Renaissance Capital logo

Thorne Healthtech Priced, Nasdaq: THRN

Offers a suite of personalized dietary supplements.

Industry: Consumer Staples

Latest Trade: $10.19 0.00 (0.0%)

First Day Return: -24.5%

Return from IPO: +1.9%

Industry: Consumer Staples

We are a science-driven wellness company pioneering innovative solutions and personalized approaches to health and well-being. We are building a new health category to deliver better health outcomes through a proactive, empowered approach. Our unique, vertically integrated brands, Thorne and Onegevity, provide actionable insights and personalized data, products and services that help individuals take a proactive approach to improve and maintain their health over their lifetime. By combining our proprietary multi-omics database, artificial intelligence (AI) and digital health content with our science-backed nutritional supplements, we deliver a total system for wellness. We believe our integrated solution will redefine the expectations for good health and peak performance. Founded in 1984, Thorne Research was a small company dedicated to being a “thorn” in the side of the traditional supplement industry by making the purest and highest quality nutritional supplements to sell to health professionals. With a vision for an unparalleled health ecosystem fueled by innovation and technology, our current Chief Executive Officer, Paul Jacobson, and his management team, acquired Thorne Research in 2010 and co-founded Onegevity. In early 2021, we completed our acquisition of Onegevity and combined these two complementary companies. During the past ten years, we have evolved to become a transformative consumer brand, trusted by more than 3,000,000 customers, 42,000 healthcare professionals, thousands of professional athletes, more than 100 professional sports teams and 11 U.S. Olympic teams.
more less
IPO Data
IPO File Date 07/16/2021
Offer Price $10.00
Price Range $10.00 - $11.00
Offer Shares (mm) 7.0
Deal Size ($mm) $70
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 09/22/2021
Offer Price $10.00
Price Range $10.00 - $11.00
Offer Shares (mm) 7.0
Deal Size ($mm) $70
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
BofA Securities
TD Cowen
more
Company Data
Headquarters New York, NY, United States
Founded 1984
Employees 440
Website www.thorne.com

Thorne Healthtech (THRN) Performance