Sovos Brands, Inc (SOVO) Launches 23.3M Share IPO
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Sovos Brands, Inc. Announces Launch of Initial Public Offering
September 14, 2021 6:22 AM EDTLOUISVILLE, Colo., Sept. 14, 2021 (GLOBE NEWSWIRE) -- Sovos Brands, Inc. (Sovos) announced today the launch of its proposed initial public offering of 23,334,000 shares of its common stock. Sovos intends to offer 23,334,000 shares of its common stock and will grant the underwriters a 30-day option to purchase up to an additional 3,500,100 shares of common stock at the initial public offering price less the underwriting discount. The initial public offering price is currently expected to be between $14.00 and $16.00 per share pursuant to a registration statement on Form S-1 previously filed with the United States Securities and Exchange Commission (the SEC). Sovos has... More
