APRN - Blue Apron slumps on pricing Public Offering

Blue Apron (APRN) priced its previously announced underwritten public offering of ~4.7M shares of its common stock at $4.25/share for gross proceeds of $20.0M.Blue Apron has granted the underwriter a 30-day option to purchase up to 705,900 additional shares.The shares in the public offering are to be sold by Blue Apron.This offering is expected to close on June 18, 2021, subject to the satisfaction of customary closing conditions.Shares -21% premarket.Previously (June 15): Blue Apron slides after announcing share offering

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Blue Apron slumps on pricing Public Offering