Beyond Meat, the maker of plant-based meats, has increased the size of its planned initial public offering and raised the price range, indicating a strong investor reception to the deal. The company said in a regulatory filing that it now plans to offer 9.5 million shares priced at $23 to $25 each. That compares with an earlier plan to offer 8.8 million shares priced at $19 to $21 each. The maker of the Beyond Burger, which is sold at Whole Foods and restaurant chain TGIF among others, would raise $228 million at the midpoint of that range. It has applied to list on Nasdaq under the ticker symbol “BYND.” The IPO is expected to price late Wednesday and the stock to start trading Thursday.
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