Pre-IPO Shares of Impossible Foods Available at Manhattan Street Capital

Manhattan Street Capital, best known for its Reg A+ securities offerings, is pitching shares in Impossible Foods, a competitor to Beyond Meat (NASDAQ:BYND).

As you probably know, Beyond Meat went public in mid-2019 raising about $240 million on a valuation of $1.5 billion. Shares were floated at $25/each. Today, Beyond Meat trades at a jaw-dropping price of $127 a share and a valuation of over $7 billion.

Obviously, the meat substitute sector is pretty hot and Manhattan Street Capital is offering accredited investors to purchase shares in Impossible Foods beginning at $100,000 per investor. Manhattan Street Capital speculates that in the coming months or weeks, Impossible Foods is bound to file an S-1 and kick off the process of floating shares on an exchange.

The private equity fund is seeking up to $27 million and investors are expected to hold their investment for at least two years.

If you are curious the private placement memorandum is available here.


Have a crowdfunding offering you'd like to share? Submit an offering for consideration using our Submit a Tip form and we may share it on our site!

Sponsored Links by DQ Promote


 

Send this to a friend