Cava announces closing of initial public offering and full exercise of underwriters' option to purchase additional shares

Washington--(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 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 option to purchase up to 2,166,666 additional shares of common stock. cava's common stock is listed on the new york stock exch.
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