Corporate ActionMay 8, 2026, 04:14 PM
Suja Life Closes IPO of 8.89M Shares at $21.00
AI Summary
Suja Life, Inc. successfully closed its Initial Public Offering on May 8, 2026, selling 8,888,889 shares of Class A Common Stock at $21.00 per share. The company also granted underwriters an option to purchase an additional 1,333,333 shares. In connection with the IPO, Suja Life entered into several material agreements, including a Director Designation Agreement with Paine Schwartz, an amended limited partnership agreement for Suja Life Holdings, L.P., and issued 14,836,312 shares of Class V common stock to LP Unitholders as part of the corporate reorganization.
Key Highlights
- Suja Life closed its Initial Public Offering (IPO) on May 8, 2026.
- The company sold 8,888,889 shares of Class A Common Stock in the IPO.
- The public offering price was $21.00 per share.
- Underwriters have a 30-day option to purchase up to an additional 1,333,333 shares.
- Suja Life issued 14,836,312 shares of Class V common stock to LP Unitholders.
- The company entered into a Director Designation Agreement with Paine Schwartz.
- The Sixth Amended and Restated Limited Partnership Agreement of Holdings LP was executed.
- Indirect subsidiaries amended the Credit Agreement to facilitate the IPO reorganization.
Price Impact
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