Press release
Kraft Heinz Announces the Launch of a Secondary Offering of Common Stock
PITTSBURGH & CHICAGO--(BUSINESS WIRE)-- The Kraft Heinz Company (Nasdaq: KHC) (“Kraft Heinz” or the “Company”) today announced a secondary offering of shares
About this update from The Kraft Heinz Company
[{"type":"text","content":" PITTSBURGH & CHICAGO--(BUSINESS WIRE)--\nThe Kraft Heinz Company (Nasdaq: KHC) (“Kraft Heinz” or the “Company”) today announced a secondary offering of shares of its common stock (the “Offering”). In the Offering, which is subject to market and other conditions, certain affiliates of 3G Global Food Holdings LP (the “Selling Stockholder”) intend to offer 30,596,465 shares of common stock (“Common Stock”) for sale. The Company will not receive any proceeds from the Offering.\n\nBofA Securities is acting as the sole underwriter for the Offering and proposes to offer the Common Stock from time to time for sale in one or more transactions on the Nasdaq Global Select Market, in the over-the-counter market, through negotiated transactions or otherwise at prevailing market prices, at prices related to prevailing market prices or at negotiated prices. Copies of the final prospectus supplement (when available) and accompanying prospectus relating to these securities may also be obtained by sending a request to BofA Securities, NC1-004-03-43, 200 North College Street, 3rd Floor, Charlotte, North Carolina 28255-0001, attention: Prospectus Department, email: [email protected].\n\nThe Offering is being made pursuant to an automatic shelf registration statement on Form S-3 (File No. 333-250081-01), filed with the U.S. Securities and Exchange Commission on November 13, 2020. The securities described above have not been qualified under any state blue-sky laws. This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation, or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction. Any offer or sale will be made only by means of a written prospectus forming part of the effective registration statement.\n\nAbout The Kraft Heinz Company\n\nWe are driving transformation at The Kraft Heinz Company (Nasdaq: KHC), inspired by our Purpose, Let’s Make Life Delicious. Consumers are at the center of everything we do. With 2020 net sales of approximately $26 billion, we are committed to growing our iconic and emerging food and beverage brands on a global scale. We leverage our scale and agility to unle...