Kraft Heinz (KHC) Announces Up to 30.6M Share Secondary Offering

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Kraft Heinz (KHC) Prices $1.1B Secondary Stock Offering

November 18, 2021 5:01 PM EST

The Kraft Heinz Company (Nasdaq: KHC) today announced the pricing of the previously announced underwritten registered public offering (the Offering) by certain affiliates of 3G Global Food Holdings LP of 30,596,465 shares of Kraft Heinz common stock (the Common Stock) pursuant to Kraft Heinzs shelf registration statement filed with the Securities and Exchange Commission (the SEC). Gross proceeds from the Offering of Common Stock are approximately $1.1 billion. The Company will not receive any proceeds from the... More

Kraft Heinz (KHC) Stock Falls 2% a Larger Holder 3G to Unload 30.6 Million Shares in Secondary Offering

November 17, 2021 5:47 PM EST

The Kraft Heinz Company (Nasdaq: KHC) shares fell 2% after-hours Wednesday after the announced it will offer 30,596,465 shares of its common stock in a secondary offering for a selling shareholder, where BofA Securities is acting as the sole underwriter.

The selling shareholder was... More