Deals
Beyond Meat Could Be Valued at Up to $1.2 Billion in IPO
- Maker of vegan meat substitutes seeks to raise $184 million
- Company backed by Tyson, Kleiner, Bill Gates, Don Thompson
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Beyond Meat Inc., the maker of vegan chicken and beef substitutes backed by some of the biggest names in food and technology, is seeking to raise as much as $184 million in its initial public offering.
The company plans to sell 8.75 million shares for $19 to $21 each, according to a filing Monday with the U.S. Securities and Exchange Commission. A listing at the top of that range would give the company a market value of about $1.2 billion based on the shares to be outstanding after the offer, according to its filing.