News Image

Karat Packaging Inc. Announces Proposed Secondary Offering of Common Stock

Provided By GlobeNewswire

Last update: Jun 10, 2025

CHINO, 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 Karat’s common stock by certain members of the Company’s 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 Karat’s common stock offered in the offering from the Selling Stockholders.

Read more at globenewswire.com

KARAT PACKAGING INC

NASDAQ:KRT (8/8/2025, 4:30:02 PM)

After market: 25.06 0 (0%)

25.06

-1.68 (-6.28%)



Find more stocks in the Stock Screener

Follow ChartMill for more