Asian Tech Press (OCT 21) -- Coconut water brand Vita Coco, a producer of coconut beverages, plans to go public on Nasdaq on Oct.21, under the ticker symbol "COCO," with the IPO offering price set at $15 per share, which is below the pricing range (previously expected to be priced at $18-21 per share). The company is valued at about $833 million in the IPO, according to the company's filing with the U.S. SEC.

Vita Coco's products include coconut water, coconut oil, coconut milk products, and the plant-based energy drink RUNA.

The company is the leading coconut water brand in the U.S., with a 46 percent market share in the country, while the second-place brand has only a 10 percent market share.