Blue Apron Announces Commencement of Fully Backstopped $45 Million Rights Offering
Blue Apron Holdings, Inc. announced today that it has commenced a $45.0 million rights offering as part of its planned $78.0 million capital raise, each as previously disclosed in the Form 8-K filed with the U.S. Securities and Exchange Commission (“SEC”) on September 15, 2021.
Under the terms of the rights offering, the company is distributing non-transferable subscription rights to each holder of its Class A common stock (as well as the holders of certain warrants issued to the company’s lenders) held as...
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