Quick Take
Laird Superfood (LSF) has filed to raise $41.8 million in an IPO of its common stock, according to an S-1 registration statement.
The firm sells plant-based natural foods and related products to consumers.
LSF looks to be well positioned to sell its products to younger demographic consumers in the U.S., but the IPO appears pricey to me.
Interested investors may wish to watchlist the stock and wait for a lower entry point post-IPO.
Company & Business
Sisters, Oregon-based Laird was founded to source and develop plant-based and functional food and