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Krispy Kreme presents an IPO plan



Krispy Kreme has unveiled plans to once again be a publicly traded company.

The donut chain said on Tuesday that it had submitted confidential information to US regulators for an initial public offering.

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The IPO will return the chain to the stock market five years after it is private.

The company first went public in 2000, but had to file for bankruptcy under Chapter 11 after financial changes, accounting investigations and a drop in sales, according to Reuters.

JAB Holding Co. took Krispy Kreme a private deal for $ 1

.35 billion in 2016

BEAUTIFUL KRISPY KREME STORE TIME WITH “GLASSED WATERFALL”, “THE LARGEST HOT LIGHT IN THE WORLD” GETS A NEW OPENING DATE

The donut chain looks set to hit while iron is hot during a boom in US capital markets, with companies raising $ 167 billion in 2020, according to Dealogic.

Last year, the company opened an area of ​​4,500 square meters in Times Square in New York.

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As part of a promotion earlier this year, the company distributed free glazed donuts to anyone who showed a valid COVID-19 vaccination card at the Krispy Kreme store in the United States.

Krispy Kreme opened its first store in North Carolina in 1937 and operates nearly 1,400 stores in 33 countries.


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