BRC (BRCC) said late Wednesday it has launched an underwritten public offering of class A common stock.
The beverage company plans to offer the underwriter a 30-day overallotment option to buy up to an additional 15% of shares sold in the public offering.
The proposed offering depends on market and other factors, and there is no guarantee it will be completed or finalized with the expected size or terms, the company said.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.