Canned water company Liquid Death has tapped Goldman Sachs to lead a possible IPO as soon as next spring, The Information’s Cory Weinberg, Maria Heeter, and Erin Woo report, citing a person familiar with the matter. The move follows one of the few IPO “bake-offs,” or rather the process by which lenders vie for IPO business by pitching companies on how they would sell shares to Wall Street investors, by a venture-backed company, the authors note.
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