Sanberg, a long-time investor in the company and a leading investor in climate positive companies and (ii) a $500,000 private placement investment by Blue Apron’s President and Chief Executive Officer Linda Findley. The company plans to use the proceeds to pay off its existing term loan, and for general corporate purposes to stay focused on its long-term sustainable growth plan and to continue to execute on its turnaround strategies.īlue Apron entered into agreements for (i) a new $40.0 million private placement investment by RJB Partners LLC, an affiliate of Joseph N.
NEW YORK, May 02, 2022-( BUSINESS WIRE)-Blue Apron (NYSE: APRN) announced today two significant capitalization events.
RJB Partners commits to $40 million private placement at $12 per share $20 million investment completed with additional $20 million investment expected in Q2 2022īlue Apron President, CEO Linda Findley invests $500,000 in a private placement at $12 per shareĬompany plans to refinance debt with $30 million in partnership with Allianz Global Investors, extending debt maturity to 2027 and lower overall debt service obligations
0 kommentar(er)
