Allbirds, Inc (BIRD) Launches 19.23M Share IPO

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Go back to Allbirds, Inc (BIRD) Launches 19.23M Share IPO

Allbirds Announces Launch of Initial Public Offering

October 25, 2021 6:31 AM EDT

SAN FRANCISCO, Calif., Oct. 25, 2021 (GLOBE NEWSWIRE) -- Allbirds, Inc., a global lifestyle brand that innovates with naturally derived materials to make better footwear and apparel products in a better way, today announced that it has launched the roadshow for the initial public offering of 19,230,768 shares of its Class A common stock. 15,384,615 shares are being offered by Allbirds and 3,846,153 shares are being offered by certain of Allbirds existing stockholders. In addition, Allbirds and the selling stockholders expect to grant the underwriters a 30-day option to purchase an additional 2,884,615 shares of Class A common stock at the initial public... More