Dutch Bros closes IPO; issues 71M+ shares of multiple classes; adopts new charter and equity plan

Dutch Bros Inc.

Issued 43,477 Class A, 71,408,045 Class B, 71,122,983 Class C, and 17,036,337 Class D shares in connection with IPO and Reorganization.
Entered into Third Amended LLC Agreement, Tax Receivable Agreements, Registration Rights, and Stockholders Agreements.
Adopted 2021 Equity Incentive Plan for employees, officers, directors, and consultants.
Amended and Restated Certificate of Incorporation and Bylaws effective upon IPO closing.
IPO proceeds used to purchase Class A Common Units from Company and certain existing members.

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