Copies of the final prospectus related to the offering may be obtained from the SEC at www.sec.gov, and from: BofA Securities, NC1-004-03-43, 200 North College Street, 3rd floor, Charlotte NC 28255-0001, Attention: Prospectus Department, or by email at dg.prospectus_requests@bofa.com Statement of Changes in Beneficial Ownership. Travis Boersma, co-founder and executive chairman of Dutch Bros, will have about 74% of the shareholder voting power after the listing through his ownership of Class B stock, which . Dutch Bros Inc. Form S-1. Piper Sandler & Co., Attention: Prospectus Department, 800 Nicollet Mall, J12S03, Minneapolis, Minnesota 55402, or by email at prospectus@psc.com or by telephone at 1-800-747-3924. . 14K subscribers in the IPO community. Dutch Bros thrived through 2020, increasing its revenue 37% to $327.4 million, according to its S-1 filing. With 471 drive-thru locations in 11 states - almost all west of the Rockies - the company's initial public offering ("IPO") last month caused lots of chatter. Announces Closing of Initial Public Offering, Including Exercise of Underwriters' Option. The IPO: The company plans to sell 21.1 million shares at a price range of $18 to . . Form S-1 filed by Dutch Bros Inc. with the security and exchange commission. Founded in 1992, Dutch Bros has grown from a single mobile kiosk in Oregon to a national network of drive-thru coffee shops in the US. According to a Bloomberg report in May 2021, Dutch Bros Coffee could reportedly be worth up to $3bn. Industry: Consumer Discretionary. Dutch Bros is a high growth operator and franchisor of drive-thru shops that focus on serving high QUALITY, hand-crafted beverages with unparalleled SPEED and superior SERVICE. Dutch Bros is a high growth operator and franchisor of drive-thru shops that focus on serving high QUALITY, hand-crafted beverages with unparalleled SPEED and superior SERVICE. Moreover, the company raised $515 from the IPO according page 22 of the prospectus. Prospectus Department, 800 Nicollet Mall, J12S03, Minneapolis, . 4. Currently, Dutch Bros has 163.234 million shares outstanding, as seen on page 22 of the prospectus. Behind the numbers is a heart warming success story of a fine company with a very long runway for growth, generating compelling store level economics, to come public with one of the very highest valuations among publicly held restaurant companies. After adding in 3.158 million shares from selling brokers, the total number of Class A . . GRANTS PASS, Ore.- (BUSINESS WIRE)-Dutch Bros Inc. ("Dutch Bros") today announced the pricing of its initial public offering of 21,052,632 shares of its Class A common stock at a price to the public of $23.00 per share. Return from IPO: +74.3%. Dutch Bros now operates more than 470 cafes in 11 states, with its same-shop sales figures having grown 2% in 2020 through the pandemic, according to the prospectus. . DUTCH BROS. Dutch Bros, its IPO pending, to trade as (BROS), has filed a preliminary prospectus. Behind the numbers is a heart warming success story of a fine company with a very long runway for . View Prospectus: Dutch Bros Inc. Financial Information: Market Cap: $3137.09mil: Revenues: $399.56 mil (last 12 months) Net Income: $6.29 mil (last 12 . Dutch Bros Inc. Form S-1/A. Therefore, it has net cash of $285 million. Dutch Bros also had $198 million in senior secured debt and $25 million in revolving debt based on page 64 of the prospectus. After adding in 3.158 million shares from selling brokers, the total number of Class A . This prospectus includes certain historical combined and consolidated financial and other data for Dutch Bros OpCo (as defined herein). For IPO Boutique's "scale of 1 to 5" BUY rating on Dutch Bros Inc., and our comprehensive analysis, click "Buy Market Research". The announcement is the latest in a series of IPOs for . ". After $7 million in expenses, it will have $508 million in cash. Founded in 1992 by brothers Dane and Travis . Form S-1/A filed by Dutch Bros Inc. with the security and exchange commission. GRANTS PASS, . According to an updated S-1 form, it's expected Dutch Bros will price its share in the $18 to $20 range. The offering is expected to close on Sept. 17, subject to customary closing conditions. Currently, Dutch Bros has 163.234 million shares outstanding, as seen on page 22 of the prospectus. After adding in 3.158 million shares from selling brokers, the total number of Class A . "Pre-IPO Blocker Holders" means Pre-IPO owners that hold their interests in Dutch Bros OpCo . entered into by Dutch Bros with the Pre-IPO Blocker Holders. 