• Beyond Meat's IPO Bags $241M to Make Plant-Based Burgers Mainstream

    6 monthes ago - By Xconomy

    A Beyond Meat burger is coming to a location near you-and soon. The food technology company's upsized IPO has raised $241 million to finance plans to bring its plant-based “meat” to more grocery stores and restaurants across the country. Beyond Meat priced its IPO Wednesday evening at $25 per share, which was the high end of its revised range. The El Segundo, CA-based company sold approximately 9.6 million shares at that price. Last week, Beyond Meat planned to offer 8.75 million shares in the range of $19 to $21 each, and this week adjusted that to $23 to $25 per share...
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