Zevia Announces Pricing of Initial Public Offering
LOS ANGELES–(BUSINESS WIRE)–Zevia PBC (NYSE:ZVIA) today announced the pricing of its initial public offering of 10,700,000 shares of its Class A common stock at a public offering price of $14.00 per share. The shares are expected to begin trading on the New York Stock Exchange on July 22, 2021 under the ticker symbol “ZVIA.” In addition, Zevia has granted the underwriters a 30-day option to purchase up to an additional 1,605,000 shares of its Class A common stock at the initial public offering price, less underwriting discounts and commissions. The offering is expected to close on or about July 26, 2021 subject to satisfaction of customary closing conditions. Goldman Sachs & Co. LLC, BofA Securities and Morgan Stanley are acting as lead book-running managers for …