My Food Bag founder and shareholder Nadia Lim. Photo: Supplied via NZ HeraldMy Food Bag plans to sell up to 185 million shares in an initial public offer that values the meal kit company at just under $450m. My Food Bag says more than 10,000 customers and team members have registered to receive a priority allocation in the IPO. My Food Bag chairman Tony Carter said new funds raised would provide the business with flexibility to pursue its growth strategy. My Food Bag says it has delivered over 85 million meals to more than 300,000 households since 2013.

Source: Otago Daily Times February 11, 2021 02:03 UTC