Once Upon a Farm Prices Initial Public Offering at $18 Per Share
Once Upon a Farm, a leading fresh and organic food company focused on nutritious products for children and families, today announced the pricing of its initial public offering (IPO), marking a major milestone in the company’s growth journey. The offering reflects strong investor interest as the brand prepares to enter the public markets and expand its operational capabilities.
The company has priced its IPO at $18.00 per share, positioning itself for its debut on the New York Stock Exchange (NYSE) under the ticker symbol “OFRM.” Trading is expected to begin on February 6, 2026, with the offering anticipated to close on February 9, 2026, subject to customary closing conditions.
Details of the Share Offering
In total, 10,997,209 shares of common stock are being offered as part of the IPO. Of these shares:
- 7,631,537 shares are being offered directly by Once Upon a Farm, and
- 3,365,672 shares are being offered by certain existing stockholders.
The offering structure allows the company to raise fresh capital while also providing liquidity to some of its early investors. The shares are being sold at the public offering price of $18.00 per share, before underwriting discounts and commissions.
Underwriters’ Option for Additional Shares
Once Upon a Farm has also granted the underwriters a 30-day option to purchase up to an additional 1,649,581 shares of common stock. This option, often referred to as the greenshoe option, allows underwriters to buy extra shares at the IPO price, less underwriting discounts and commissions.
If fully exercised, this option would increase the total number of shares sold in the offering and provide additional capital to the selling stockholders, depending on how the option is allocated.
NYSE Listing and Expected Trading Date
The company’s common stock is expected to begin trading on the New York Stock Exchange on February 6, 2026, under the ticker symbol “OFRM.” The listing on the NYSE represents a significant step for Once Upon a Farm, offering increased visibility, access to broader capital markets, and enhanced credibility among institutional and retail investors.
The offering is expected to formally close on February 9, 2026, subject to standard closing conditions, including regulatory approvals and final settlement processes.
Planned Use of IPO Proceeds
Once Upon a Farm intends to use the net proceeds from the IPO to support its long-term growth strategy and strengthen its financial position. Specifically, the company plans to allocate the funds toward several key areas:
- Repayment of outstanding borrowings under its existing credit facility, which will help improve the company’s balance sheet and reduce interest expenses.
- Purchase of new equipment to enhance operational efficiency and production capacity.
- Certain payments conditioned upon the completion of the offering, reflecting obligations tied to the IPO process.
- General corporate purposes, which may include working capital, capital expenditures, and strategic initiatives.
Management believes these investments will support the company’s mission of expanding access to fresh, organic food options while scaling operations to meet growing consumer demand.
Investment Banks and Underwriting Team
The IPO is being led by a group of major global financial institutions, highlighting the significance of the offering and investor interest in the company.
- Goldman Sachs & Co. LLC and J.P. Morgan are serving as joint lead bookrunning managers for the offering.
- BofA Securities and William Blair are acting as bookrunning managers.
- Barclays, Evercore ISI, Deutsche Bank Securities, Oppenheimer & Co., and TD Cowen are participating as bookrunners.
- Drexel Hamilton and Siebert Williams Shank are serving as co-managers.
This diverse underwriting syndicate brings extensive experience in public offerings across the consumer, food, and agriculture-related sectors.
Regulatory Approval and SEC Filing
A registration statement relating to the offered securities was declared effective by the U.S. Securities and Exchange Commission (SEC) on January 30, 2026. The effectiveness of the registration statement allows the company to proceed with the offering in compliance with U.S. securities laws.
The company emphasized that this announcement is being made in accordance with regulatory requirements and does not constitute an offer to sell or the solicitation of an offer to buy securities in any jurisdiction where such activity would be unlawful prior to proper registration or qualification.
Important Legal Disclosures
This press announcement is provided for informational purposes only. It does not constitute an offer to sell or a solicitation of an offer to buy any securities. No sale of securities shall occur in any state or jurisdiction where such an offer, solicitation, or sale would be unlawful prior to registration or qualification under applicable securities laws.
Investors are encouraged to review the final prospectus and all related disclosures before making any investment decision.
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