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Stock impact report

Dutch Bros Inc. Announces Launch of Secondary Public Offering of Class A Common Stock

Dutch Bros Inc. (BROS) 
Company Research Source: Business Wire
GRANTS PASS, Ore.--(BUSINESS WIRE)--Dutch Bros Inc. (NYSE: BROS; “Dutch Bros” or the “Company”) today announced commencement of a registered underwritten public offering of its Class A common stock, par value $0.00001 per share (the “Common Stock”), by certain selling stockholders associated with TSG Consumer Partners, L.P. (the “Selling Stockholders”). The Selling Stockholders intend to offer 8,000,000 shares of Common Stock pursuant to a registration statement on Form S-3 filed with the Securities and Exchange Commission (the “SEC”). The Selling Stockholders also intend to grant the underwriter a 30-day option to purchase up to an additional 1,200,000 shares of Common Stock.Substantially concurrently with the consummation of this offering, the Selling Stockholders expect to distribute in kind securities convertible into 389,823 shares of Common Stock (or 448,298 shares of Common Stock if the option to purchase additional shares is exercised in full) to certain of their indirect Show less Read more
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