VITL News

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

Two IPOs and two SPACs are scheduled to go public in the week ahead. Chinese EV maker Xpeng (XPEV) is leading summer's last wave with a billion-dollar deal. Xpeng (XPEV) plans to raise $1.0 billion at an $8.8 billion market cap. Xpeng targets the mid- to high-end segment in China's passenger vehicle market and currently offers two electric vehicles,...read more

Seven IPOs and five SPACs entered the public markets this week led by top performer Vital Farms (VITL), which popped 60% in its public debut. Vital Farms (VITL), the largest US producer of pasture-raised eggs, upsized and priced above the upwardly revised range to raise $205 million at a $991 million market cap. The company, which is both a public benefit...read more

Vital Farms, the largest US producer of pasture-raised eggs and butter, raised $205 million by offering 9.3 million shares (46% secondary) at $22, above the upwardly revised range of $19 to $21. The selling shareholders offered 1.5 million more shares than anticipated. The company originally planned to offer 7.8 million shares (35% secondary) at $15 to $17 before...read more