Once Upon a Farm (OFRM) Go Public with $200M IPO at $18 Share Price

Once Upon a Farm, the baby food pouch company co-founded by actress Jennifer Garner, is scheduled to begin trading on the New York Stock Exchange today under the symbol OFRM. The offering sold 11 million shares at $18 each, raising approximately $200 million. The IPO implies a market cap of about $724 million. Sales reached $110.6 million in the first half of 2025, up 68% from $65.8 million in the same period of 2024, while the loss narrowed to $28.5 million from $4.2 million. Co-founder John Foraker, who previously led Annie's, said the company is on track to become profitable in the near future. Once Upon a Farm, which markets cold-pressure preserved produce, is sold at Amazon-owned Whole Foods, Walmart, Target, Costco, and Kroger.