Plant-based meat maker Beyond Meat Inc is planning to raise up to $183.8 million from an initial public offering, looking to tap into the growing popularity of veganism
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The higher end of the indicative price range gives the company a market value of $1.21 billion, based on 57.4 million outstanding shares, excluding the underwriters' option. The Los Angeles-based company in early January announced it was rolling out its plant-based burger at fast-food chain Carl’s Jr.
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