IPO registrations (S-1, F-1) · Registrants
Karat Packaging Inc.
- SEC CIK
- 1758021 · filings on EDGAR ↗
- Registration
- Form S-1, first filed 2019-09-17, last 2021-04-07; 2 initial registrations, 5 amendments
- Outcome
- Final prospectus filed 2021-04-16; declared effective 2021-04-14; withdrawal requested 2019-10-17
- Industry (SIC)
- Plastics Products, NEC 3089
- Incorporated in
- DE
- Business address
- 6185 KIMBALL AVENUE, Chino, CA 91708
- EIN
- 83-2237832
- Ticker
- KRT (Nasdaq)
- EDGAR entity type
- operating
- Insiders and CEO pay
- Karat Packaging Inc. on the corporate pages
Offering terms
- Proposed price range
- $18.00–$20.00 per share (S-1/A filed 2021-04-07)
- Final price
- $16.00 per share, below the range (424B4 filed 2021-04-16, an initial public offering)
- Shares sold
- 3,950,000
- Gross proceeds
- $63,200,000 before underwriting discounts and any over-allotment option
- Listing
- Nasdaq under the symbol KRT
- Lead underwriters
- Stifel (1,777,500 shares); William Blair (987,500 shares); Truist Securities (592,500 shares)
- Syndicate
- National Securities Corporation (395,000); D.A. Davidson (197,500)
Read from the cover pages of the filings listed under “Prospectus pages read” below; check the document for anything that matters.
On this site
- Form D issuer: Karat Packaging Inc. EXACT (CIK (EXACT))
- SEC filer: Karat Packaging Inc. EXACT (CIK (EXACT))
- Person page: Paul Y Chen Fuzzy (officer, director or 10% owner on the company's Forms 3, 4 and 5 (Director))
Filings 11
| Filed | Form | What it is | Name as filed | EDGAR |
|---|---|---|---|---|
| 2019-09-17 | S-1 | S-1 (registration) | Karat Packaging Inc. | 0001144204-19-044930 ↗ |
| 2019-09-30 | S-1/A | S-1/A (amendment) | Karat Packaging Inc. | 0001144204-19-046530 ↗ |
| 2019-10-07 | S-1/A | S-1/A (amendment) | Karat Packaging Inc. | 0001144204-19-047432 ↗ |
| 2019-10-09 | S-1/A | S-1/A (amendment) | Karat Packaging Inc. | 0001144204-19-047791 ↗ |
| 2019-10-17 | RW | RW (withdrawal request) | Karat Packaging Inc. | 0001104659-19-054649 ↗ |
| 2021-02-18 | S-1 | S-1 (registration) | Karat Packaging Inc. | 0001104659-21-025272 ↗ |
| 2021-03-30 | S-1/A | S-1/A (amendment) | Karat Packaging Inc. | 0001104659-21-043842 ↗ |
| 2021-04-07 | S-1/A | S-1/A (amendment) | Karat Packaging Inc. | 0001104659-21-047204 ↗ |
| 2021-04-14 | EFFECT | EFFECT (declared effective) | Karat Packaging Inc. | 9999999995-21-001421 ↗ |
| 2021-04-16 | 424B4 | 424B4 (final prospectus) | Karat Packaging Inc. | 0001104659-21-051026 ↗ |
| 2022-11-28 | EFFECT | EFFECT (declared effective) | Karat Packaging Inc. | 9999999995-22-003404 ↗ |
Prospectus pages read 2
| Filed | Form | Read as | Range | Price | Shares | Proceeds | Listing | Underwriters | What was found | Document |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021-04-07 | S-1/A | registration statement | $18.00–$20.00 | 3,950,000 | - | Nasdaq KRT | 5 | primary document; range, shares headline, cover names 5 | document ↗ | |
| 2021-04-16 | 424B4 | final prospectus | $16.00 | 3,950,000 | $63,200,000 | Nasdaq KRT | 5 | primary document; price sentence, shares headline, proceeds table, underwriting table 5, cover names 5 | document ↗ |
Officers, directors and large holders Forms 3, 4 and 5
| Insider | Role | Title | Filings | Years | On this site |
|---|---|---|---|---|---|
| Chen Eric K | Director | 5 | 2021–2026 | ||
| Cheng Marvin | Director,Officer; Director,Officer,TenPercentOwner; Officer; Officer,TenPercentOwner | VP-Manufacturing, Secy; VP-Manufacturing, Secy & Dir. | 27 | 2021–2026 | |
| Chen Paul Y | Director | 5 | 2021–2026 | person page Fuzzy | |
| Wang Joanne Tzu Jung | Director; Director,Officer; Officer | Chief Operating Officer; COO | 12 | 2021–2024 | |
| Yen Eve | Director | 7 | 2021–2026 | ||
| Yu Alan | Director,Officer; Director,Officer,TenPercentOwner | CEO and Chairman of the BOD; CEO & Chairman of the BOD; Chief Executive Officer | 18 | 2021–2026 | |
| Sabahat Ann T | Officer | Chief Financial Officer | 2 | 2021 | |
| Lee Peter | Officer | Interim CFO | 1 | 2021 | |
| Guo Jian | Director,Officer; Officer | Chief Financial Officer | 19 | 2022–2026 | |
| Quire Daniel | Officer | Chief Revenue Officer | 10 | 2023–2026 |
Everyone who filed an insider report for this company, from the SEC’s Insider Transactions Data Sets (2006 on). Person pages are matched by name and state only.
Private offerings before or after (Form D)
| First filed | Issuer | Industry | Offering | Sold | Investors | Filings |
|---|---|---|---|---|---|---|
| 2018-12-21 | Karat Packaging Inc. | Manufacturing | $1,900,000 | $1,900,000 | 11 | 1 |
Data: SEC EDGAR. The quarterly full index (every S-1, S-1/A, F-1 and F-1/A since 1993, with the pricing prospectus, notice of effectiveness and withdrawal request of each registrant) and the company submissions data (SIC, state of incorporation, address, EIN, tickers, former names). Company details are what EDGAR holds today, not at the time of the filing.
Also on this site Fuzzy
| Record | Name as filed | Where | Dataset | Matched by |
|---|---|---|---|---|
| Form D issuer | Karat Packaging Inc. | CA | Form D private offerings | CIK (EXACT) |
| SEC filer | Karat Packaging Inc. | SEC filers (EDGAR) | CIK (EXACT) | |
| Person page | Paul Y Chen | People (Form 990 officers, directors and employees) | officer, director or 10% owner on the company's Forms 3, 4 and 5 (Director) |
Matched by an identifier (EIN, CIK, CRD), by name and state or city, or by street address; a shared name or address is not proof of the same person or organization. Every link says how it was made; how the cross-referencing works.
Others with the same interests
SIC industry Plastics Products, NEC, CA first:
- COMPASS PLASTICS & TECHNOLOGIES INC CA
- AIR PACKAGING TECHNOLOGIES INC CA
- FULING GLOBAL INC. F4
- TENSAR CORP GA
- FLASR, Inc. GA
- AZEK Co Inc. IL
- VISKASE COMPANIES INC IL
- PORTOLA PACKAGING INC IL
- PACKAGING RESOURCES INC IL
- IVEX PACKAGING CORP /DE/ IL
Interests: Plastics Products, NEC