Smithfield Foods Inc

Smithfield Foods Inc (SFD), already reporting to the SEC, moved up to Nasdaq Global Select on Jan 29, 2025 with an offering at $20.00 per share raising $521.7M. Morgan Stanley was lead-left underwriter, joined by BofA Securities, Goldman Sachs and Barclays and others. Hunton Andrews Kurth advised the company and Cravath advised the underwriters.

Smithfield Foods Inc is an American food company selling value-added packaged meats and fresh pork, with over $14 billion in annual sales. It employs about 34,000 people in the United States and 2,500 in Mexico and also operates in hog production.

Status

Uplisting

Ticker

SFD

Exchange

Nasdaq Global Select

Listed

Jan 29, 2025

Price

$20.00

Price range

$23.00–$27.00

Raised

$521.7M

Market cap at IPO price

$7.86B

First filed

Jan 6, 2025

Underwriters

Morgan Stanley, BofA Securities, Goldman Sachs, Barclays, Citigroup, HSBC and BTIG

Company counsel

Hunton Andrews Kurth

Underwriters' counsel

Cravath

Sector

Consumer

Country / state

VA