First Watch Restaurant (FWRG) Prices 4.5M Share Secondary Offering at $15.50/sh

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Go back to First Watch Restaurant (FWRG) Prices 4.5M Share Secondary Offering at $15.50/sh

First Watch Restaurant Group, Inc. Announces Pricing of Secondary Public Offering

September 14, 2022 10:12 PM EDT

BRADENTON, Fla., Sept. 14, 2022 (GLOBE NEWSWIRE) -- First Watch Restaurant Group, Inc. (NASDAQ: FWRG) (First Watch or the Company), the Daytime Dining concept serving breakfast, brunch and lunch, announced today the pricing of an underwritten secondary public offering by certain stockholders of the Company (the Selling Stockholders) of 4,500,000 shares of the Companys common stock, par value $0.01 per share (the Common Stock), at a price to the public of $15.50 per share. The offering is expected to close on September 19, 2022, subject to the satisfaction of customary closing conditions. The offering consists entirely of secondary shares to be sold... More