---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-012720"
form_type: "8-K"
ticker: "KRUS"
cik: "0001772177"
company_name: "KURA SUSHI USA, INC."
filed_at: "2023-04-13T23:59:59+00:00"
generated_at: "2026-06-17T02:43:49.019090+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Kura Sushi closes $68.3M public offering of 1.265M shares at $54

## Summary
- Offering of 1,265,000 shares (including full exercise of underwriters' 165,000-share option) at $54.00 per share.
- Net proceeds to Kura Sushi approximately $64.9 million after underwriting discount.
- Proceeds to be used for general corporate purposes, including capital expenditures and working capital.
- Lead book-runners: Citigroup, William Blair, Barclays; co-managers: Stephens, Craig-Hallum, Roth Capital.
- Offering closed on April 13, 2023, under an effective shelf registration statement.

## SEC filing metadata
- accession: 0000950170-23-012720
- form_type: 8-K
- ticker: KRUS
- cik: 0001772177
- company_name: KURA SUSHI USA, INC.
- filed_at: 2023-04-13T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1772177/000095017023012720/0000950170-23-012720-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1772177/000095017023012720/krus-20230410.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-012720
- JSON: https://secwatch.observer/filing/0000950170-23-012720.json
- Plain text: https://secwatch.observer/filing/0000950170-23-012720.txt

## Key facts
- Material Agreements
  KURA SUSHI USA, INC. entered into Underwriting Agreement with Citigroup Global Markets Inc., William Blair & Company, L.L.C. and Barclays Capital Inc. as representatives of the Underwriters valued at 1,100,000 shares of Common Stock at $54.00 per share (effective 2023-04-10).
  - Action: entry
  - Agreement: underwriting
  - Counterparty: Citigroup Global Markets Inc., William Blair & Company, L.L.C. and Barclays Capital Inc. as representatives of the Underwriters
  - Value: 1,100,000 shares of Common Stock at $54.00 per share
  - Effective: 2023-04-10
  source text: On April 10, 2023, Kura Sushi USA, Inc. (the "Company") entered into an underwriting agreement (the "Underwriting Agreement") with Citigroup Global Markets Inc., William Blair & Company, L.L.C. and Barclays Capital Inc. as representatives of the Underwriters listed on Schedule I attached thereto (the "Underwriters").
  evidence_url: https://www.sec.gov/Archives/edgar/data/1772177/000095017023012720/0000950170-23-012720-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.