AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |
Back to Blog
Blue apron8/22/2023 ![]() Under the terms of the previously announced purchase agreement with RJB Partners LLC and Matthew B. In accordance with the terms of the rights offering, approximately 6.7 million subscription rights were exercised for aggregate gross proceeds of $12.3 million, resulting in the issuance of (i) 1,234,187 shares of Class A common stock, (ii) warrants to purchase approximately 987,645 shares of Class A common stock at an exercise price of $15.00 per share, (iii) warrants to purchase approximately 493,822 shares of Class A common stock at an exercise price of $18.00 per share, and (iv) warrants to purchase approximately 246,911 shares of Class A common stock at an exercise price of $20.00 per share. ![]() “Now, with this capital raise, we plan to build on that foundation through product innovation and effective marketing tactics to attract new customers and retain our current ones.” “Over the last two years, we worked diligently to execute our business strategy, with a focus on product variety and providing a great customer experience,” said Linda Findley, Blue Apron’s President and Chief Executive Officer. The subscription period of the rights offering expired at 5:00 p.m., Eastern Time, on October 28, 2021. (NYSE: APRN) announced today the closing of its previously announced $78.0 million equity capital raise.
0 Comments
Read More
Leave a Reply. |