other material
confidence high
sentiment positive
materiality 0.80
Vita Coco closes IPO of 11.5M shares at $15/share, raising ~$173M
Vita Coco Company, Inc.
- Closed IPO of 11,500,000 shares of common stock at $15.00 per share.
- Entered into Registration Rights and Investor Rights agreements with major holders.
- Filed Second Amended and Restated Certificate of Incorporation and Amended and Restated Bylaws.
- Offering size and price set; net proceeds to be used for general corporate purposes.