Karat Packaging (KRT) Announces Proposed Secondary Offering of Common Stock
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Karat Packaging Inc. Announces Proposed Secondary Offering of Common Stock
June 10, 2025 4:01 PM EDTCHINO, Calif., June 10, 2025 (GLOBE NEWSWIRE) -- Karat Packaging Inc. (Nasdaq: KRT) (Karat or the Company), a specialty distributor and manufacturer of disposable foodservice products and related items, today announced the commencement of a proposed underwritten public offering of 1,500,000 shares of Karats common stock by certain members of the Companys management team (the Selling Stockholders). The Selling Stockholders will also grant the underwriter a 30-day option to purchase up to an additional 225,000 shares of Karats common stock offered in the offering from the Selling Stockholders.
Karat is not offering... More
