Hempacco Co., Inc.

Hempacco Co., Inc. (HPCO) priced its initial public offering on Aug 31, 2022 at $6.00 per share, raising $6M, and listed on Nasdaq Capital Market. At the IPO price its market capitalization was about $138.1M. Boustead was lead-left underwriter. Brunson Chandler & Jones advised the company and Bevilacqua advised the underwriters.

Hempacco Co., Inc. manufactures and sells nicotine-free and tobacco-free alternatives to traditional cigarettes. It makes smokable hemp and herb products, such as The Real Stuff Hemp Smokables, using patented terpene infusion spraying and flavored filter infusion technology.

Status

IPO

Ticker

HPCO

Exchange

Nasdaq Capital Market

Priced

Aug 31, 2022

IPO price

$6.00

Raised

$6M

Market cap at IPO price

$138.1M

First filed

Mar 24, 2022

Underwriters

Boustead

Company counsel

Brunson Chandler & Jones

Underwriters' counsel

Bevilacqua

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.