BBB Foods (TBBB) said late Wednesday it launched an offering of over 13.3 million class A common shares, of which 12.6 million shares are being offered by the selling stockholders.

The company will grant the underwriters a 30-day overallotment option to buy up to an additional 1.99 million class A shares, according to a statement.

Net proceeds will be used for general corporate purposes, the company said.