Dutch Bros Inc. (BROS) Launches 8M Share Secondary Offering

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Dutch Bros Inc. Announces Launch of Secondary Public Offering of Class A Common Stock

March 21, 2024 4:36 PM EDT

GRANTS PASS, Ore.--(BUSINESS WIRE)-- Dutch Bros Inc. (NYSE: BROS; Dutch Bros or the Company) today announced commencement of a registered underwritten public offering of its Class A common stock, par value $0.00001 per share (the Common Stock), by certain selling stockholders associated with TSG Consumer Partners, L.P. (the Selling Stockholders). The Selling Stockholders intend to offer 8,000,000 shares of Common Stock pursuant to a registration statement on Form S-3 filed with the Securities and Exchange Commission (the SEC). The Selling Stockholders also intend to grant the underwriter a 30-day option to purchase up to an additional 1,200,000 shares of Common... More