Bros Inc. in a mission for Proposed IPO at SEC
September 8 - 2021 Coffee Geography Magazine
Dutch Bros Inc. began its mission for its proposed IPO of 21,052,632 shares of its
Class A common stock, according to a registration statement on Form S-1 filed
with the SEC.
initial public offering price is currently expected to be between $18.00 and
$20.00 per share of Class A common stock. Dutch Bros also intends to grant the
underwriters a 30-day option to purchase up to an additional 3,157,894 shares
of Class A common stock from the Company.
Bros intends to list its Class A common stock on The New York Stock Exchange
("NYSE") under the symbol "BROS".
Securities, J.P. Morgan Securities and Jefferies LLC are acting as lead brokers
and representatives of the underwriters for the proposed offering. Barclays
Capital Inc., and Piper Sandler & Co. are also acting as lead book-running
managers for the proposed offering. Robert W. Baird & Co. and William Blair
are acting as book-running managers for the proposed offering. Cowen, Stifel,
Nicolaus & Company, Incorporated, AmeriVet Securities, Inc., Penserra
Securities LLC, R. Seelaus & Co., LLC and Tribal Capital Markets, LLC are
acting as co-managers for the proposed offering.
offering is being made only by means of a prospectus. Copies of the preliminary
prospectus related to the offering may be obtained from the SEC at www.sec.gov , and
• BofA Securities, NC1-004-03-43, 200
North College Street, 3rd floor, Charlotte NC
28255-0001, Attention: Prospectus Department, or by email at email@example.com
• J.P. Morgan Securities LLC, c/o
Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, or
by email at firstname.lastname@example.org or by telephone at 1-866-803-9204.
• Jefferies LLC, Attention: Equity
Syndicate Prospectus Department, 520 Madison Avenue, 2nd Floor, New York, NY
10022, or by email at prospectus_department@Jefferies.com or by telephone at 1-877-821-7388.
• Barclays Capital Inc., c/o Broadridge
Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717, or by
email at email@example.com or by telephone at 1-888-603-5847.
• Piper Sandler & Co., Attention:
Prospectus Department, 800 Nicollet Mall, J12S03, Minneapolis, Minnesota 55402, or by email at firstname.lastname@example.org or by telephone at 1-800-747-3924.
registration statement on Form S-1 relating to these securities has been filed
with the SEC but has not yet become effective. These securities may not be sold
nor may offers to buy be accepted prior to the time the registration statement
press release shall not constitute an offer to sell or the solicitation of an
offer to buy, nor shall there be any sale of these securities in any state or
jurisdiction in which such offer,
solicitation or sale would be unlawful prior to registration or qualification
under the securities laws of any such
state or jurisdiction.
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. 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. While espresso-based beverages are still at the core of what the
company does, Dutch Bros now offers a wide variety of unique, customizable cold
and hot beverages that delight a broad array of customers.