Sovos Brands, Inc. (SOVO) Announces 8.5M Share Secondary Offering
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Sovos Brands Announces Launch of Secondary Public Offering
August 8, 2022 4:10 PM EDTLOUISVILLE, Colo., Aug. 08, 2022 (GLOBE NEWSWIRE) -- Sovos Brands, Inc. (Sovos Brands) (Nasdaq: SOVO), one of the fastest growing food companies of scale in the United States, today announced that certain stockholders of Sovos Brands (the Selling Stockholders) intend to offer 8,500,000 shares of Sovos Brands common stock, par value $0.001 per share (the Common Stock), in an underwritten secondary public offering. The Selling Stockholders intend to grant the underwriters a 30-day option to purchase up to an additional 1,275,000 shares of Common Stock at the public offering price, less underwriting discounts and commissions. The offering consists... More
