General Mills-backed meat substitute developer Beyond Meat priced its shares at the top of an expanded range, but Tyson Foods had already sold its stake.
Beyond Meat, the US-based vegetarian meat developer that counts food producer General Mills as an investor, will go public today in an initial public offering sized at approximately $241m.
The company priced more than 9.62 million shares at $25.00 yesterday, having increased the range of the offering from $21 to $23 per share, to $23 to $25 on Tuesday. It will float on the Nasdaq Global Select Market.
Beyond Meat develops and supplies plant-based substitutes for beef, pork and poultry…
