Jennifer Garner’s 'Once Upon a Farm' Plans IPO

Cheddar News

Jennifer Garner’s organic baby and kids' food company, Once Upon a Farm, has filed to go public, planning to list under the ticker “OFRM” on the NYSE.

Transcript

00:00Jennifer Garner's organic baby and kids food company, Once Upon a Farm, has filed to go public,

00:06planning to list under the ticker symbol OFRM on the New York Stock Exchange.

00:11Despite a 66% revenue increase in the first half of this year,

00:16the company admitted it has a history of losses and uncertain profitability.

00:21Founded in 2015 and co-founded by Garner,

00:23the brand offers over 115 clean label products like smoothies, oat bars, and frozen meals.

00:31Goldman Sachs and J.P. Morgan are leading the IPO,

00:34which aims to fund continued growth as the company scales beyond baby food.

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