Kura sushi usa announces launch of public offering of common stock

Irvine, calif., april 10, 2023 (globe newswire) -- kura sushi usa, inc. (“kura sushi” or the “company”) (nasdaq: krus), a technology-enabled japanese restaurant concept, today announced that it has commenced an underwritten public offering of 1,100,000 shares of its class a common stock. all shares of class a common stock are being offered by the company. in connection with the offering, kura sushi intends to grant the underwriters a 30-day option to purchase an additional 165,000 shares of its class a common stock. the proposed offering is subject to market and other conditions, and there can be no assurances as to whether or when the proposed offering may be completed, or as to the actual size or terms of the proposed offering.
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