Impossible Foods Is Reported to Be Planning a $10 Billion IPO
Impossible Foods is gearing up for the biggest IPO in plant-based history if it can actually pull off plans for an initial stock offering that would be worth $10 billion. The plant-based meat company is eyeing a public listing within the next year according to sources familiar with the company's intentions. Sources told Reuters that Impossible is also contemplating a potential merger with a Special Purpose Acquisition Company or SPAC. The plant-based burger company’s potential price would be significantly higher than the current value of the company which is $4 billion. Within the last ...