Kura Sushi USA Announces Pricing of Public Offering of Common Stock
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Kura Sushi USA has announced the pricing of its public offering of 695,938 shares of Class A common stock at $85.00 per share, expecting to raise approximately $56.2 million. The offering includes an option for underwriters to purchase an additional 104,390 shares, potentially increasing proceeds to $64.6 million.
November 12, 2024 | 12:15 pm
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Kura Sushi USA has priced its public offering of 695,938 shares at $85 each, aiming to raise $56.2 million. The offering includes an option for underwriters to buy more shares, potentially increasing proceeds to $64.6 million.
The public offering is a significant equity action for Kura Sushi, potentially affecting its stock price. The offering price and potential additional shares could influence market perception and liquidity, but the impact on stock price is uncertain without further market reaction.
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