BRC (NYSE: BRCC) shares are down 5.96% in pre-market trading on Thursday, July 17, 2025, with the price slipping to $1.42. This follows a previous closing price of $1.51.
The decline comes after BRC Inc. announced the pricing of an underwritten offering of 28 million shares of Class A Common Stock at $1.25 per share, aiming to raise approximately $35 million in gross proceeds. The offering is expected to close on or about July 18, 2025.