Initial public offering doesn't hit target, shares now below launch price.
Real Good Foods Co. launched an initial public offering of stock that closed Nov. 9, raising approximately $68 million, below the target of $86.25 million.
A week earlier, the Cherry Hill, N.J., maker of grain-free and better-for-you frozen entrees projected the initial stock price to be $14-16 per share. Instead, the stock was priced at $12 per share when it launched on Nov. 5, and on Nov. 9 it was selling at just under $9.
Company sales were nearly $39 million in 2020 and $35.5 million in the first six months of 2021, according to the filing, but it's never made a profit. It's listed on the Nasdaq Global Market under the ticker symbol RGF.
Kaeser is the world’s leading air systems specialist and offers a full range of compressed air solutions for almost any application. From industrial compress...
Take a moment to see the scope of Kaeser's commitment to innovative system designs that guarantee ultra-reliable compressed air, easy maintenance, and greater efficiency.
Ventilation has a huge impact on the ambient temperature in the compressor room and is often the missing link to temperature regulation issues. Here are four factors to consider...
Learn how to get a smart, reliable, energy-efficient compressed air system delivered in a turnkey, weatherproof and temperature-controlled enclosure that needs little or no onsite...
