From RestaurantBusinessOnline.com….
You may soon get the chance to buy Krispy Kreme stock again.
The Winston-Salem, N.C.-based chain on Tuesday said that it confidentially filed a draft registration statement for an initial public offering with the U.S. Securities and Exchange Commission—meaning the company could soon go public.
It would be the first traditional IPO of a restaurant chain since Kura Sushi in 2019 and only the second such offering since 2015. The fast-casual chain BurgerFi, however, went public in a reverse merger with a publicly-traded shell company.
But Krispy Kreme is no secret to the public markets. The company went public in 2000 and was one of the hottest stocks on Wall Street for years before it nearly collapsed amid an accounting scandal and money-losing doughnut shops.
