Suja Life's Initial Public Offering#
Suja Life, Inc. has announced the pricing of its initial public offering (IPO) at $21.00 per share for 8,888,889 shares of Class A common stock. The company expects to raise approximately $173.6 million in net proceeds after accounting for underwriting discounts and commissions, but before estimated expenses.
Trading Details#
The shares are set to begin trading on the Nasdaq Global Select Market on May 7, 2026, under the ticker symbol "SUJA." The offering is anticipated to close on May 8, 2026, pending customary closing conditions. Additionally, Suja Life has granted underwriters a 30-day option to purchase up to an extra 1,333,333 shares at the IPO price, minus underwriting costs.
Planned Use of Proceeds#
The company plans to utilize the net proceeds to acquire limited partnership (LP) units in Suja Life Holdings, L.P. at a price equal to the IPO price per share minus underwriting costs. Holdings LP intends to use these funds to repay $141.3 million in outstanding borrowings, provide approximately $17.5 million in cash payments to certain employees and directors, and cover expenses related to the offering.
Company Overview#
Suja Life operates in the organic beverage sector, producing a variety of products including cold-pressed juices, wellness shots, and sodas under its brands Suja Organic, Vive Organic, and Slice Soda. The company processes around 1 million pounds of organic produce each week at its vertically integrated facility. The U.S. Securities and Exchange Commission (SEC) declared the registration statement effective on May 6, 2026.