Founded in 2011, California-based Impossible Foods specialises in plant-based meat and is best known for its Impossible Burger (I tried it when I was in the U.S. a couple of years ago and thought it was great ).
Impossible is privately owned and recently ranked fourth on a list of America’s fastest grown brands.
According to the report, 35% of Americans said they are familiar with the brand - probably thanks to its deal with Burger King to supply the chain with an Impossible Whopper.
Its main competitor is Beyond Meat, one of the most requested stocks on Freetrade. The stock price has recovered after rising over 200% and then crashing in its first few months as a public company:
I’m personally excited about the prospect of an Impossible IPO.
Would you invest in Impossible Foods if it went public?
Freetrade does not provide investment advice and individual investors should make their own decisions or seek independent advice. The value of investments can go up as well as down and you may receive back less than your original investment. Tax laws are subject to change and may vary in how they apply depending on the circumstances.