OCEANSIDE, Calif., May  07, 2026  (GLOBE NEWSWIRE) -- Suja Life, Inc. today announced the pricing of its initial public offering of 8,888,889 shares of its Class A common stock (&#34;Class A Common Stock&#34;) which are being

SUJA

Suja Life Announces Pricing of Initial Public Offering

Suja Life IPO Set to Raise $173.6 Million; Trading Begins Soon

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>OCEANSIDE, Calif., May  07, 2026  (GLOBE NEWSWIRE) -- Suja Life, Inc. today announced the pricing of its initial public offering of 8,888,889 shares of its Class A common stock (&amp;#34;Class A Common Stock&amp;#34;) which are being</p>
  </section>

  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>Suja Life, Inc. has priced its IPO at $21.00 per share, aiming to raise approximately $173.6 million. The funds will be utilized for debt repayment, executive bonuses, and operational needs, with shares set to start trading on May 7, 2026, under the ticker &#039;SUJA&#039;.</p>
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  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>Suja Life prices IPO at $21.00 per share, raising $173.6 million.</li><li>Shares to trade on Nasdaq under symbol &#039;SUJA&#039; starting May 7, 2026.</li><li>IPO completion expected May 8, 2026; underwriters have purchase options.</li><li>Proceeds will settle debt, pay bonuses, and fund business operations.</li><li>Suja operates a high-pressure processing facility with organic produce.</li></ul>
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  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>Goldman Sachs &amp; Co. LLC (GS)</strong>: Serves as joint lead bookrunning manager for the IPO.</li><li><strong>Jefferies (JEF)</strong>: Also acting as a bookrunning manager in the offering.</li><li><strong>William Blair (WBC)</strong>: Participates as a joint lead bookrunning manager for the offering.</li><li><strong>BofA Securities (BAC)</strong>: Involved as a bookrunning manager, influencing investor sentiment.</li><li><strong>Evercore ISI (EVR)</strong>: Acting as a bookrunning manager in the IPO process.</li></ul>
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  <section data-block="category">
    <h3>Corporate Developments</h3>
    <p>This falls under &#039;Corporate Developments&#039; as it relates to Suja&#039;s IPO, an important financial milestone enhancing its market presence and operational capabilities.</p>
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  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>Net proceeds of $173.6 million could strengthen SUJA&#039;s financial position.</li><li>Debt repayment of $141.3 million reduces financial leverage risk.</li><li>Market reaction expected as shares begin trading on May 7, 2026.</li><li>Potential volatility in early trading as investors assess the valuation.</li></ul>
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  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>Suja&#039;s IPO priced at $21.00 per share.</li><li>8,888,889 shares are being offered with a 30-day underwriter option for 1.33 million shares.</li><li>Expected to close May 8, 2026, after customary conditions.</li><li>Net proceeds will reach approximately $173.6 million after expenses.</li><li>Company operates a facility processing 1 million pounds of organic produce weekly.</li></ul>
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  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>Consider buying SUJA post-IPO as strong fundamentals favor growth.</p>
  </section>
</section>


