Akira Raijin

Kura Sushi USA Announces Launch of Proposed Public Offering of Common Stock

Retrieved on: 
Tuesday, July 20, 2021

IRVINE, Calif., July 20, 2021 (GLOBE NEWSWIRE) -- Kura Sushi USA, Inc. (“Kura Sushi” or the “Company”), (NASDAQ: KRUS), a fast-growing technology-enabled Japanese restaurant concept, today announced that it has commenced an underwritten public offering of shares of its Class A common stock. All shares of Class A common stock are being offered by the Company. In connection with the offering, Kura Sushi intends to grant the underwriters a 30-day option to purchase additional shares of its Class A common stock. The proposed offering is subject to market and other conditions, and there can be no assurances as to whether or when the proposed offering may be completed, or as to the actual size or terms of the proposed offering.

Key Points: 
  • IRVINE, Calif., July 20, 2021 (GLOBE NEWSWIRE) -- Kura Sushi USA, Inc. (Kura Sushi or the Company), (NASDAQ: KRUS), a fast-growing technology-enabled Japanese restaurant concept, today announced that it has commenced an underwritten public offering of shares of its Class A common stock.
  • All shares of Class A common stock are being offered by the Company.
  • In connection with the offering, Kura Sushi intends to grant the underwriters a 30-day option to purchase additional shares of its Class A common stock.
  • Kura Sushi USA, Inc. was established in 2008 as a subsidiary of Kura Sushi, Inc., a Japan-based revolving sushi chain with over 480 restaurants and 35 years of brand history.

Seabourn Offers More Details On "The Club and Sky Bar" For The Line's New Expedition Vessels, With Special Design Touches Inspired By Adventure

Retrieved on: 
Thursday, November 19, 2020

The space includes an extraordinary sushi experience, offering a variety of hand-prepared sushi bites freshly made to order every evening.

Key Points: 
  • The space includes an extraordinary sushi experience, offering a variety of hand-prepared sushi bites freshly made to order every evening.
  • "Adam has seamlessly adapted the essence of our popular Club into our new expedition ships allowing guests a breathtaking ocean-front experience," noted Josh Leibowitz, president of Seabourn.
  • "Drawing inspiration from the destinations we will explore in the most remote corners of the globe, Tihany has perfectly captured the spirit of adventure that is central to expedition."
  • @SeabournCruise unveils more details on 'The Club' and its outdoor 'Sky Bar' aboard the line's new purpose-built expedition vessel #SeabournVenture and her yet-to-be-named sister ship, with colorful, adventure-inspired design touches.

Kura Sushi USA Announces Fiscal Third Quarter 2020 Financial Results

Retrieved on: 
Tuesday, July 14, 2020

IRVINE, Calif., July 14, 2020 (GLOBE NEWSWIRE) -- Kura Sushi USA, Inc. (Kura Sushi or the Company) (NASDAQ: KRUS), a technology-enabled Japanese restaurant concept, today provided a COVID-19 business update and reported fiscal third quarter financial results for the period ended May 31, 2020.

Key Points: 
  • IRVINE, Calif., July 14, 2020 (GLOBE NEWSWIRE) -- Kura Sushi USA, Inc. (Kura Sushi or the Company) (NASDAQ: KRUS), a technology-enabled Japanese restaurant concept, today provided a COVID-19 business update and reported fiscal third quarter financial results for the period ended May 31, 2020.
  • While the Company began to re-open certain restaurants beginning on May 22, 2020, its restaurants were largely closed during the fiscal third quarter ended May 31, 2020.
  • Additionally, the Company has not borrowed on the $20 million revolving line of credit established in April 2020 with Kura Sushi, Inc., a majority stockholder.
  • Kura Sushi USA, Inc. was established in 2008 as a subsidiary of Kura Sushi, Inc., a Japan-based revolving sushi chain with over 450 restaurants and 35 years of brand history.

Kura Sushi USA Provides Business Update Related to COVID-19 and Announces Fiscal Second Quarter 2020 Financial Results

Retrieved on: 
Tuesday, April 14, 2020

IRVINE, Calif., April 14, 2020 (GLOBE NEWSWIRE) -- Kura Sushi USA, Inc. (Kura Sushi or the Company) (NASDAQ: KRUS), a fast-growing technology-enabled Japanese restaurant concept, today provided a COVID-19 business update and reported fiscal second quarter financial results for the period ended February 29, 2020.

Key Points: 
  • IRVINE, Calif., April 14, 2020 (GLOBE NEWSWIRE) -- Kura Sushi USA, Inc. (Kura Sushi or the Company) (NASDAQ: KRUS), a fast-growing technology-enabled Japanese restaurant concept, today provided a COVID-19 business update and reported fiscal second quarter financial results for the period ended February 29, 2020.
  • On April 10, 2020, Kura Sushi Japan, the Companys controlling stockholder, has agreed to make available a $20 million revolving line of credit to Kura Sushi for a period of four years.
  • Kura Sushi has not borrowed any amount against the available revolving line of credit.
  • Kura Sushi USA, Inc. was established in 2008 as a subsidiary of Kura Sushi, Inc., a Japan-based revolving sushi chain with over 400 restaurants and 35 years of brand history.