Sovos shareholders launch secondary public offering

LOUISVILLE — Stockholders of Sovos Brands Inc. (Nasdaq: SOVO), a food-brand company that owns Noosa Yoghurt, Birch Benders waffle mix, Rao’s Homemade Sauce and Michael Angelo’s frozen Italian meals, are planning to sell 8.5 million shares of common stock.

The secondary public offering’s underwriters have the option to sell 1,275,000 additional shares, according to a U.S. Securities and Exchange Commission filing. 

“The selling stockholders will receive all of the proceeds from the sale of our common stock in this offering,” the company said in its disclosure. “We will not receive any proceeds from the sale of shares of common stock by the…