CosmicTaco

Captain Fresh Prepares for $400M IPO with Axis Capital, BofA

CosmicTaco · 2024-10-26T08:59:45.725485+05:30

- B2B seafood chain **Captain Fresh** plans to raise $350-400M in its IPO, with 50% being fresh shares. - The company aims for a valuation of $1.3-1.5B for its public market listing. - The IPO filing is expected in the first half of 2025, with listing in the second half. - **Axis Capital** and **Bank of America** have been chosen as bankers for the IPO. - The company was founded in 2019 by Utham Gowda and has a pre-money valuation of around $500-600M. Source: [Inc42](https://inc42.com/buzz/captain-fresh-picks-axis-capital-bofa-as-bankers-for-ipo/)

B2B seafood chain Captain Fresh plans to raise $350-400M in its IPO, with 50% being fresh shares.
The company aims for a valuation of $1.3-1.5B for its public market listing.
The IPO filing is expected in the first half of 2025, with listing in the second half.
Axis Capital and Bank of America have been chosen as bankers for the IPO.
The company was founded in 2019 by Utham Gowda and has a pre-money valuation of around $500-600M.

Source: Inc42