From GlobeNewswire: 2025-06-10 22:15:00

Karat Packaging Inc. (Nasdaq: KRT) announced the pricing of its secondary offering of 1,500,000 shares at $27.00 per share by certain members of the management team. The underwriters have an option to purchase up to 225,000 additional shares. The offering is expected to close on June 12, 2025, with no proceeds going to the Company. BofA Securities and William Blair & Company, L.L.C. are the joint lead book-runners for the offering. The securities are being offered under a shelf registration statement on Form S-3 filed with the SEC.

Karat Packaging Inc. is a specialty distributor and manufacturer of disposable foodservice products in the United States, offering eco-friendly options through their Karat Earth® line. The Company provides various products such as food containers, tableware, cutlery, and more. Forward-looking statements in this release caution investors about potential risks and uncertainties related to the offering. For more information, contact PondelWilkinson Inc. at 310-279-5980 or [email protected].



Read more at GlobeNewswire: Karat Packaging Inc. Announces Pricing of Secondary