- $4 has confidentially filed with US regulators for an initial public offering, according to a $4, Tuesday.
- The vegan milk company is backed by Oprah Winfrey and Jay-Z, among others.
Oatly sales have spiked during the pandemic.- $4
$4, the $4 including Oprah Winfrey and Jay-Z, has confidentially filed for an initial public offering with US regulators, according to a statement from the $4 on Tuesday.
The planned listing will take place after a review process by the Securities and Exchange Commission. The filing offered no additional details.
The
Before the pandemic, consumption of dairy milk $4, as the preference for $4. Once the lockdowns began in the US, sales of oat milk spiked $4, according to Nielsen. Consumers stocked their pantries with the alternative plant-based milk known to have a longer shelf-life.
Oatly, which entered the US in 2017, has also partnered with $4 as well as other cafes throughout the US. The popular brand, which also makes ice cream and yogurt, can be found grocery stores as well.
In July 2020, the company $4 from a group of investors led by Blackstone, Oprah Winfrey, Natalie Portman, and former Starbucks CEO Howard Schultz at a valuation of $2 billion. The company earlier this month has been speculated to go public this year, $4.