The company said JAB BevCo B.V., the Selling Stockholder, completed the previously announced registered public secondary offering of 60,000,000 shares of Keurig Dr Pepper common stock on October 30, 2024. The offering was the 2 such offering.

1. 01

   The company said JAB BevCo B.V., the Selling Stockholder, completed the previously announced registered public secondary offering of 60,000,000 shares of Keurig Dr Pepper common stock on October 30, 2024. The offering was the 2 such offering.

2. 02

   Keurig Dr Pepper said Morgan Stanley & Co. LLC exercised in full its option to purchase 9,000,000 additional shares on October 29, 2024, and the closing of the 69,000,000-share sale occurred on October 30.

3. 03

   The company said the Selling Stockholder's gross proceeds were approximately $2.3 billion, and that Keurig Dr Pepper did not receive any proceeds from the sale.

4. 04

   The company said it entered into an Underwriting Agreement with the Selling Stockholder and Morgan Stanley & Co. LLC on October 28, 2024, and that the offering used the existing Form S-3 registration statement and the prospectus supplement filed on October 30, 2024.

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