Karat Packaging Inc. Announces Proposed Secondary Offering of Common Stock
1. Karat announced a public offering of 1.5M shares by management. 2. No proceeds will go to Karat from this stock sale. 3. The offering includes a 30-day option for additional 225,000 shares. 4. BofA Securities and William Blair are leading the offering. 5. Shares are being offered under an effective shelf registration.