<link type="text/css" rel="stylesheet" href="https://www.globenewswire.com/styles/gnw_nitf.css"></link><p>OCEANSIDE, Calif., May  07, 2026  (GLOBE NEWSWIRE) -- Suja Life, Inc. today announced the pricing of its initial public offering of 8,888,889 shares of its Class A common stock ("Class A Common Stock") which are being offered by Suja Life as described in the registration statement on Form S-1 filed with the U.S. Securities and Exchange Commission (the "SEC"), at a public offering price of $21.00 per share. Suja Life has granted the underwriters a 30-day option to purchase up to an additional 1,333,333 shares of Class A Common Stock at the initial public offering price, less the underwriting discounts and commissions.</p>  <p>The shares are expected to begin trading on The Nasdaq Global Select Market on May 7, 2026 under the ticker symbol "SUJA." The offering is expected to close on May 8, 2026 subject to customary closing conditions.</p>  <p>Upon completion of the initial public offering, Suja Life will be the sole general partner of Suja Life Holdings, L.P. ("Holdings LP") and will exclusively operate and control all of its business and affairs.</p>  <p>Suja Life will receive net proceeds of approximately $173.6 million after deducting the underwriting discounts and commissions but before estimated expenses and intends to use the net proceeds received from this offering to acquire, directly or indirectly through one or more wholly owned subsidiaries newly issued LP units in Holdings LP at a purchase price per LP unit equal to the initial public offering price per share of Class A Common Stock, less the underwriting discounts and commissions.</p>  <p>Holdings LP will, in turn, use the balance of the net proceeds it receives from Suja Life (i) to repay $141.3 million of outstanding borrowings under its credit agreement, (ii) to pay approximately $17.5 million in cash payments to certain employees and directors of Holdings LP in connection with the settlement of time-based vesting incentive units, in partial satisfaction of certain transaction bonus agreements and in connection with celebratory cash awards in respect of the closing of this offering and (iii) to pay expenses incurred in connection with this offering and the related organizational transactions.</p>  <p>Goldman Sachs &amp; Co. LLC, Jefferies, and William Blair are acting as joint lead bookrunning managers for the proposed offering. BofA Securities and Evercore ISI are acting as bookrunning managers for the proposed offering.</p>  <p>A registration statement relating to these securities was declared effective by the SEC on May 6, 2026. This press release does not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.</p>  <p>Copies of the final prospectus related to this offering, when available, may be obtained from: Goldman Sachs &amp; Co. LLC, Attention: Prospectus Department, 200 West Street, New York, NY 10282, or by telephone at (866) 471-2526, or by email at <a href="https://www.globenewswire.com/Tracker?data=2Gwpu45hUPVErA3NK3IRMtl5UkDbakRiPFHbHQDqmjSW7ewFEBVnHuXWZ09OhaxDFI2nsf4NXzH-keFhht69oq9XWu_mmMS7CBjB1n8z2yB-omqmi9Ynffaub16v2W5Z" rel="nofollow" target="_blank">prospectus-ny@ny.email.gs.com</a>; or Jefferies LLC, Attention: Equity Syndicate Prospectus Department, 520 Madison Avenue, New York, New York 10022, by telephone at 1-877-821-7388, or by email at <a href="https://www.globenewswire.com/Tracker?data=2Gwpu45hUPVErA3NK3IRMp_qiQNX7M5No_J2y1NzazZpve1mpTE-Vk55ZbfTNR0Mz0pLpeiakj49kIIKLo_SnlG6HNFv8C9S5iWdSKjBpNt4efXdJX9TM83xb9uKmzsahZkhEQlbu1yov58q1RWttg==" rel="nofollow" target="_blank">prospectus_department@jefferies.com</a>; or William Blair &amp; Company, L.L.C., Attn: Prospectus Department, 150 North Riverside Plaza, Chicago, Illinois 60606, by telephone at 1-800-621-0687 or by email at: <a href="https://www.globenewswire.com/Tracker?data=2Gwpu45hUPVErA3NK3IRMjZcV6mL0rvWeFilyvlqptNMIPlrME2ECFaXVcZfLyBrW9F-aw5gLYi5_DjWPcFJ3i74HMKOO2rrag_9VifqpKUvs03fBPq7yb_ITgRrN0F4" rel="nofollow" target="_blank">prospectus@williamblair.com</a>.</p>  <p><strong>About Suja Life</strong><br></br>At Suja Life, we&#39;re changing what beverages bring to the table. We make organic, cold-pressed juices, wellness shots, and better-for-you sodas that deliver real functional benefits, exceptional taste, and high-quality ingredients, because we believe beverages should be as delicious as they are good for you. Our three brands – Suja Organic, Vive Organic, and Slice Soda – reach consumers through thousands of retail doors nationally. We operate a vertically integrated high-pressure processing and cold-pressed beverage facility, processing approximately 1 million pounds of organic produce each week and moving from farm to bottle in as few as eight days. With category-leading brands, a dedication to operational excellence, and a proven innovation engine, Suja Life is positioned at the front of the growing natural healthy beverage space.</p>  <p><strong>Contact:</strong><br></br>ICR, Inc.<br></br><a href="https://www.globenewswire.com/Tracker?data=__z1s9_rufSy2B6lF7BoTEvKtlBh1NApuCa2wRfLrIKLfegfh-eDvWUQWK8GioeuXiSMXW6Ffszzk4gJjG0Tu5yXg4LqIyF7WYWpdXa0EEM=" rel="nofollow" target="_blank">sujalife@icrinc.com</a></p> <img alt="" class="__GNW8366DE3E__IMG" src="https://www.globenewswire.com/newsroom/ti?nf=OTcxNTIyOCM3NTg5NDM1IzIzMDczNzQ="></img> <br></br><img alt="" src="https://ml.globenewswire.com/media/OTg4YWIzNjQtZmZlZi00MTQ1LTkwMTAtNWRhMDU5OTRhY2QxLTEzMTg5MjQtMjAyNi0wNS0wNy1lbg==/tiny/Suja-Life-Inc-.png" referrerpolicy="no-referrer-when-downgrade"></img><p><a href="https://www.globenewswire.com/NewsRoom/AttachmentNg/9022887d-dd69-416f-9a4b-ce5e546d75e4"><img src="https://ml.globenewswire.com/media/9022887d-dd69-416f-9a4b-ce5e546d75e4/small/suja-life-horizontal-black-1-png.png" border="0" width="150" height="61" alt="Primary Logo"></img></a></p>

Suja Life, Inc. has priced its IPO at $21.00 per share, aiming to raise approximately $173.6 million. The funds will be utilized for debt repayment, executive bonuses, and operational needs, with shares set to start trading on May 7, 2026, under the ticker 'SUJA'.

Suja Life Announces Pricing of Initial Public Offering

AI Summary

Sentiment Rationale

Trading Thesis

Market-Moving

Key Facts

Companies Mentioned

Corporate Developments

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