11 unchanged sentences
Comparative Stock Performance Graph
−Removed: The following performance graph shows a comparison from May 5, 2021 (the date our common stock commenced trading on the Nasdaq Global Select Market) through December 31, 2021, of the cumulative total return for our common stock, the S&P 500 Index and the Russell 2000 Consumer Staples Index.
−Removed: The graph assumes an initial investment of $100 on May 5, 2021.
−Removed: The comparisons in the graph are not intended to forecast or be indicative of possible future performance of our common stock.
−Removed: The performance graph and related information shall not be deemed “soliciting material” or to be “filed” with the SEC, nor shall such information be incorporated by reference into any future filing under the Securities Act or Exchange Act.
+Added: Under SEC rules and regulations, as a smaller reporting company, we are not required to provide the information required by this item.
Recent Sales of Unregistered Equity Securities
Use of Proceeds
−Removed: Use of Proceeds from the IPO
−Removed: On May 4, 2021, our Registration Statement on Form S-1, as amended (File No.
−Removed: 333-255150) was declared effective in connection with our IPO, pursuant to which we issued and sold an aggregate of 6,451,613 shares of our common stock, and certain existing stockholders sold an aggregate of 23,226,437 shares of our common stock, including the full exercise of the underwriters’ option to purchase additional shares, at a price to the public of $16.00 per share.
−Removed: Morgan Stanley & Co.
−Removed: Morgan Securities LLC and Jefferies LLC acted as representatives of the underwriters for the offering.
−Removed: The IPO closed May 7, 2021.
−Removed: We received net proceeds of approximately $91.1 million, after deducting underwriting discounts and commissions of $6.7 million and offering expenses of $5.4 million.
−Removed: No payments for such expenses were made directly or indirectly to (i) any of our officers or directors or their associates, (ii) any persons owning 10% or more of any class of our equity securities or (iii) any of our affiliates.
−Removed: The net proceeds from our IPO have been invested in investment grade, interest-bearing instruments.
−Removed: There has been no material change in the expected use of the net proceeds from our IPO as described in our Prospectus.
Issuer Purchases of Equity Securities
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.