Smart for Life
General Information | |
Business: | Smart for Life, formerly known as Bonne Sante Group, is in the nutritional supplement business. We are a holding company that owns four subsidiaries: Bonne Santé Natural Manufacturing, Doctors Scientific Organica, GSP Nutrition and Nexus. Through our GSP Nutrition subsidiary, we have a licensing agreement to sell Sports Illustrated‘s branded nutritional supplements. *Note: Revenue and net loss figures are for the nine months that ended Sept. 30, 2021. (Note: Smart for Life downsized its unit IPO at pricing to 1.44 million units, down from 1.8 million units in the prospectus, and priced the IPO at $10 per unit – the mid-point of its $9-to-$11 range – to raise $14.4 million, according to the company’s announcement on Feb. 16, 2022. The stock started trading on Wednesday, Feb. 16, 2022, at midday on the NASDAQ under the symbol “SMFL,” the company said. The Series A and Series B warrants have not been listed for trading and no market for the Series A and Series B warrants is expected to develop, according to the company’s statement.)
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Industry: | Supplements - Nutriceuticals |
Employees: | |
Founded: | |
Contact Information | |
Address | 990 Biscayne Blvd., Suite 503 Miami, Florida 33132 |
Phone Number | (786) 749-1221 |
Web Address | |
View Prospectus: | Smart for Life |
Financial Information | |
Market Cap | $205.63mil |
Revenues | $13.8 mil (last 12 months) |
Net Income | $-2.8 mil (last 12 months) |
IPO Profile | |
Symbol | SMFL |
Exchange | NASDAQ |
Shares (millions): | 1.4 |
Price range | $10.00 - $10.00 |
Est. $ Volume | $14.4 mil |
Manager / Joint Managers | Dawson James Securities |
CO-Managers | - |
Expected To Trade: | 2/16/2022 |
Status: | Priced |
Quiet Period Expiration Date: | Available only to Subscribers |
Lock-Up Period Expiration Date: | Available only to Subscribers |
SCOOP Rating | Available only to Subscribers |
Rating Change | Available only to Subscribers |