other material
confidence high
sentiment positive
materiality 0.70
Buda Juice closes IPO with full over-allotment exercise, gross proceeds ~$23.0M
BUDA JUICE, INC.
- Underwriter MDB Capital exercised full 15% over-allotment for 399,999 shares at $7.50.
- Total IPO: 3,066,666 shares sold, gross proceeds ~$23.0M before expenses.
- Shares began trading on NYSE American (BUDA) on January 8, 2026.
- CEO Horatio Lonsdale-Hands cites investor confidence and plans to expand distribution and white-label platform.
- Offering closed; company plans to use proceeds for geographic expansion and scaling operations.