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Allbirds Priced, Nasdaq: BIRD

Sustainable footwear brand sold direct to consumer.

Industry: Consumer Discretionary

Latest Trade: $11.09 +0.03 (+0.3%)

First Day Return: +92.6%

Return from IPO: -96.3%

Industry: Consumer Discretionary

Allbirds is a global lifestyle brand that innovates with naturally derived materials to make better footwear and apparel products in a better way, while treading lighter on our planet. We began our journey in 2015 with three fundamental beliefs about the emerging generation of consumers: first, these consumers recognize that climate change is an existential threat to the human race; second, these consumers connect their purchase decisions with their impact on the planet, demanding more from businesses; and third, these consumers do not want to compromise between looking good, feeling good, and doing good. When our founders established Allbirds, they set out to create a purpose-native company built upon a system that leverages nature in a responsible way -- every aspect of our company is woven together with this mission, fueling a thriving financial business. While many businesses see tension between profit and purpose, we see opportunity. We became a public benefit corporation, or PBC, under Delaware law and earned our B Corporation, or B Corp, certification in 2016, codifying how we take into account the impact our actions have on all of our stakeholders, including the environment, our flock of employees, communities, consumers, and investors. The more sustainable we are, the better we believe our products and business will be. We are proud of the alignment of financial and environmental benefits from our work, and that we are able to serve as a driving force in a new age of sustainable enterprise.
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IPO Data
IPO File Date 08/31/2021
Offer Price $15.00
Price Range $12.00 - $14.00
Offer Shares (mm) 20.2
Deal Size ($mm) $303
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 11/02/2021
Offer Price $15.00
Price Range $12.00 - $14.00
Offer Shares (mm) 20.2
Deal Size ($mm) $303
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Morgan Stanley
J.P. Morgan
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Company Data
Headquarters San Francisco, CA, United States
Founded 2015
Employees at IPO 546
Website www.allbirds.com

Allbirds (BIRD) Performance