{"url_path":"/sec/suja/10-q/2026/item-2","section_key":"item-2","section_title":"Item 2 UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS","topic":"sec","document":{"doc_type":"10-Q","doc_date":"2026-06-09","source_url":"https://www.sec.gov/Archives/edgar/data/1934114/0001628280-26-041958-index.html","accession_number":"0001628280-26-041958","cik":"0001934114","ticker":"SUJA","issuer_name":"SUJA LIFE, INC.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1934114/0001628280-26-041958-index.html","primary_entity_key":"0001934114","primary_entity_name":"SUJA LIFE, INC."},"word_count":286,"has_tables":true,"body_markdown":"ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS\n\nUnregistered Sales of Equity Securities\n\nNone.\n\nUse of Proceeds from Registered Securities\n\nOn May 8, 2026, we completed the IPO of 8,888,889 shares of our Class A common stock in exchange for proceeds of approximately $173.6 million, at the IPO price of $21.00 per share, less $13.1 million of underwriting discounts and commissions but before offering expenses payable by us. The offer and sale of all of the shares in the IPO were registered under the Registration Statement on Form S-1 (File No. 333-294971) declared effective on May 6, 2026.\n\nThe representatives of the several underwriters of the IPO were Goldman Sachs & Co. LLC, Jefferies LLC and William Blair & Company, L.L.C.\n\nThe proceeds from the IPO were used for the purchase of 8,888,889 newly issued LP units in Holdings LP at a purchase price per LP unit equal to the initial offering price per share of Class A common stock in the IPO, less the underwriting discount. In turn, Holdings LP applied the proceeds it received from us and $1.4 million of cash on hand, (i) to repay $142.6 million of outstanding borrowings under our Credit Agreement, (ii) to pay approximately $17.5 million in cash payments to certain employees in connection with the settlement of time-based vesting incentive units, in partial satisfaction of certain transaction bonus agreements and in connection with celebratory cash awards in respect of the consummation of the IPO, including $2.6 million, $1.7 million, and $1.7 million to our Chief Executive Officer, Chief Financial Officer and Chief Operations Officer, respectively, and (iii) to pay approximately $14.9 million of expenses incurred in connection with the IPO and the related organizational transactions."}