Casper Sleep Inc.

Casper Sleep Inc. priced its initial public offering on Feb 7, 2020 at $12.00 per share. At the IPO price its market capitalization was about $476.1M. Latham & Watkins advised the company and Skadden, Arps advised the underwriters.

Casper Sleep Inc. sells sleep products and experiences directly to consumers, online and in person, as a brand in what it calls the Sleep Economy. It says more than 1.4 million customers have bought from it, and it emphasizes direct relationships with shoppers.

Status

IPO

Priced

Feb 7, 2020

IPO price

$12.00

Market cap at IPO price

$476.1M

First filed

Jan 10, 2020

Company counsel

Latham & Watkins

Underwriters' counsel

Skadden, Arps

Sector

Consumer

Country / state

NY

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