Impossible Plans to Go Public Within 12 Months, Report Says

Impossible Foods Inc., the maker of the eponymous soy-based meat alternatives, is planning to go public in the next year, according to a Reuters report.

The faux-meat maker is exploring either an initial public offering or a merger with a so-called blank-check company, also known as a SPAC deal, according to the report, which cited people it didn’t name. The move would value the company at around $10 billion or more, according to the people it didn’t name.