KANSAS CITY — Hostess Brands Inc. has completed a public offering of 12 million shares of Class A stock. Priced at $14 per share, the stock was owned by C. Dean Metropoulos and entities controlled by him. Mr. Metropoulos is chairman of Hostess.

Announcing completion of the offering Aug. 15, Hostess said it did not issues shares in connection with the offering and did not receive any proceeds from the sale of shares by the selling stockholders.

According to a prospectus filed with the Securities and Exchange Commission on Aug. 12, the 12 million shares equate to 9.2% of all Hostess outstanding shares. Following the sales, Mr. Metropoulos still owned 8.1% of outstanding Hostess stock.

The price of $14 equates to a small discount below the closing price of $14.36 Aug. 12, the day the offering was announced. Hostess shares were trading lower still, at $13.66, as of midday Aug. 14. While still up significantly from the start of the year, Hostess shares have dipped more than $1 per share from the 52-week high of $14.86, set in July.

Morgan Stanley & Co. L.L.C. was sole book manager-running manager for the offering.