Beyond Meat, Inc.

Beyond Meat, Inc. (BYND) priced its initial public offering on May 3, 2019 at $25.00 per share, within its $23.00–$25.00 range, raising $240.6M, and listed on Nasdaq Global Select. At the IPO price its market capitalization was about $1.46B. Goldman Sachs was lead-left underwriter, joined by J.P. Morgan, Credit Suisse and Jefferies and others. Orrick advised the company and Latham & Watkins advised the underwriters.

Beyond Meat, Inc. is a U.S. food company that makes plant-based meat products designed to resemble animal-based meat in taste and texture. It sells under the brand commitment "Eat What You Love" and targets a broad range of consumers, including those who regularly eat animal-based meat.

Status

IPO

Ticker

BYND

Exchange

Nasdaq Global Select

Priced

May 3, 2019

IPO price

$25.00

Price range

$23.00–$25.00

Raised

$240.6M

Market cap at IPO price

$1.46B

First filed

Nov 16, 2018

Underwriters

Goldman Sachs, J.P. Morgan, Credit Suisse, Jefferies and William Blair

Company counsel

Orrick

Underwriters' counsel

Latham & Watkins

Sector

Consumer

Country / state

CA

Market cap at IPO price = shares outstanding after the offering (all classes, before the over-allotment option) × the IPO price, from the final prospectus.