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- Cava Group, the Mediterranean-focused fast-casual restaurant chain, priced its initial public offering of 14.4 million shares at $22 apiece on Wednesday, up from a prior range, as it gears up for a trading debut set for Thursday. With 111.4 million shares to be outstanding, Cava will have a valuation of more than $2.4 billion.
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Jun 15, 2023 · Cava is the first restaurant company to go public since Sweetgreen Inc. (SG) in late 2021. Bill Smith, co-founder and chief executive of Renaissance Capital, a provider of IPO exchange-traded...
May 19, 2023 · It's official: Cava goes public with IPO plans. The fast-growing Mediterranean fast casual had previously filed confidential plans, but now the financial disclosures are public. By Lisa Jennings on May 19, 2023. Washington, D.C.-based Cava Group Inc. filed publicly for IPO on Friday./Photo courtesy of Cava.
Jun 13, 2023 · Cava is going public: 5 things to know about the restaurant chain. By Ciara Linnane | June 13, 2023. Cava Group, the Mediterranean-focused fast-casual restaurant chain, raised the proposed...
Jun 15, 2023 · A banner for the Mediterranean restaurant chain Cava is displayed outside of the New York Stock Exchange (NYSE) as the company goes public on June 15, 2023 in New York City. Spencer Platt | Getty...
Jun 13, 2023 · Julie Coleman @itsjuliecoleman. Key Points. CNBC’s Jim Cramer told investors to tread carefully when it comes to Cava, the fast-casual Mediterranean restaurant chain that’s expected to go...
Jun 20, 2023 · CAVA Group, Inc. (“CAVA”), the category-defining Mediterranean fast-casual restaurant brand that brings heart, health, and humanity to food, today announced the closing of its initial public offering of 16,611,110 shares of its common stock at a price to the public of $22.00 per share, including the full exercise by the underwriters of their opt...
Jun 15, 2023 · Updated on. June 15, 2023 at 1:34 PM PDT. Listen. 3:47. Fast-casual restaurant chain Cava Group Inc. almost doubled in its trading debut after exceeding the target for its initial public offering...
