** Shares of Japanese restaurant Kura Sushi USA fall 5.1% to $87.66 in extended trading
** KRUS launches a public offering of Class A shares as co looks to raise equity
** Proceeds will be used for general corporate purposes, including capital expenditures — KRUS
** William Blair, Barclays Capital and TD Securities are the joint book-running managers for the offering
** KRUS has 11.3 mln outstanding shares with a $1.02 bln market capitalization — data compiled by LSEG
** As of last close, KRUS shares up 21.5% YTD
(Reporting by Arasu Kannagi Basil in Bengaluru)
((ArasuKannagi.Basil@thomsonreuters.com))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments