Roc Nation scored an exit as the oat milk brand went public having priced its initial public offering at the top of its range.
Oatly, the Sweden-based oat milk producer backed by talent and entertainment agency Roc Nation, has floated on the Nasdaq Global Select Market in a $1.43bn initial public offering.
The company issued almost 84.4 million shares priced at $17 each, at the top of the IPO’s $15 to $17 range, and its shares are trading at $22.46 at time of publication.
Founded in 1994 to advance research at Lund University, Oatly provides oat milk and other oat-derived food products traditionally…
