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Jessica Alba-backed Honest Company IPO raises $412.8 million

Reuters2021-05-05

May 4 (Reuters) - Honest Company Inc , the consumer goods company founded by actress Jessica Alba, priced its initial public offering $(IPO.UK)$ on Tuesday slightly above the midpoint of its indicated range, raising $412.8 million, a person familiar with the matter said.

Honest sold 25.8 million shares at $16 each, the source said, requesting anonymity ahead of an official announcement. The company had previously indicated shares could be sold in the IPO at $14-17 apiece.

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Comment5

  • Jodi8701
    ·2021-05-05
    Two brands that align
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  • Jodi8701
    ·2021-05-05
    I didn’t know she was affiliated with them. Two brands that align
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  • eaturvegs
    ·2021-05-05
    hmmm
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  • Trollingck
    ·2021-05-05
    interesting
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  • Yangie
    ·2021-05-05
    Anybody investing in her company?
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