22 Apr How to Invest in the Beyond Meat IPO in Canada
Note: We are not financial advisors. Investing is inherently risky.
With today’s news of Beyond Meat’s IPO launch, many Canadians may be wondering how to invest in the upcoming IPO.
“LOS ANGELES, Calif., April 22, 2019 (GLOBE NEWSWIRE) — Beyond Meat, Inc. (“Beyond Meat”), a leader in plant-based meat, announced today the launch of its initial public offering of 8,750,000 shares of common stock. The initial public offering price is expected to be between $19.00 and $21.00 per share, before underwriting discounts and commissions. In addition, the company expects to grant the underwriters a 30-day option to purchase up to an additional 1,312,500 shares of common stock at the initial public offering price, less underwriting discounts and commissions. Beyond Meat’s existing stockholders will not sell any shares in the offering. Beyond Meat has applied to list shares on the Nasdaq Global Market under the symbol “BYND.”
Here is the Beyond Meat Company Prospectus for review. Shares are expected to start trading in early May.
How you can invest in Beyond Meat in Canada.
If you have someone at the bank who handles your investments on your behalf, speak to that person, and tell them that you are interested in adding Beyond Meat to your portfolio.
If you prefer the hands-on approach and want to manage your own investments through the bank,
All the major banks have direct investing platforms that you can sign up for and they allow you to place your own trades and manage your own investments.
All of their platforms cost 10$ a trade for buy and sale.
Scotiabank ITRADE – LINK
TD Direct Investing – LINK
RBC Direct Investing – LINK
These are licensed professionals who will buy and sell stocks and other equities on your behalf.
Like the banks, they are going to take a Broker Commission.
IPO’s are exciting but always make sure to do your due diligence on any companies, and research your investment strategies and know the risks.
Investopedia is an unbelievable resource which you can spend several months or years studying and you definitely should!