As soon as Upon a Farm, the youngsters’s natural meals firm co-founded by actor Jennifer Garner, stated it was concentrating on a valuation of as much as $764.4 million (€642.33 million) in its US preliminary public providing, as optimism grows that consumer-related IPOs will rebound in 2026.
The Berkeley, California-based firm and a few of its current shareholders are searching for as much as practically $209 million (€175.71 million) by providing about 11 million shares priced between $17 and $19 apiece.
Dealmakers count on listings by retailers and client items corporations to rebound in 2026 after US President Donald Trump’s sweeping tariffs dampened exercise final yr.
As soon as Upon a Farm had deliberate to go public in 2025, however the itemizing was delayed after the longest-ever US authorities shutdown halted the Securities and Alternate Fee’s operations.
The natural meals firm affords a spread of merchandise focused at youngsters of all ages, from cold-pressed pouches to frozen meals and oat bars.
High Shareholders
Funding corporations CAVU Enterprise Companions, S2G Ventures and Cambridge Corporations SPG are among the many prime shareholders of the corporate, which had raised $52 million in a 2022 funding spherical.
As soon as Upon a Farm warned in its prospectus that tariffs or commerce obstacles affecting Mexico and South America, the place it sources a major share of its fruit and vegetable substances, may result in shortages and better prices.
Goldman Sachs and J.P. Morgan are the joint lead bookrunning managers. As soon as Upon a Farm will record on the New York Inventory Alternate beneath the image ‘OFRM’.
Cassandra Curtis and Ari Raz began As soon as Upon a Farm in 2015. Two years later, Garner and John Foraker, the previous CEO of meals model Annie’s, joined the corporate as co-founders.
