Nutraceutical manufacturer The Better Being Co. postponed IPO

4 August company The Better Being Co., selling vitamins and supplements under the Solaray brands, KAL and others, announced the cancellation of the upcoming IPO. Previously, the company applied for attraction 200 million dollars, releasing 12,5 million shares at a price from 15 to 17 Dollars.

Nutraceutical manufacturer The Better Being Co. postponed IPO

A vertically integrated company produces and sells nutraceuticals and dietary supplements, cosmetics and other natural products under numerous brands, including Solaray, KAL, Zhou Nutrition, Now You, Heritage Store, Zand и Life Flo.

The company is headquartered in Salt Lake City, Utah, was founded in 1993 year, and for 12 Months, ended 31 Martha 2021 of the year, the volume of its sales amounted to 344 million dollars. The company planned to list on the stock exchange under the ticker BBCO. Goldman Sachs were to become the joint organizers of the share issue, Swiss credit, Jefferies, Deutsche Bank, Piper Sandler и Guggenheim Securities.

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