Food & Beverage

Luckin Coffee files for US IPO

Key Points
  • The coffee chain intends to list under the symbol "LK."
A customer exits a Luckin Coffee outlet in Beijing, China, on Tuesday, Jan. 15, 2019.
Gilles Sabrie/Bloomberg | Bloomberg | Getty Images

China's Luckin Coffee on Monday filed for an initial public offering with the U.S. Securities and Exchange Commission.

The coffee chain, which intends to list under the symbol "LK" on the Nasdaq, set a placeholder amount of $100 million to indicate the size of the IPO, a filing with the regulator showed.

The size of the IPO stated in preliminary filings is used to calculate registration fees. The final IPO size could be different.

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Food & Beverage

Beyond Meat looks to raise $183.8 million in its IPO

Key Points
  • Beyond Meat expects its initial public offering to price between $19 and $21 per share.
  • The company reported revenue of $87.9 million and a net loss of $29.9 million in 2018.
  • Beyond plans to list on the Nasdaq with the ticker BYND.