Caribou Coffee (CBOU) Reports 5.15 Million Share Underwritten Public Offering
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Caribou Coffee Company, Inc. (NASDAQ: CBOU) today announced that a major shareholder, Caribou Holding Company Limited, is offering for sale 5,150,000 shares of the Company's common stock in an underwritten public offering.
he selling shareholder has also granted the underwriters an option to purchase up to 772,245 additional shares of common stock to cover over-allotments.
The Company will not receive any proceeds from the offering.
he selling shareholder has also granted the underwriters an option to purchase up to 772,245 additional shares of common stock to cover over-allotments.
The Company will not receive any proceeds from the offering.
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