Latham & Watkins Advises The Vita Coco Company, Inc. on IPO

Firm represents the plant-based functional hydration platform in the offering.

October 21, 2021

The Vita Coco Company, Inc., a leading platform of high-growth better-for-you brands formerly known as All Market Inc., has announced the pricing of its initial public offering of 11,500,000 shares of common stock, of which 2,500,000 are being offered by The Vita Coco Company and 9,000,000 are being offered by certain selling stockholders at a price to the public of US$15.00 per share. The selling stockholders have also granted the underwriters a 30-day option to purchase up to an additional 1,725,000 shares of common stock at the initial public offering price, less underwriting discounts and commissions. The shares are expected to begin trading on Nasdaq Global Select Market on Thursday, October 21, 2021 under the ticker symbol “COCO.” The initial public offering is expected to close on October 25, 2021, subject to the satisfaction of customary closing conditions.

Latham & Watkins LLP represents The Vita Coco Company, Inc. in the offering with a capital markets team led by New York partners Ian Schuman and Stelios Saffos, with associates Salvatore Vanchieri, Giulia Franzoso, Patrick Maguire, and Hamna Ahmad.

 
 
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