BOF News

Three companies priced this past week, two of which are eligible for inclusion in our IPO stats. They were joined by one SPAC. CAVA Group (CAVA) priced above the upwardly revised range, the first major IPO to do so since late 2021, raising $318 million at a $2.6 billion market cap. CAVA owned and operated 263 CAVA restaurants across 22 states and DC as of 4/16/23...read more

BranchOut Food, which sells plant-based dehydrated snack foods, raised $7 million by offering 1.2 million shares at $6, the low end of the range of $6 to $8. The company offered 90 thousand more shares than anticipated. ...read more

Updated Monday, 6/12. Three companies are scheduled to price in the week ahead, two of which are eligible for inclusion in our IPO stats. The first sizable restaurant play to go public since 2021, CAVA Group (CAVA) plans to...read more

BranchOut Food, which sells branded plant-based dehydrated foods, lowered the proposed deal size for its upcoming IPO on Tuesday. The Bend, OR-based company now plans to raise $8 million by offering 1.1 million shares at a price range of $6 to $8. The company had previously filed to offer 1.3 million shares at the same range. At the revised deal size, BranchOut Food will raise -12%...read more