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Globally Local Technologies Completes Transition to Odd Burger Corporation; Now Listed on TSXV as ODD
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The World s First Publicly Traded Vegan Fast-Food Chain Is Opening Its First US Location
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Globally Local Begins U S Expansion in New York City
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Globally Local Technologies Rebrands as Odd Burger Corporation
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After filing for its initial public offering (IPO) in February, Swedish vegan oat-milk brand Oatly has filed with the United States Securities and Exchange Commission (SEC) to go public. The company will trade on The Nasdaq Stock Market under the ticker “OTLY.” Though further information, such as its price, go-public date, and share number are still unknown, the SEC requires that companies that filed confidentially make the filing public in no less than 15 days, so the Oatly IPO could be sometime after May 4.
Last July, the oat-milk brand raised a $200 million investment from a group of investors led by equity giant Blackstone Group, along with media mogul Oprah Winfrey, vegan actress Natalie Portman, former Starbucks CEO Howard Schulz, and Roc Nation (an entertainment agency founded by rapper Jay-Z). While the brand has wide availability in many parts of Europe, Oatly’s popularity in the US began in coffee shops throughout New York City around 2017. Since then, the br