Standard Bank acts as Joint Bookrunner in $75M Karooooo Nasdaq offering

Standard Bank has proudly served as Joint Bookrunner in the successful $75 million accelerated bookbuild (ABB) for Karooooo, a Nasdaq-listed global mobility solutions provider. The transaction involved a secondary share sale by Karooooo’s founder and CEO, Zak Calisto, and was met with strong demand from institutional investors, particularly in the US and UK, with the order book oversubscribed more than three times. Following the offering, Calisto … Continue reading Standard Bank acts as Joint Bookrunner in $75M Karooooo Nasdaq offering