Duckhorn (NAPA) Stock Falls 5% on Stock Offering from Private Equity Owners TSG Consumer Partners and Other Insiders

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The Duckhorn Portfolio (NAPA) Announces 12M Share Proposed Public Offering of Common Stock

October 12, 2021 4:12 PM EDT

The Duckhorn Portfolio, Inc. ("Duckhorn") (NYSE: NAPA) today announced the commencement of an underwritten public offering of 12,000,000 shares of its common stock by certain of its stockholders (the Selling Stockholders). Additionally, the Selling Stockholders intend to grant the underwriters a 30-day option to purchase up... More