VC-backed Allbirds debuts IPO: CNBC

Shoe maker Allbirds has gone public after raising more than $300 million for its IPO, reported CNBC.

Shoe maker Allbirds has gone public after raising more than $300 million for its IPO, reported CNBC. The stock began trading November 3, 2021 on the NASDAQ under the ticker symbol “BIRD.” Morgan Stanley, J.P. Morgan and BofA Securities are the lead underwriters for the offering. Allbirds’ pre-IPO backers include Slow Ventures, Elephant, Lerer Hippeau Ventures, Maveron, Franklin Templeton, T. Rowe Price, Baillie Gifford, TDM Growth Partners and Rockefeller Capital Management.

Source: CNBC