First Watch Restaurant Group, Inc. Announces Pricing of Secondary Offering of Common Stock
First Watch Restaurant Group, Inc. (FWRG)
Company Research
Source: GlobeNewswire
BRADENTON, Fla., Nov. 12, 2024 (GLOBE NEWSWIRE) -- First Watch Restaurant Group, Inc. (“FWRG” or the “Company”) (NASDAQ: FWRG), the leading Daytime Dining concept serving breakfast, brunch and lunch, today announced the pricing of its previously announced underwritten secondary offering (the “Offering”) by certain funds managed by Advent International, L.P. (the “Selling Stockholders”) of 8,000,000 shares of the Company’s common stock (“Common Stock”). The shares have been offered at a price to the public of $19.95 per share. The Offering is expected to close on November 13, 2024, subject to customary closing conditions. The underwriter has a 30-day option to purchase up to an additional 1,200,000 shares of Common Stock at the public offering price, less underwriting discounts and commissions. The Selling Stockholders will receive all of the proceeds from the Offering. The Company is not selling any shares of Common Stock in the Offering and will not receive any proceeds from
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News
- Is It Too Late To Consider Buying First Watch Restaurant Group, Inc. (NASDAQ:FWRG)? [Yahoo! Finance]Yahoo! Finance
- FWRG Stock Gains on a Deal to Acquire 16 Franchise Restaurants [Yahoo! Finance]Yahoo! Finance
- First Watch Restaurant Group, Inc. Announces Secondary Offering of Common StockGlobeNewswire
- First Watch Inspires Acts of Kindness with ‘Sweet’ Gesture on World Kindness DayGlobeNewswire
- First Watch Restaurant Group, Inc. (NASDAQ: FWRG) had its price target raised by analysts at Piper Sandler from $22.00 to $23.00. They now have an "overweight" rating on the stock.MarketBeat
FWRG
Earnings
- 11/7/24 - Miss
FWRG
Sec Filings
- 11/15/24 - Form 4
- 11/15/24 - Form 4
- 11/15/24 - Form 4
- FWRG's page on the SEC website