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Beyond Meat Raises IPO Price Range

Stockhouse Editorial
1 Comment| May 1, 2019

Beyond Meat Inc. raised the expected price range and size of its IPO ahead of Wednesday’s expected market debut.

In its latest filing with the U.S. Securities and Exchange Commission, the plant-based meat maker expects to offer 9.63 million shares, up from 8.75 million shares and the IPO to be priced between $23 and $25 per share, up from $19 and $21 per share. It has applied to list on Nasdaq under the ticker symbol BYND.

Beyond Meat has been making headlines with restaurants and grocery outlets lining up to sell its products. The BBC took a closer look into its financial situation to see how it compares with its market value of $1.49 billion.



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