04:26 AM EDT, 06/11/2025 (MT Newswires) -- Karat Packaging ( KRT ) said late Tuesday it priced a secondary offering of 1.5 million shares at $27 apiece.

The company said certain members of its management team are the selling stockholders who have granted underwriters a 30-day option to purchase up to 225,000 additional shares.

Karat will not receive any proceeds from the offering, which is expected to close Thursday.