$SUJA·8-K

SUJA LIFE, INC. · May 8, 4:07 PM ET

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SUJA LIFE, INC. 8-K

Research Summary

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Updated

Suja Life Completes IPO; Underwriting Agreement and New Directors

What Happened

  • Suja Life, Inc. announced it closed its initial public offering (IPO) on May 8, 2026. The Company and Suja Life Holdings, L.P. entered an Underwriting Agreement dated May 6, 2026 with Goldman Sachs, Jefferies and William Blair as lead representatives.
  • The offering sold 8,888,889 shares of Class A common stock at $21.00 per share, and the underwriters were granted a 30-day option to buy up to an additional 1,333,333 shares. The related prospectus was filed with the SEC on May 8, 2026 under the Company’s Form S-1 (File No. 333-294971).
  • Corporate governance changes effective in early May include filing an amended and restated certificate of incorporation and adopting amended bylaws (effective May 7, 2026), and appointment of six directors on May 6, 2026: Alex Corbacho, Robert DeBorde, Randy Papadellis, Mark Partin, Kevin Schwartz and Kathy Vrabeck.

Key Details

  • Firm shares sold: 8,888,889 at $21.00 per share.
  • Over-allotment option: 1,333,333 shares exercisable for 30 days.
  • IPO closed: May 8, 2026; Certificate of Incorporation and Bylaws effective: May 7, 2026.
  • New board members named: Alex Corbacho; Robert DeBorde; Randy Papadellis; Mark Partin; Kevin Schwartz; Kathy Vrabeck.

Why It Matters

  • The 8-K confirms Suja Life is now a public company after the completed IPO, which affects share ownership, reporting obligations and liquidity for shareholders.
  • The underwriting terms and share counts show the size and pricing of the equity raise (important for dilution and capital on the balance sheet).
  • The amended certificate of incorporation, bylaws and new directors reflect the corporate governance structure that will govern Suja Life as a public company. Relevant transactional agreements (filed as exhibits) — including director designation, partnership, tax receivable, exchange agreements and a credit agreement amendment — are available in the filing for investors who want details on governance, economic rights and outstanding obligations.

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