Late Stage Mature Pre IPO Unicorns -

Cariloha downsizes proposed IPO by nearly 30%, now seeks to raise $20M

By Val Kennedy, Cariloha (ALOHA), a marketer of bamboo-fabric apparel and linens, has downsized its proposed initial public offering by about a third to $20M. The company said in a filing Friday that it now intends to offer 2M shares priced between $9 to $11. It also plans to offer underwriters an option to purchase up to 300K[…]