Blue Apron Files Registration Statement for Previously-Announced, Fully Backstopped Rights Offering as Part of Planned $78 Million Capital Raise
Blue Apron Holdings, Inc. (NYSE: APRN) today filed a registration statement with the Securities and Exchange Commission (SEC) for its previously announced proposed fully backstopped equity rights offering, which represents $45.0 million of its planned $78.0 million capital raise.
- Blue Apron Holdings, Inc. (NYSE: APRN) today filed a registration statement with the Securities and Exchange Commission (SEC) for its previously announced proposed fully backstopped equity rights offering, which represents $45.0 million of its planned $78.0 million capital raise.
- The company is also permitted by the terms of the purchase agreement to repay up to $5.0 million of outstanding indebtedness with capital raise proceeds.
- A registration statement relating to the proposed rights offering has been filed with the SEC but has not yet become effective.
- The proposed rights offering will be made pursuant to such registration statement and a prospectus to be filed with the SEC prior to the commencement of the proposed rights offering.