• Home
  • Domestic bonds
  • Nomura reports biggest quarterly loss in more than a decade from Archegos

Nomura reports biggest quarterly loss in more than a decade from Archegos

By on April 27, 2021 0

Bloomberg

Honest Co. actress Jessica Alba files for $ 439 million IPO

(Bloomberg) – The Honest Co. and its shareholders are seeking up to $ 439 million in an initial U.S. public offering that could give co-founder Jessica Alba a stake valued at around $ 96 million. Personal will offer 6.5 million shares, while existing investors will sell 19.4 million, according to a filing Monday with the US Securities and Exchange Commission. The shares are offered between $ 14 and $ 17 each. At the high end of the range, Honest is said to have a market value of $ 1.54 billion based on the outstanding shares listed in the filing. Fully diluted to include employee stock options and restricted stock units, this value would amount to approximately $ 1.85 billion. million shares, does not plan to sell any of them in the offering, according to the filing. In a letter to potential investors for the IPO included in the dossier, she traced her interest in healthy products to childhood illnesses. mentionned. “There were no lasting solutions to my health problems and at the age of 10 I realized how well-being can define your whole life. It never left me. In addition to its baby products like shampoos, the company also sells cosmetics as well as cleaning products, a collection that was launched during the coronavirus pandemic. , depending on the deposit. It posted a net loss of $ 14.5 million on revenue of $ 301 million in 2020, compared with a loss of $ 31 million on revenue of $ 236 million the year before. . about their health and what they bring home, ”said Alba, who has appeared in films such as“ Fantastic Four ”. The offering is led by Morgan Stanley, JPMorgan Chase & Co. and Jefferies Financial Group Inc. The shares are expected to start trading next week on the Nasdaq Global Select Market under the symbol HNST. (Updates with possible value of Alba’s involvement in the first paragraph.) For more articles like this, please visit us at bloomberg.com in advance with the most trusted source of business information . © 2021 Bloomberg LP