Core Insights - Once Upon a Farm PBC, co-founded by actress Jennifer Garner, experienced a 17% increase in its stock price during its trading debut, closing at $21.05 per share after raising $197.9 million in its initial public offering (IPO) [1][2] - The company achieved a market valuation of $847 million based on outstanding shares, with the IPO being oversubscribed by more than 12 times [2] Company Overview - Once Upon a Farm, based in Berkeley, California, specializes in organic kids' snacks, offering products such as no-sugar-added organic fruit and vegetable purees, bars, frozen meals, and smoothie packets [2] - The company was founded in 2015 by Cassandra Curtis and Ari Raz, with Jennifer Garner and former Annie's CEO John Foraker joining in 2017 [3] Financial Details - The IPO involved the sale of approximately 7.6 million shares, with an additional 3.4 million shares offered by selling holders, priced in the middle of the $17 to $19 range [2] - Garner has received $1 million in compensation and stock options as part of a deal from 2022, with future payments of $2 million in 2026 and 2027, and $3 million in 2028, along with a cash bonus tied to the IPO price [4] Role of Jennifer Garner - Garner plays a significant role in investor relations and company operations, emphasizing her involvement across various business aspects [5] - She has established meaningful relationships with retail partners, contributing to the company's marketing and supply chain efforts [6] IPO Timeline - The company filed for its IPO in September, but the listing was postponed until 2026 due to the longest-ever US government shutdown, which impacted the IPO process [6]