When Is Honest Co. Going Public? What Is the HNST Stock Price Range?

Honest Company is preparing to launch its initial public offering (IPO) this week. Here’s everything potential investors need to know about the Honest Company IPO…

  • Starting off, the company is planning to list its shares on the Nasdaq Exchange.
  • This will have those shares trading under the HNST stock ticker.
  • The IPO has it planning to offer up a total of 6,451,613 shares of its common stock.
  • Other shareholders are selling 19,355,387 shares of the stock but the company won’t see proceeds from that.
  • When it comes to pricing the Honest Company IPO is planning to list its stock between $14 and $17 per share.
  • There’s also a 30-day option for underwriters of the offering to buy an additional 3,871,050 shares.
  • Honest Company also notes that certain funds managed by subsidiaries of BlackRock (NYSE:BLK) have expressed interest in buying $80 million shares of HNST stock.
  • However, this isn’t a binding agreement.
  • Honest Company is a wellness brand founded by Jessica Alba.
  • The actress created the company when she had trouble finding products from brands that wouldn’t trigger allergic reactions.

Alba said this about her desire to…

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