Jennifer Garner’s Once Upon a Farm resumes IPO plans

Once Upon a Farm, the organic food brand recognized for its baby food and snacks for children, is reigniting its plans for an initial public offering (IPO) according to a recent filing with the SEC and reports from Reuters. The company had initially intended to launch its IPO last year but hit the brakes due to the government shutdown. In a significant move, the company filed an updated S-1 form on Tuesday, revealing a proposed price range of $17 to $19 per share. This development suggests that the IPO market may be beginning to recover from its previous stagnation. IPO Scoop indicates that the company is poised to make its market debut on February 6. Founded in 2015, Once Upon a Farm features actress Jennifer Garner among its co-founders, alongside experienced entrepreneurs Cassandra Curtis and Ari Raz, who were involved from the start. With Goldman Sachs and J.P. Morgan leading the underwriting process, the company aims to secure a minimum of $208.9 million, targeting a valuation of approximately $764.4 million. So far, Once Upon a Farm has amassed nearly $100 million in funding, with notable investors such as S2G Ventures and CAVU Consumer Partners backing its growth.