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Jennifer Garner's baby food company Once Upon a Farm files for IPO on NYSE

1. Once Upon a Farm plans to list under ticker 'OFRM' on NYSE. 2. Company's revenue increased by 66% over six months. 3. They admit to a history of losses and uncertain profitability. 4. Goldman Sachs and J.P. Morgan are underwriters for the IPO. 5. The brand focuses on organic baby and kids' food products.

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FAQ

Why Neutral?

The IPO announcement may not significantly impact major indices. Historical IPOs often have varied effects on broader markets.

How important is it?

While not directly linked to S&P 500, market sentiment and investor interest in IPOs impact it.

Why Short Term?

The IPO's initial market reaction will occur soon post-approval; longer-term growth uncertain.

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