CAVA (CAVA) Prices 14.44M Share IPO at $22/sh
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CAVA Announces Pricing of Initial Public Offering
June 14, 2023 5:18 PM EDTWASHINGTON--(BUSINESS WIRE)-- CAVA Group, Inc. (CAVA), the category-defining Mediterranean fast-casual restaurant brand that brings heart, health, and humanity to food, today announced the pricing of its initial public offering of 14,444,444 shares of its common stock at a price to the public of $22.00 per share. CAVA granted the underwriters in the offering a 30-day option to purchase up to an additional 2,166,666 shares of common stock at the initial public offering price, less underwriting discounts and commissions. The shares are expected to begin trading on the New York Stock Exchange on June 15, 2023 under the symbol CAVA. The offering is expected to close... More