08/16/2022. 4. BofA Securities, NC1-004-03-43, 200 North College Street, 3rd floor, Charlotte NC 28255-0001, Attention: Prospectus Department, or by email at dg.prospectus_requests@bofa.com J.P. Morgan . Boersma is the company's largest shareholder, with 71.4 million of Class A and B shares, according to the prospectus. entered into by Dutch Bros with the Pre-IPO Blocker Holders. This prospectus includes certain historical combined and consolidated financial and other data for Dutch Bros OpCo (as defined herein). The company filed its S-1 on Aug. 20, 2021. The Oregon-based coffee chain has filed to raise approximately $400m according to a prospectus filed on 7 September 2021. . 08/17/2022. Select Year: Filter filing type: Date Filing Type Filing Description Download / View. DUTCH BROS (BROS) September 6, 2022 Corporate Research BROS, DUTCH BROS. DUTCH BROS. Dutch Bros, its IPO pending, to trade as (BROS), has filed a preliminary prospectus. UPDATE: Sept. 7, 2021: Dutch Bros Coffee on Tuesday set terms for its initial public offering, targeting a valuation of more than $3 . Revenue and net income figures are for the 12 months that ended June 30, 2021. . GRANTS PASS, Ore.-(BUSINESS WIRE. These small drive-thru shops focus on quick service of a variety of hot and cold drinks: coffee, espresso, energy drinks, lemonade, teas and even smoothies. Dutch Bros Announces Closing of IPO. Statement of Changes in Beneficial Ownership. What BROS Stock Is Worth. Dutch Bros Announces Pricing of IPO. Dutch Bros Inc. It's expected that the gross proceeds from this IPO will bring in around $400 million . September 21, 2021. Filed 2021-08-20 Terms Added 2021-09-07: For IPO Boutique's "scale of 1 to 5" BUY rating on Dutch Bros Inc., and our comprehensive analysis, click "Buy Market Research. Born out of a coffee cart in . The offering was being made only by means of a prospectus. This description is adapted from prospectus. In addition, the underwriters have been granted a 30-day option to purchase up to an additional 3,157,894 shares of . Founded in 1992, Oregan-based Dutch Bros Coffee is the fourth largest coffee-focused chain in the US, behind Starbucks, Dunkin' and Tim Hortons, operating around 470 stores in 11 states. About Dutch Bros Inc (adapted from Dutch Bros Inc prospectus): Dutch Bros Inc. (NYSE: BROS) is a high growth operator and franchisor of drive-thru shops that focus on serving high QUALITY, hand-crafted beverages with unparalleled SPEED and superior SERVICE. . (Note: Dutch Bros filed confidentially for an IPO on June 11, 2021. The offering was being made only by means of a prospectus. Founded in 1992 by brothers Dane and Travis Boersma, Dutch Bros began with a double-head espresso machine and a pushcart in Grants Pass, Oregon. Dutch Bros is a high growth operator and franchisor of drive-thru shops that focus on serving high QUALITY, hand-crafted beverages with unparalleled SPEED and superior SERVICE. Welcome to /r/IPO a subreddit dedicated to news articles and S-1 filings for the newest IPOs Companies; Documents; . Copies of the final prospectus related to the offering may be obtained from the SEC at www.sec.gov, and from: BofA Securities, NC1-004-03-43, 200 North College Street, . GRANTS PASS, Ore.-- ( BUSINESS WIRE )--Dutch Bros Inc. ("Dutch Bros") today announced the pricing of its initial public offering of 21,052,632 shares of its Class A common stock at a price to . Latest Trade: $40.73 +0.65 (+1.6%) First Day Return: +59.5%. This share price gives Dutch Bros a valuation of $3.8 billion. Prospectus, dated September 14, 2021 PROSPECTUS 21,052,632 Shares Class A Common Stock This is the initial public offering of shares of Class A common stock of Dutch Bros Inc. We are selling 21,052,632 shares of our Class A common stock. Currently, Dutch Bros has 163.234 million shares outstanding, as seen on page 22 of the prospectus. Its IPO prospectus highlighted that the company had increased its store count from 254 . Companies; Documents; . September 15, 2021. Corporate Overview. The company sold 21.05 million shares, raising $484.2 million. TSG Consumer Partners, which acquired a minority stake in Dutch Bros in 2018, is the second largest shareholder, with a 31 percent stake worth nearly $1.9 billion, according to Forbes. 08/17/2022.
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