Beyond Meat’s IPO Bags $241M to Make Plant-Based Burgers Mainstream
Xconomy
MAY 2, 2019
The El Segundo, CA-based company sold approximately 9.6 The food technology company’s upsized IPO has raised $241 million to finance plans to bring its plant-based “meat” to more grocery stores and restaurants across the country. Beyond Meat priced its IPO Wednesday evening at $25 per share, which was the high end of its revised range.
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