(C) Reuters. FILE PHOTO: A man walks past a Krispy Kreme “Hot Now” neon sign in Times Square in the Manhattan borough of New York City, New York, U.S., October 16, 2020. REUTERS/Carlo Allegri/File Photo
(Reuters) – Donut chain Krispy Kreme Inc said on Wednesday it had raised $500 million in its initial public offering.
The company priced 29.4 million shares at $17 each, below the $21 to $24 per share range it had set earlier.
Krispy Kreme raises $500 million in U.S. IPO
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