other
confidence high
sentiment neutral
materiality 0.55
Dutch Bros secondary offering of 8M shares by TSG affiliates at $29.05/share
Dutch Bros Inc.
- Selling stockholders (TSG affiliates) selling 8,000,000 shares of Class A common stock at $29.05 per share.
- Company will not receive any proceeds from the sale.
- Underwriting agreement with Morgan Stanley as sole underwriter includes customary terms.
- Directors, executives, and selling stockholders subject to 45-day lockup on share sales.