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AmextaFinance > Investing > Mediterranean fast-casual restaurant chain Cava prices IPO at $22 a share
Investing

Mediterranean fast-casual restaurant chain Cava prices IPO at $22 a share

News Room
Last updated: 2023/06/15 at 8:32 AM
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Mediterranean fast-casual restaurant chain Cava Group on Wednesday priced its initial public offering of 14.4 million shares at $22 a share, up from a prior range, giving the company a valuation of roughly $2.45 billion.

Shares are expected to begin trading Thursday on the New York Stock Exchange with the ticker symbol CAVA.

The rapidly-growing…

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News Room June 15, 2023 June 15, 2023
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