Pre-IPO Shares of Inconceivable Meals Out there at Manhattan Road Capital

Manhattan Road Capital, finest identified for its Reg A+ securities choices, is pitching shares in Inconceivable Meals, a competitor to Past Meat (NASDAQ:BYND).

As you in all probability know, Past Meat went public in mid-2019 elevating about $240 million on a valuation of $1.5 billion. Shares had been floated at $25/every. As we speak, Past Meat trades at a jaw-dropping value of $127 a share and a valuation of over $7 billion.

Clearly, the meat substitute sector is fairly scorching and Manhattan Road Capital is providing accredited traders to buy shares in Inconceivable Meals starting at $100,000 per investor. Manhattan Road Capital speculates that within the coming months or weeks, Inconceivable Meals is sure to file an S-1 and kick off the method of floating shares on an change.

The personal fairness fund is in search of as much as $27 million and traders are anticipated to carry their funding for no less than two years.

If you’re curious the personal placement memorandum is on the market right here.