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The IPO market's ESG craze set to continue with socks and Greek yogurt

CHO

Sock maker Bombas is the latest company preparing to ride the ESG investing wave, with the certified B Corp reportedly considering an IPO as soon as this year. It would join Greek yogurt brand Chobani (CHO) in the IPO pipeline, which filed last November as a public benefit corporation (PBC) to raise an estimated $1.5 billion. To date,...read more

Certified B Corp-focused SPAC Sustainable Development Acquisition I prices upsized $275 million IPO

SDACU

Sustainable Development Acquisition I, a blank check public benefit corporation formed by RRG and Capricorn Investment Group, raised $275 million by offering 27.5 million units at $10. The company offered 2.5 million more units than anticipated. Each unit consists of one share of common stock and one-half of a warrant, exercisable at $11.50. An affiliate of Capricorn had...read more

Certified B Corp-focused SPAC Sustainable Development Acquisition I files for a $250 million IPO

SDACU

Sustainable Development Acquisition I, a blank check public benefit corporation formed by Renewable Resources Group (RRG) and Capricorn Investment Group, filed on Friday with the SEC to raise up to $250 million in an initial public offering. The Los Angeles, CA-based company plans to raise $250 million by offering 25 million units at $10. Each unit consists of one share of...read more

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