ROTH Capital Partners Acts as Lead Manager
For Kura Sushi USA, Inc. (Nasdaq: KRUS)
in its $46.7 Million IPO

   

For more information please contact:
 
Investment Banking
Paul Zaffaroni
Managing Director &
Head of Consumer
Investment Banking
(949) 720-7174
pzaffaroni@roth.com
 
Jacob Frank
Director
(949) 720-7135
jfrank@roth.com
 
Equity Capital Markets
Aaron Gurewitz
Head of Equity
Capital Markets
(949) 720-5703
agurewitz@roth.com
 
Nazan Akdeniz
Senior Vice President
(949) 720-5740
nakdeniz@roth.com
 
Lou Ellis
Senior Vice President
(949) 720-5739
lellis@roth.com

Transaction Information
Kura Sushi USA, Inc. (Nasdaq: KRUS), a fast-growing technology-enabled Japanese restaurant concept, has closed its initial public offering of 3,335,000 shares of its Class A common stock, which included 435,000 additional shares pursuant to the full exercise of the over-allotment option granted to the underwriters. The shares were sold at the public offering price of $14.00 per share, resulting in the gross proceeds for Kura Sushi USA, Inc. of approximately $46.7 million. The shares began trading on the Nasdaq Global Market on August 1, 2019 under the ticker symbol "KRUS".

ROTH Capital Partners acted as a lead manager for the offering.

About Kura Sushi USA
Kura Sushi USA, Inc. is a technology-enabled Japanese restaurant concept with 22 locations in five states. The Company offers guests a distinctive dining experience built on authentic Japanese cuisine and an engaging revolving sushi service model. Kura Sushi USA, Inc. was established in 2008 as a subsidiary of Kura Sushi, Inc., a Japan based revolving sushi chain with over 400 restaurants and 35 years of brand history.  For more information, please visit and kurausa.com. (Source: Company Press Release | 7/31/19)

About ROTH Capital Partners
ROTH Capital Partners, LLC (ROTH), is a relationship-driven investment bank focused on serving emerging growth companies and their investors. As a full-service investment bank, ROTH provides capital raising, M&A advisory, analytical research, trading, market-making services and corporate access. Headquartered in Newport Beach, CA, ROTH is privately-held and employee owned, and maintains offices throughout the U.S. For more information on ROTH, please visit www.roth.com.

Date of Announcement: 8/7/19

The material, information and  facts discussed in this announcement other than the information regarding ROTH Capital Partners, LLC ("ROTH") and its affiliates, are from sources believed to be reliable, but are in no way guaranteed to be complete or accurate. This announcement should not be used as a complete analysis of any companies, securities or topics discussed herein. Additional information is available upon request. This is not, however, an offer or solicitation of the securities discussed. Any opinions or estimates in this announcement are subject to change without notice. An investment in any security based on this announcement may involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Additionally, such investments may involve a high degree of risk and may not be suitable for all investors. No part of this announcement may be reproduced in any form without the express written permission of ROTH. Copyright 2018.