Karat Packaging Inc. Announces Pricing of Secondary Offering of Common Stock
1. Karat has priced a secondary offering of 1.5 million shares at $27 each. 2. Management team members are selling shares, raising capital indirectly. 3. Offering closes on June 12, 2025, underwriters have 30-day purchase option. 4. No proceeds will go to Karat from this secondary offering. 5. The offering is made under the SEC registration statement effective since March.