other material
confidence high
sentiment neutral
materiality 0.60
Kura Sushi closes $68M public offering of 800,328 shares at $85/share, net proceeds $64.6M
KURA SUSHI USA, INC.
- Closed offering of 800,328 shares at $85.00 per share, including full over-allotment exercise.
- Net proceeds of approximately $64.6 million after underwriters' discount.
- Proceeds to be used for general corporate purposes, capital expenditures, and working capital.
- Underwriters: William Blair, Barclays, TD Securities as joint book-running managers.
- Offering made under effective shelf registration statement filed with the SEC.