Once Upon a Farm IPO Priced at $18 for NYSE Debut

IPO Details Announced

Once Upon a Farm, an organic baby food producer, has priced its initial public offering at $18.00 per share. The company will offer a total of 10,997,209 shares, consisting of 7,631,537 new shares from the company and 3,365,672 shares from existing stockholders.

Market Entry and Timeline

The company's shares are set to begin trading on the New York Stock Exchange on February 6, 2026, under the ticker symbol "OFRM". The offering is anticipated to close on February 9, 2026, pending standard closing conditions. Underwriters have been granted a 30-day option to purchase up to an additional 1,649,581 shares at the IPO price.

Use of Proceeds and Financial Strategy

Net proceeds from the offering are allocated for several key corporate purposes. These include the repayment of outstanding borrowings under its credit facility, the purchase of new operational equipment, and funding for general corporate activities. The move is managed by a syndicate of banks led by Goldman Sachs and J.P. Morgan.

Summary and Outlook

This public offering marks a significant milestone for Once Upon a Farm, enabling it to strengthen its financial position and invest in future growth. Market participants will closely monitor the stock's performance on the NYSE following its debut. The successful execution of the IPO is supported by a robust team of bookrunning managers.

FAQ

Q: What is the IPO price for Once Upon a Farm?
A: The initial public offering is priced at $18.00 per share.

Q: What is the ticker symbol for Once Upon a Farm?
A: The company will trade on the New York Stock Exchange under the ticker symbol OFRM.

Q: When will Once Upon a Farm start trading?
A: The shares are expected to begin trading on February 6, 2026.

Source: Investing.com