Caribou Coffee Announces Offering of 5.15M Shares by Selling Shareholder

Caribou Coffee Company, Inc. CBOU today announced that a major shareholder, Caribou Holding Company Limited, an affiliate of Arcapita Bank B.S.C.(c), is offering for sale 5,150,000 shares of the Company's common stock in an underwritten public offering. The selling shareholder has also granted the underwriters an option to purchase up to 772,245 additional shares of common stock to cover over-allotments, if any. The Company will not receive any proceeds from the offering.