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OFRM — Once Upon A Farm Pbc News Story

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Consumer DefensivesSpeculativeMid CapNeutral

Jennifer Garner's Once Upon a Farm jumps after first-day pop

** Shares of children's organic food firm Once Upon a Farm OFRM.N, co-founded by actor Jennifer Garner, up 17.3% premarket to $24.70 after strong NYSE debut

** Berkeley, California-based firm on Fri finished up 17% at $21.05 after $198 mln IPO priced at $18, as consumer IPOs show signs of a revival

** As of Fri close, OFRM had market value approaching $850 mln based on total shares outstanding noted in the prospectus

** Along with increased optimism around consumer-focused IPOs, proceeds for U.S. new listings seen quadrupling to a record $160 bln this year as marquee names such as SpaceX, OpenAI and Anthropic edge closer to public debuts

(Lance Tupper is a Reuters market analyst. The views expressed are his own)

((lance.tupper@tr.com 1-646-279-6380))

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