Once Upon a Farm completed its IPO by selling approximately 11.65 million shares at $17 each, raising gross proceeds of $198 million and implying a post-money valuation near $950 million. Net proceeds after underwriting fees are expected to support expansion of production facilities and marketing initiatives.

On its first trading day, shares opened at $19.89 and closed with a 17% advance over the IPO price, reflecting robust retail and institutional interest in its line of organic refrigerated baby and kid foods. Trading volume exceeded 2 million shares, well above typical small-cap IPO averages.

Management plans to allocate IPO proceeds toward accelerating rollout into additional retail channels, enhancing direct-to-consumer fulfillment capabilities and developing new product lines. The company projects revenue growth of over 30% for fiscal 2026, driven by expanding household penetration and international distribution agreements.