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Karat Packaging Inc. IPO

Completed

Karat Packaging Inc. completed its initial public offering on NASDAQ on April 15, 2021, pricing at $16.00 a share.

Ticker	KRT
Exchange	NASDAQ
Status	Completed
Listing date	April 15, 2021
Offering price	$16.00
Shares offered	3,950,000
Total raised	$63M

The offering

Karat Packaging Inc. sold 3,950,000 shares at $16.00 each on NASDAQ. Multiplied out, that is $63.2 million in gross proceeds, the figure before underwriting discounts and offering expenses, and it agrees with the $63 million total recorded for the deal.

Company coverage

Karat Packaging Inc. — quote, profile and latest news →

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Source: SEC EDGAR filings for Karat Packaging Inc.. This page is general information, not investment advice.