Sovos Brands (SOVO) Prices 23.33M Share IPO at $12/sh
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Sovos Brands Announces Pricing of Initial Public Offering
September 22, 2021 7:19 PM EDTLOUISVILLE, Colo., Sept. 22, 2021 (GLOBE NEWSWIRE) -- Sovos Brands, Inc. (Sovos) announced today the pricing of its initial public offering of 23,334,000 shares of its common stock at a price to the public of $12.00 per share. The shares are expected to begin trading on the Nasdaq Global Select Market on September 23, 2021, under the ticker symbol SOVO. The initial public offering is expected to close on September 27, 2021, subject to the satisfaction of customary closing conditions.
In addition, the underwriters have been granted a 30-day option to purchase up to an additional 3,500,100 shares of common stock at the initial public offering... More
