Monday, June 28, 2021

Zevia Files For IPO

Los Angeles-based Zevia, the developer of artificial sweeteners, filed for an IPO last week, saying that it plans to have an IPO on the New York Stock Exchange as ZVIA. The company plans to raise up to $100M in its IPO, according to the company's S-1 filing. The IPO is being underwritten by Goldman Sachs & Co. LLC, BofA Securities and Morgan Stanley, along with Stephens Inc., BMO Capital Markets and Wells Fargo Securities.