NetworkNewsBreaks – Kura Sushi USA, Inc. (NASDAQ: KRUS) Closes IPO, Grossing Approximately $46.7 Million
Fast-growing technology-enabled Japanese restaurant concept Kura Sushi USA (NASDAQ: KRUS) has closed its initial public offering of 3,335,000 shares of its Class A common stock, including 435,000 additional shares per the full exercise of the over-allotment option granted to the underwriters. According to the update, the offering resulted in gross proceeds of approximately $46.7 million for Kura Sushi USA, Inc., with each of the shares sold at the public offering price of $14.00. The shares began trading on the Nasdaq Global Market under the ticker symbol ‘KRUS’ on August 1, 2019. ROTH Capital Partners acted as a lead manager for…







