Cotton bra company Cotton bra maker Cotton bra manufacturer Cotton bra brand Cotton bra creator Cotton bra designer Cotton bra model-specific bra company has reached a milestone as it is the first brand to go publicly on the Nasdaq.
On the NasEx, the company surpassed $100 million in sales.
The firm was founded in 2015 by the family of D.J. Houser, who died last year of cancer.
Its first stock was traded on Jan. 6, 2019, when the company sold 1.7 million shares for $1,827 per share.
The Nasdaq had reached an intraday high of $15,087.93 before the company closed at $17,939.97, according to the latest closing data from Nasdaq data.
The company also surpassed $50 million in pre-orders, and has surpassed 1 million pre-order customers in just three weeks.
Cotton bra sales have surpassed 100,000 a month, according the company’s website.
In addition to its success, the firm has raised more than $150 million in venture capital.
The company has received more than a dozen investment firms, including Sequoia Capital, Andreessen Horowitz and Union Square Ventures.