How to Buy PRIME Hydration Stocks
Summary: PRIME Hydration, co-owned by Logan Paul, KSI, and Congo Brands, remains privately held with no plans to go public.
With first-year revenues surpassing $1.2 billion, the company’s estimated valuation ranges from $8 billion to $12 billion, attracting significant investor interest despite the lack of an upcoming IPO.
Can I Buy PRIME Hydration Stocks or Shares?
No, you cannot purchase stocks or shares of PRIME Hydration. The company remains privately held and is not listed on any stock exchange. PRIME Hydration LLC is co-owned by Logan Paul and KSI, in partnership with Congo Brands, a company led by Max Clemons and Trey Steiger.
Since its launch in 2022, PRIME Hydration has experienced rapid growth, with first-year sales exceeding $1.2 billion globally. This impressive performance has drawn interest from investors, who are closely watching for any signs that the company may pursue a public offering in the future.
Is PRIME Hydration Going to IPO?
No, PRIME Hydration has not announced any plans to go public. The company remains privately held despite its rapid growth and market success. While traditional IPOs are one way companies can go public, private companies also have alternative methods, such as Special Purpose Acquisition Companies (SPACs), direct listings, or mergers and acquisitions.
For example, the fitness brand Virgin Galactic went public through a SPAC merger in 2021. However, as of now, PRIME Hydration has made no moves in this direction.
Who Owns Prime?
PRIME Hydration is co-owned by influencers Logan Paul and KSI, in partnership with Congo Brands, led by U.S. entrepreneurs Max Clemons and Trey Steiger. This collaboration has driven PRIME Hydration’s growth as a private company, combining the strengths and industry influence of all parties involved.
PRIME Hydration Valuation
PRIME Hydration does not have a publicly traded stock or share price. However, with reported revenues of $1.2 billion, industry estimates place the company’s valuation between $8 billion and $12 billion. This range is based on an average price-to-earnings (P/E) ratio of around 5x, commonly applied to comparable brands.
What is PRIME Hydration
PRIME Hydration is a brand offering sports drinks, energy drinks, and drink mixes, developed by PRIME Hydration, LLC. Backed by YouTubers Logan Paul and KSI, the brand quickly gained popularity through social media and high-profile sports sponsorships. The hydration drinks feature 10% coconut water, electrolytes, B vitamins, and BCAAs, while the energy drinks contain 200mg of caffeine.
PRIME Hydration has established partnerships with major sports entities, including Arsenal, the UFC, and the Los Angeles Dodgers. However, the brand has also faced criticism and regulatory challenges, with its energy drinks being banned in schools in several countries due to their high caffeine content.
Bottom Line
In short, PRIME Hydration is making waves as a privately held company backed by Logan Paul, KSI, and Congo Brands. Despite all the buzz and impressive growth, they haven't hinted at going public anytime soon.
For now, investors will have to keep an eye on the brand’s progress from the sidelines, as it continues to grow and tackle the challenges of the beverage industry.