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Pax Labs (stylized as PAX Labs) is an American electronic vaporizer company founded in 2007 that markets the Pax vaporizers. [1] The company developed the Juul (pronounced jewel [ 2 ] ) e-cigarette. Juul Labs was spun out as a separate company in 2017.
PAX Labs: 1.7 April 2019 [341] Cannabis: United States Taihe Music Group 1.7 June 2018 [140] ... IPO 73 China Cheng Wei: Facebook 50 January 2011 May 2012 [609] IPO 104
Juul Labs was co-founded by Adam Bowen and James Monsees [9] as part of Pax Labs and started selling the Juul device in 2015. In 2017, Juul Labs was spun off from Pax Labs, [10] after which Altria acquired a 35% stake in the company for $12.8 billion on December 20, 2018. [11] [12] Juul received a $2 billion bonus to distribute among its 1,500 ...
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PAX Labs has a new CEO. The company, which makes loose-leaf vaporizers, has brought on Bharat Vasan as Chief Executive Officer. Vasan has spent the last 15 years in consumer hardware, serving as ...
An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors [1] and usually also to retail (individual) investors. [2] An IPO is typically underwritten by one or more investment banks , who also arrange for the shares to be listed on one or more stock exchanges .
Astera boosted the size and price of its IPO on Monday: The company offered 19.8 million shares at $32 to $34, up from the 17.8 million shares it had planned to sell at $27 to $30. Such increases ...
Adam Bowen (born 1974/1975) is an American businessman, and the co-founder (with James Monsees) and currently advisor at Juul Labs, an electronic cigarette company. Bowen earned a BA in physics from Pomona College, followed by an MS in product design from Stanford University. [2] Bowen and Monsees founded vaporizer company Pax Labs in 2007 ...