Blue Apron (APRN) Files For up to $15M Share Offering
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On October 3, 2022 Blue Apron (NYSE: APRN) entered into an Equity Distribution Agreement (the “Distribution Agreement”) with Canaccord Genuity LLC, as sales agent (the “Sales Agent”), pursuant to which the Company may issue and sell shares of its Class A common stock, $0.0001 par value per share, having an aggregate offering price of up to $14,999,425 (the “Shares”), from time to time through the Sales Agent (the “Offering”). Also, on October 3, 2022, the Company filed a prospectus supplement with the Securities and Exchange Commission (the “SEC”) in connection with the Offering (the “Prospectus Supplement”) under its existing shelf registration statement, which became effective on July 23, 2020 (File No. 333-237889) (the “Registration Statement”), and the base prospectus contained therein. A copy of the Prospectus Supplement is attached hereto as Exhibit 99.1.
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