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Week of Expected Pricing 4/15/2021
Company Name KARAT PACKAGING INC
Proposed Ticker KRT
CUSIP 48563L101
Business Description A rapidly-growing specialty distributor and select manufacturer of environmentally-friendly disposable foodservice products and related items. We are a nimble supplier of a wide range of products for the foodservice industry, including food and take out containers, bags, tableware, cups, lids, cutlery, straws, specialty beverage ingredients, equipment, gloves and other products. Our products are available in plastic, paper, biopolymer-based and other compostable forms.
Lead Underwriter Stifel Nicolaus & Company, Incorporated, Truist Securities, Inc, William Blair and Co., L.L.C.
Co-Managers D.A. Davidson and Co, National Securities Corp
Initial Shares 39,50,000
Revised Initial Shares N/A
Initial Price $18.00-$20.00
Revised Price N/A
Final Price $16.00
Final Ticker KRT

 

 

   
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