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Week of Expected Pricing 9/16/2021
Company Name DUTCH BROS INC
Proposed Ticker BROS
CUSIP 26701L100
Business Description A high growth operator and franchisor of drive-thru shops that focus on serving high QUALITY, hand-crafted beverages with unparalleled SPEED and superior SERVICE. Founded in 1992 by brothers Dane and Travis Boersma, Dutch Bros began with a double-head espresso machine and a pushcart in Grants Pass, Oregon. While espresso-based beverages are still at the core of what we do, Dutch Bros now offers a wide variety of unique, customizable cold and hot beverages that delight a broad array of customers.
Lead Underwriter BofA Securities, Inc, J.P. Morgan Securities LLC, Jefferies LLC
Co-Managers AmeriVet Securities Inc, Barclays Capital Inc, Cowen and Company, LLC, Penserra Securities LLC, Piper Sandler & Co R. Seelaus & Co., LLC, Robert W. Baird & Co. Incorporated, Stifel Nicolaus & Company, Incorporated, Tribal Capital Markets, LLC, William Blair & Company, L.L.C.
Initial Shares 2,10,52,632
Revised Initial Shares N/A
Initial Price $18.00-$20.00
Revised Price N/A
Final Price $23.00
Final Ticker BROS

 

 

   
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