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Karooooo Ltd. completed its initial public offering on NASDAQ on April 1, 2021, pricing at $28.00 a share.
| Ticker | KARO |
|---|---|
| Exchange | NASDAQ |
| Status | Completed |
| Listing date | April 1, 2021 |
| Offering price | $28.00 |
| Shares offered | 1,050,000 |
| Total raised | $29M |
Karooooo Ltd. sold 1,050,000 shares at $28.00 each on NASDAQ. Multiplied out, that is $29.4 million in gross proceeds, the figure before underwriting discounts and offering expenses, and it agrees with the $29 million total recorded for the deal.
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Source: SEC EDGAR filings for Karooooo Ltd.. This page is general information, not investment advice.