OXNARD, CA - Last month, Mission Produce officially announced the launch of its Initial Public Offering (IPO). After much anticipation, the company has now released more details surrounding the launch, reporting that its IPO will be offered at a price to the public of $12.00 per share.
The shares are expected to begin trading on the NASDAQ Global Select Market today, October 1, 2020, under the symbol “AVO.” The closing of the offering is expected to occur on October 5, 2020, subject to the satisfaction of customary closing conditions. BofA Securities, J.P. Morgan, and Citigroup are acting as bookrunning managers for the offering. Roth Capital Partners, Stephens Inc., and D.A. Davidson & Co. are acting as co-managers.
A registration statement relating to these securities has been filed with the U.S. Securities and Exchange Commission and was declared effective on September 30, 2020.
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