 LOUISVILLE, Colo., Sept. 27, 2021 GLOBE NEWSWIRE -- Sovos Brands, Inc. Sovos Brands Nasdaq: SOVO announced today the closing of its initial public offering of 23,334,000 shares of its common stock at a price to the public of 12.00 per share. Gross proceeds to Sovos Brands were approximately 280.0 million, before underwriting discounts and commissions and estimated offering expenses. The common stock began trading on the Nasdaq Global Select Market on September 23, 2021. Sovos Brands has granted the underwriters a 30-day option to purchase up to an additional 3,500,100 shares of common stock at the initial public offering price, less the underwriting discounts and commissions. 