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Healthy Lifestyle Brand HONEST COMPANY Files for $100 Million US IPO

Esther Thin

Honest Company Inc, a healthy lifestyle brand, has filed Form S-1 Registration Statement on April 9, 2021 with the U.S. Securities and Exchange Commission to raise up to $100 million IPO. Pricing terms are yet to announce.

The company is a digitally native, mission-driven brand focused on leading the clean lifestyle movement, creating a community for conscious consumers and seeking to disrupt multiple consumer product categories.

The Los Angeles, California-based company was founded in 2012 and booked $301 million in sales for the 12 months ended December 31, 2020. It plans to list on the Nasdaq Global Select Market under the symbol “HNST.” Morgan Stanley, J.P. Morgan, Jefferies, BofA Securities, Citi, William Blair and Guggenheim Securities are underwriters of the IPO.

The company engages Cooley LLP, as US Securities Counsel, and PricewaterhouseCoopers LLP as Independent Auditor.

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