Corporate ActionApr 27, 2026, 07:18 AM
SUJA S-1/A: IPO of 8.89M Class A Shares at $21-24/share
AI Summary
Suja Life, Inc. filed an S-1/A for its initial public offering, proposing to sell 8,688,170 Class A common shares, with a selling shareholder offering an additional 200,719 shares, totaling 8,888,889 shares. The estimated IPO price is between $21.00 and $24.00 per share, and the company plans to list on Nasdaq under "SUJA." The offering utilizes an "Up-C" structure, involving a Tax Receivable Agreement that will result in substantial payments to existing owners, including PSP, which will maintain a controlling stake of approximately 60.4% of voting power.
Key Highlights
- IPO of 8,888,889 Class A common shares announced.
- Company offering 8,688,170 shares; selling shareholder 200,719 shares.
- Estimated IPO price range: $21.00 to $24.00 per share.
- PSP to beneficially own ~60.4% voting power, making SUJA a "controlled company."
- Underwriters have option for additional 1,333,333 shares.
- Suja Organic and Vive Organic grew 26% in total dollars.
- Suja Organic holds 47% share in cold-pressed juice category.
- Vive Organic and Suja Organic command 42% of wellness shots category.
Price Impact
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