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Allbirds, a sustainable shoe company, plans to offer more than 19M shares, with an estimated price range of $12 to $14. The shoemaker will sell 15.38Mn shares while 3.84M shares will be offered by certain existing stockholders, according to an amended filing.
Sustainable-sneaker maker Allbirds filed for an IPO using the ESG-focused route and said it aims to "reverse climate change" through better business.