and made from gluten- and grain-free ingredients that are intended to be sold in the health and wellness (“H&W”) segment of the frozen food category. Our brand commitment, “Real Food You Feel Good About Eating,” represents our strong belief that, by eating our food, consumers can enjoy more of their favorite foods and, by doing so, live better lives as part of a healthier lifestyle. All of our products are prepared with proprietary ingredient systems that allow us to provide consumers with delicious meals that are designed to be high in protein, low in sugar, and made with gluten- and grain-free ingredients. Our base ingredient systems, which include (i) chicken and parmesan cheese, and (ii) plant-based proteins and fibers, are composed of simple ingredients to which our consumers are accustomed. We believe these ingredient systems are critical to our success because they are a large part of what makes our products craveable while allowing us to capture the macronutrient ratios favored by H&W consumers. To support these ingredient systems, we source widely available, nutritious ingredients from a network of suppliers with whom we have strong relationships.
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IPO Data
IPO File Date 10/12/2021
Offer Price $12.00
Price Range $14.00 - $16.00
Offer Shares (mm) 5.3
Deal Size ($mm) $64
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 11/04/2021
Offer Price $12.00
Price Range $14.00 - $16.00
Offer Shares (mm) 5.3
Deal Size ($mm) $64
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Jefferies
William Blair
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Company Data
Headquarters Cherry Hill, NJ, United States
Founded 2016
Employees at IPO 260
Website www.realgoodfoods.com

The Real Good Food Company (RGF) Performance