Karooooo Ltd. has announced the pricing for a secondary public offering of 1,5 million ordinary shares.
Each share is set at $50.00, aiming to raise around $75.0 million in gross proceeds.
Karooooo Ltd. is not selling any shares in this offering and the company will not receive proceeds from the shares sold by the Selling Shareholder.
The offering is expected to close on June 13, 2025.
