Allbirds (BIRD) IPO Opens 41% Higher

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Go back to Allbirds (BIRD) IPO Opens 41% Higher

Allbirds Announces Pricing of Initial Public Offering

November 2, 2021 9:26 PM EDT

SAN FRANCISCO, Nov. 02, 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 the pricing of its initial public offering of 20,192,307 shares of its Class A common stock at a price to the public of $15.00 per share. 16,346,154 shares were sold by Allbirds and 3,846,153 shares were sold by certain of Allbirds existing stockholders. The underwriters have a 30-day option to purchase up to an additional 504,645 shares of Class A common stock from Allbirds and up to an additional 2,524,200 shares... More