The Vita Coco Company, Inc.
The Vita Coco Company is a leading fast-growing, plant-based functional hydration platform, which pioneered packaged coconut water in 2004. We recently began extending into other healthy hydration categories. We are on a mission to reimagine what is possible when brands deliver great tasting, natural, and nutritious products that are better for consumers and better for the world.
At the Vita Coco Company, we strongly believe that we have a nearly two-decade head start on building a modern healthy beverage company providing products that consumers demand. Our portfolio is led by Vita Coco, which is the leader in the global coconut water category, and includes Runa, a leading plant-based energy drink inspired from a plant native to Ecuador; Ever & Ever, a sustainably packaged water, and the recently launched PWR LIFT, a flavored protein-infused water.
(Note: The Vita Coco Company, Inc., priced its IPO on Oct. 20, 2021, at $15 – $3 below the bottom of its $18-to-$21 price range – on 11.5 million shares, the number of shares in the prospectus, to raise $172.5 million. Of the 11.5 million shares sold in the IPO, a total of 9 million shares were sold by selling stockholders; the company will not get the proceeds from the sale of those 9 million shares.)
|Industry:||Beverages - Coconut water & energy drinks|
|Address||250 Park Avenue South Seventh Floor New York, NY 10003|
|Phone Number||(212) 206-0763|
|View Prospectus:||The Vita Coco Company, Inc.|
|Revenues||$334.0 mil (last 12 months)|
|Net Income||$35.0 mil (last 12 months)|
|Price range||$15.00 - $15.00|
|Est. $ Volume||$172.5 mil|
|Manager / Joint Managers||Goldman Sachs/ BofA Securities/ Credit Suisse/ Evercore/ Wells Fargo Securities/ Guggenheim Securities/ Piper Sandler/ William Blair|
|Expected To Trade:||10/21/2021|
|Quiet Period Expiration Date:||Available only to Subscribers|
|Lock-Up Period Expiration Date:||Available only to Subscribers|
|SCOOP Rating||Available only to Subscribers|
|Rating Change||Available only to Subscribers|