Dutch Bros Inc. (BROS) Prices 21M Share IPO at $23/sh

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Dutch Bros Inc. Announces Pricing of Initial Public Offering

September 14, 2021 6:27 PM EDT

GRANTS PASS, Ore.--(BUSINESS WIRE)-- Dutch Bros Inc. (Dutch Bros) today announced the pricing of its initial public offering of 21,052,632 shares of its Class A common stock at a price to the public of $23.00 per share. In addition, the underwriters have been granted a 30-day option to purchase up to an additional 3,157,894 shares of Class A common stock from the Company at the initial public offering price, less underwriting discounts and commissions.

The Class A common stock is expected to begin trading on The New York Stock Exchange (NYSE) under the symbol BROS on September 15, 2021, and the offering is... More