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Thursday, Nov 30, 2023

Preview: Soft Drink IPO

 Zevia, an Encino-based natural beverage company, has emerged from its quiet period after going public on the New York Stock Exchange with hopes to leverage its expanding product lines, new leadership team and partnership with Walt Disney Co. to become a household name in the sugar-free drink sector.

The company has some hurdles to overcome to achieve profitability, according to its filings with the Securities and Exchange Commission, but its leadership team remains confident in its plant-based offerings.

The company raised about $150 million with its initial public offering on July 21. 

Read the full story in the Oct. 11 issue of the San Fernando Valley Business Journal. 

Katherine Tangalakis-Lippert
Katherine Tangalakis-Lippert
Katherine Tangalakis-Lippert is a Los Angeles-based reporter covering retail, hospitality and philanthropy for the San Fernando Valley Business Journal. In addition to her current beat, she is particularly interested in criminal justice topics, health and science stories and investigative journalism. She received her AA in Humanities from Moorpark College in 2016, her BA in Communication from Cal Lutheran University in 2019 and followed it up with a MA in Specialized Journalism from USC in the summer of 2020. Through her work, Katherine aspires to help strengthen the fragile trust between members of the media and the public.

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