Jennifer Garners Once Upon a Farm valued at $845M…
Once Upon a Farm, the youngsters’s natural food company co-founded by actress Jennifer Garner, fetched an $844.9 million valuation as its shares opened 17% above the offer price in its New York Stock Exchange debut on Friday.
The Berkeley, Calif.-based company’s stock opened at $21 apiece, in contrast with the $18 offer price. The firm and some of its backers bought roughly 11 million shares within the marketed vary of $17 to $19 to raise about $198 million.
Consumer-focused firms have gotten more optimistic about the IPO window this 12 months, after President Trump’s sweeping tariffs dampened exercise last 12 months.
Jennifer Garner rings the opening bell at the New York Stock Exchange on Friday. REUTERS
Her natural meals company, Once Upon a Farm, fetched an $844.9 million valuation as its shares opened 17% above the offer price. AP
Garner’s company sells packaged food for kids, including cold-pressed pouches, pantry snacks, frozen meals and oat bars. AP
Once Upon a Farm was began in 2015 by Cassandra Curtis and Ari Raz. Two years later, Garner and John Foraker, former CEO of food model Annie’s, joined as co-founders.
The company sells packaged food for kids of all ages, including cold-pressed pouches, pantry snacks, frozen meals and oat bars.
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