Krispy Kreme Comes Full Circle With Second Listing
Krispy Kreme Inc (NASDAQ:DNUT) comes full circle with second listing and a sugar coated price Q1 2021 hedge fund letters, conferences and more Krispy Kreme, the US doughnuts and coffeehouse chain, is set to be admitted to the NASDAQ later today.This is the second public listing in its history, following an investment fund buyout in 2016.It is priced at $17 a share – which is well below its expected price range.It puts a value on Krispy Kreme of around $2.7 billion.29.4 million shares are expected to be issued, raising around $500 million.It will trade under the ticker DNUT.UK investors can buy...