
Buda Juice Announces Full Exercise of Underwritersâ Over-Allotment Option in Connection with Initial Public Offering

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Buda Juice has announced the full exercise of its underwriters' over-allotment option in connection with its initial public offering, resulting in the issuance of an additional 399,999 shares. This brings the total shares sold to 3,066,666 at a price of $7.50 each, generating approximately $23 million in gross proceeds. The IPO closed successfully, with shares trading on the NYSE American under the symbol "BUDA". CEO Horatio Lonsdale-Hands highlighted the milestone as a significant step in Buda's growth strategy, aiming to expand its market presence and redefine fresh juice production.

