secwatch.observer — SEC 8-K summary
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Issuer:     Karat Packaging Inc. (KRT)
CIK:        0001758021
Form:       8-K
Filed at:   2025-06-12T23:59:59+00:00
Accession:  0001213900-25-053547
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Karat Packaging management secondary offering: 1.5M shares at $27 each
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- Secondary offering of 1,500,000 shares by management selling stockholders at $27.00 per share.
- Underwriters have a 30-day option to purchase up to 225,000 additional shares from selling stockholders.
- Karat Packaging will not receive any proceeds from the offering; all proceeds go to selling stockholders.
- Expected to close on June 12, 2025, subject to customary closing conditions.
- Joint book-runners: BofA Securities and William Blair.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1758021/000121390025053547/0001213900-25-053547-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1758021/000121390025053547/ea0245434-8k_karat.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-053547

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