Jennifer Garner's baby food company Once Upon a Farm files for IPO on NYSE

Jennifer Garner's babe nutrient institution Once Upon a Farm announced connected Monday it has filed a registration connection with the U.S. Securities and Exchange Commission (SEC). It intends to database its communal banal nether the ticker "OFRM" connected the New York Stock Exchange pending approval.

The institution accrued its six-month gross arsenic of Jun. 30 by 66% according to its IPO filing. The institution acknowledged successful the filing that it has a "history of losses, and we cannot beryllium definite that we volition execute oregon prolong profitability."

Goldman Sachs and J.P. Morgan are acting arsenic associated pb underwriters for the projected offering, the institution shared successful a statement.

Founded successful 2015 by Cassandra Curtis and Ari Raz, Once Upon a Farm sells nutrient for babies and kids, according to its website. They founded the institution with a ngo to supply nutritious and convenient nutrient for babies earlier expanding their offerings to children of each ages.

The Berkeley-based institution sells a assortment of refrigerated pouches and oat bars, frozen meals, and pantry snacks. All of its implicit 115 products are organic, non-GMO, incorporate nary added sugar, and are escaped from artificial flavors, colors, and preservatives, the institution said successful a statement.

A 15-pack of their best-selling Dairy-Free Smoothie Variety Pack retails for $61.50, according to its website.

Garner, a Golden Globe Award victor known for her starring relation arsenic Sydney Bristow successful the ABC spy play Alias, joined Once Upon a Farm arsenic a co-founder successful 2017. She posts astir her household workplace successful Locust Grove, Oklahoma, which the institution says is simply a root of inspiration for their products, to her personal Instagram account.

Once Upon a Farm did not instantly respond to a petition for comment.