---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-23-031898"
form_type: "8-K"
ticker: "BROS"
cik: "0001866581"
company_name: "Dutch Bros Inc."
filed_at: "2023-09-08T23:59:59+00:00"
generated_at: "2026-06-10T22:20:22.082233+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Dutch Bros prices 11.5M-share offering at $26/shr, gross proceeds ~$300M

## Summary
- Offering of 11,538,461 shares of Class A common stock at $26.00 per share; underwriters have 30-day option for up to 1,730,769 additional shares.
- Gross proceeds before underwriting discounts and expenses expected to be approximately $300 million; all shares sold by the company.
- Joint book-running managers: BofA Securities, J.P. Morgan, Jefferies; closing expected on or about September 12, 2023.
- Directors and executive officers subject to 60-day lock-up on selling shares without underwriter consent.
- Offering made under automatic shelf registration statement filed September 6, 2023; use of proceeds not specified.

## SEC filing metadata
- accession: 0001628280-23-031898
- form_type: 8-K
- ticker: BROS
- cik: 0001866581
- company_name: Dutch Bros Inc.
- filed_at: 2023-09-08T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1866581/000162828023031898/0001628280-23-031898-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1866581/000162828023031898/bros-20230907.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-23-031898
- JSON: https://secwatch.observer/filing/0001628280-23-031898.json
- Plain text: https://secwatch.observer/filing/0001628280-23-031898.txt

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