HumanCo Acquisition Corp.

HumanCo Acquisition Corp.

HMCO
HumanCo Acquisition Corp.US flagNASDAQ Capital Market
10.06
USD
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Capital Structure

FRC

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

APIChat
Sector
Financial Services
Industry
Shell Companies
Address
PO Box 90608 Austin TX United States of America 78709
IPO Date
Jan 28, 2021
Business
HumanCo Acquisition Corp. (HMCO) is a blank check company formed in 2020 and headquartered in Austin, Texas, whose purpose is to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses, primarily targeting opportunities in the health and wellness ecosystem and related industries across the United States. As a special purpose acquisition company sponsored by the mission-driven private holding company HumanCo, it focuses on businesses that promote healthier living and sustainability through cleaner, real-ingredient products free from gluten, grains, GMOs, seed oils, and synthetic techno-foods; its strategic scope aligns with HumanCo's portfolio of brands including True Food Kitchen, which offers wellness-driven dining with fresh, seasonal, anti-inflammatory cuisine backed by integrative medicine principles; Grove Collaborative, a certified B Corp providing over 150 eco-friendly household cleaning, personal care, laundry, clean beauty, baby, and pet care products via a plastic-neutral subscription model aiming for 100% plastic-free operations by 2025; legacy brands such as Coconut Bliss organic non-dairy frozen desserts, Monty's plant-based spreads, and Against the Grain grain-free pizzas, breads, rolls, bagels, and baking mixes; alongside incubated offerings like Snow Days frozen comfort foods. The company completed an upsized $250 million initial public offering in December 2020 on Nasdaq, supplemented by a private placement to CAVU Venture Partners; it operates amid HumanCo's ongoing brand-building initiatives, including a 2021 majority stake acquisition in Against the Grain and $35 million bridge funding round backed by investors such as Scarlett Johansson, Indra Nooyi, Oprah Winfrey, and Venus Williams, with recent emphasis on partnerships like those expanding True Food Kitchen's experiential healthy dining and Grove Collaborative's sustainable goods to broader markets.