1 min read.Updated: 22 Jun 2021, 09:53 PM ISTReuters
The offering would mark Krispy Kreme's return to U.S. stock markets five years after it was taken private by JAB Holding Co in a $1.35 billion deal in 2016
Krispy Kreme Inc is looking to raise as much as $640 million through a U.S. initial public offering, according to a regulatory filing on Tuesday, valuing the donut chain at nearly $4 billion.
The company, known for its glazed donuts, plans to sell about 26.7 million shares priced between $21 and $24 per share, the filing showed. It intends to list on the Nasdaq under the ticker symbol "DNUT.