Cariloha, Inc.

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General Information
Business:
(Note: Cariloha, Inc. withdrew its plans for its IPO in an SEC filing dated Dec. 16, 2022. Cariloha’s IPO was postponed after news on Feb. 24, 2022, of Russia’s attack on Ukraine. Cariloha, Inc. filed its S-1 on Jan. 7, 2022.) We are an omni-channel brand focused on soft and sustainable bedding, clothing and bath goods made of eco-friendly viscose from bamboo, or Bamboo, one of the most renewable and sustainable resources on the planet. We’ve become one of the few brands that has successfully developed a full line of products and home goods that use fabrics produced from Bamboo. We sell our products through our fast-growing e-commerce channel, modern and efficient showrooms, and a wholesale channel. Our longstanding marketing partnerships with major cruise lines provide us access to tens of thousands of new customers who visit our unique footprint of showrooms located in high-traffic destinations and cruise ports-of-call. We also partner with major e-commerce merchants, including Amazon, Costco, BedBath&Beyond and Target, to increase our online presence and sell our products. 
(Note: The pricing of Cariloha’s IPO is now TBA, the Street hears on Feb. 24, 2022, following news of Russia’s attack on Ukraine. There had been some expectation that the deal might get priced during the week of Feb. 21, 2022. The deal’s timing has been pushed back a few times during February. In an SEC filing dated Feb. 11, 2022, Cariloha downsized its IPO to 2.0 million shares, down from 2.3 million shares, and cut the price range to $9 to $11, down from $12 to $14, to raise $20 million (mid-point pricing).; the reduction in size and price range represents a cut of about 33 percent in the IPO, which was initially estimated to raise $29.9 million. The IPO was originally expected to price on Feb. 10, 2022.)
Industry: Apparel & Other Finished Products of Fabrics & Similar Material
Employees: 226
Founded: 2007
Contact Information
Address 280 West 10200 South, Suite 300 Sandy, Utah 84070
Phone Number (801) 562-3001
Web Address http://www.cariloha.com/
View Prospectus: Cariloha, Inc.
Financial Information
Market Cap $120.0mil
Revenues $48.64 mil (last 12 months)
Net Income $-0.85 mil (last 12 months)
IPO Profile
Symbol ALOHA
Exchange NASDAQ
Shares (millions): 2.0
Price range $9.00 - $11.00
Est. $ Volume $20.0 mil
Manager / Joint Managers Roth Capital Partners/ Oppenheimer & Co.
CO-Managers Craig-Hallum
Expected To Trade:
Status: Withdrawn
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
Rating Change