Oat Milk Company Oatly to IPO -- Here's What Investors Need to Know
The market for plant-based milk substitutes is booming, and Oatly wants a piece of the action. The company is a pioneer and the largest seller of oat-based milk in the world, and has filed an F-1 with the Securities and Exchange Commission in advance of its initial public offering (IPO). Oatly is planning to list its American depository shares (ADS) on the Nasdaq stock exchange using the ticker OTLY.
Since this is an initial filing, Oatly hasn't yet divulged how much it hopes to raise, how many shares it will offer, or when shares will begin trading. The company is expected to debut in just weeks and could fetch a valuation in the neighborhood of $10 billion.
A barista using Oatly oat milk. Image source: Oatly.
Source Fool.com
