2023-05-15 18:01:07 ET
- First Watch Restaurant Group ( NASDAQ: FWRG ) said Monday it is launching a secondary offering of 3.5 million shares.
- Certain funds managed by Advent International Corporation are the selling stockholders in the offering.
- The selling stockholders will receive all of the proceeds from the offering.
- Jefferies is acting as the sole underwriter of the offering.
- The underwriter has a 30-day option to purchase up to an additional 525,000 shares.
- Press Release .
For further details see:
First Watch Restaurant Group launches secondary offering of 3.5M shares