Mama’s Creations has priced a registered underwritten public offering of 5,555,556 shares of common stock at $18.00 per share, expecting gross proceeds of approximately $100 million before deducting underwriting discounts, commissions, and estimated offering expenses. The underwriters have a 30-day option to purchase up to an additional 833,333 shares, which if exercised in full would bring total gross proceeds to about $115 million. The offering is expected to close on July 1, 2026, subject to customary conditions, and the company plans to use the net proceeds for working capital and general corporate purposes, including potential acquisitions for which it currently has no arrangements or commitments. William Blair & Company and D.A. Davidson & Co. are serving as lead book-running managers, with Craig-Hallum Capital Group, Lake Street Capital Markets, and Roth Capital Partners acting as co-managers.
Mama's Creations Inc.Pricing of a $100M public offering dilutes existing shareholders.