Blue Apron (APRN) Announces $70M At-the-Market Equity Offering Program

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Blue Apron Files At-the-Market Equity Offering Program

February 10, 2023 4:35 PM EST

NEW YORK--(BUSINESS WIRE)-- Blue Apron (NYSE: APRN) today announced that it has filed a prospectus supplement to its existing shelf registration statement on Form S-3 with the Securities and Exchange Commission (SEC), under which it may offer and sell shares of its Class A common stock having an aggregate offering price of up to $70 million from time to time through an at-the-market (ATM) equity offering program.

This offering program is intended to provide the company with access to capital from time to time. The aggregate offering price of up to $70 million represents... More