Mission Produce sets IPO terms

In a Sept. 22 Securities and Exchange Commission filing, Oxnard, CA-based Mission Produce Inc. BB #:118126 plans to offer 9.375 million shares in its upcoming Initial Public Offering,...

By Pamela Riemenschneider

September 22, 2020

1 minute read

In a Sept. 22 Securities and Exchange Commission filing, Oxnard, CA-based Mission Produce Inc. BB #:118126 plans to offer 9.375 million shares in its upcoming Initial Public Offering, at an estimated $15 to $17 per share.

The company first announced the IPO on Sept. 4. BofA Securities, J.P. Morgan and Citigroup are acting as bookrunning managers for the proposed offering. Roth Capital Partners, Stephens Inc. and D.A. Davidson & Co. are acting as co-managers for the proposed offering.

According to the company’s preliminary prospectus, it is offering 6.25 million shares of common stock and the selling stockholders are offering 3.125 million shares. Mission plans to use the symbol AVO on the Nasdaq Global Select Market.

Click here to read the full SEC filing.

Pamela Riemenschneider is the Retail Editor for Blue Book Services.

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