Mission Produce, Inc.

Mission Produce, Inc. (AVO) priced its initial public offering on Oct 2, 2020 at $12.00 per share, raising $96M, and listed on Nasdaq Global Select. At the IPO price its market capitalization was about $832.2M. BofA Securities was lead-left underwriter, joined by J.P. Morgan, Citigroup and Roth Capital and others. Latham & Watkins advised the company and Davis Polk advised the underwriters.

Mission Produce, Inc. sources, produces, packs and distributes fresh avocados for retail, wholesale and foodservice customers in over 25 countries. It also provides ripening, bagging, custom packing, logistics management and merchandising support.

Status

IPO

Ticker

AVO

Exchange

Nasdaq Global Select

Priced

Oct 2, 2020

IPO price

$12.00

Raised

$96M

Market cap at IPO price

$832.2M

First filed

Sep 4, 2020

Underwriters

BofA Securities, J.P. Morgan, Citigroup, Roth Capital and Stephens D.A. Davidson

Company counsel

Latham & Watkins

Underwriters' counsel

Davis Polk

Sector

Agriculture

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.