Last week, we reported that Swedish oat milk giant Oatly was preparing to file for an IPO, at a staggering (but still rumored) valuation of $10 billion that would make it by far the largest public offering of any plant-based startup in history. Issuing stock on the New York Exchange would allow Oatly s bullish consumers to buy a small piece of their favorite non-dairy milk company.
A spokeswoman confirmed that Oatly has submitted an F-1 registration statement with the SEC, which is the usual step foreign companies make as a first step to issuing securities on the New York Exchange. The company is said to be valuing itself at a market cap of $10 billion, which would make it five times bigger than Beyond Meat when it launched on the big board at $25 back in October 2019. Now Beyond is trading at $154 (as of the most recent close) which puts it just a shave less than a $10 billion market cap, still smaller than what the oat milk company believes it is worth if the rumored p
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