{"id":1013303,"date":"2021-10-25T18:59:34","date_gmt":"2021-10-25T23:59:34","guid":{"rendered":"https:\/\/www.snkrsday.com\/?p=1013303"},"modified":"2021-10-26T06:17:29","modified_gmt":"2021-10-26T11:17:29","slug":"allbirds-ipo-information","status":"publish","type":"post","link":"https:\/\/www.snkrsday.com\/allbirds-ipo-information\/","title":{"rendered":"Allbirds Plans for IPO with Expected Valuation of $2 Billion"},"content":{"rendered":"\n<p>Since its founding in 2014, sustainable footwear brand <strong><a href=\"https:\/\/www.snkrsday.com\/tag\/allbirds\/\" target=\"_blank\" rel=\"noreferrer noopener\">Allbirds<\/a><\/strong> has amassed a legion of both cult and new followers in love with lightweight, minimalistic footwear. Seven years later, the brand is set to go public with a target valuation of $2.2 billion. <\/p>\n\n\n\n<p>In their recent regulatory filing, the New Zealand-American brand has prepared an offering of 19.2 million shares valued between $12 to $14 each. At the highest price, their entrance into their capital markets could result in over $269 million raised. Thus far, the brand has yet to churn a profitable year as expenses climb higher.<\/p>\n\n\n\n<p>Allbirds made a dramatic entrance into the sneaker realm with their wool sneakers and other sustainable footwear options. Earlier this year, they collaborated with juggernaut sneaker player <a href=\"https:\/\/www.snkrsday.com\/adidas\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>adidas<\/strong><\/a> on an <a href=\"https:\/\/www.snkrsday.com\/allbirds-adidas-futurecraft-footprint-release-date\/\" target=\"_blank\" rel=\"noreferrer noopener\">eco-friendly offering<\/a>. As they look to continue expanding their product mix, while also arriving at more shopping malls and store fronts, the company has slated intentions for massive growth.<\/p>\n\n\n\n<p>As more information about the IPO arises, be sure to keep it locked to Snkrs Day for all of your sneaker stories. <\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Since its founding in 2014, sustainable footwear brand Allbirds has amassed a legion of both cult and new followers in&hellip;<\/p>\n","protected":false},"author":328335,"featured_media":1013304,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1239143,2],"tags":[1257700],"cultivate_rss":[],"class_list":{"2":"type-post"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.0 (Yoast SEO v24.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Allbirds Expects Valuation of $2 Billion with Plans to IPO | Snkrs Day<\/title>\n<meta name=\"description\" content=\"Allbirds is slated to have an initial public offering as they target a valuation of $2 billion. Learn more here at Snkrs Day.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.snkrsday.com\/allbirds-ipo-information\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Allbirds Plans for IPO with Expected Valuation of $2 Billion\" \/>\n<meta property=\"og:description\" content=\"Allbirds is slated to have an initial public offering as they target a valuation of $2 billion. 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