Laird Superfood, Inc.

Laird Superfood, Inc. (LSF) priced its initial public offering on Sep 23, 2020 at $22.00 per share, within its $21.00–$22.00 range, raising $58.3M, and listed on NYSE American. At the IPO price its market capitalization was about $184.3M. Canaccord Genuity was lead-left underwriter, joined by Craig-Hallum and Roth Capital. Hogan Lovells advised the company and Goodwin Procter advised the underwriters.

Laird Superfood, Inc. makes and markets plant-based and functional foods. Its main product lines are Superfood Creamer coffee creamers, Hydrate hydration products and beverage-enhancing supplements, and roasted and instant coffees, teas and hot chocolate.

Status

IPO

Ticker

LSF

Exchange

NYSE American

Priced

Sep 23, 2020

IPO price

$22.00

Price range

$21.00–$22.00

Raised

$58.3M

Market cap at IPO price

$184.3M

First filed

Aug 31, 2020

Underwriters

Canaccord Genuity, Craig-Hallum and Roth Capital

Company counsel

Hogan Lovells

Underwriters' counsel

Goodwin Procter

Sector

Consumer

Country / state

CO

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