Sovos goes public with lower-priced IPO, still valued at $1B+ - NewsBreak

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By Vivian in Business
Updated 3 years ago

Sovos Brands Inc. (Nasdaq: SOVO), a formerly California-based food-brand company that recently planted its headquarters flag in Louisville, began publicly trading Thursday after an initial public offering priced at $12. That's lower than the previously expected share price of $14 to $15, but the company still raised $280 million on...

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