Act iii holdings joins investors in celebrating cava's nyse ipo

New york--(business wire)--on june 15, 2023, cava group inc. ("cava") (nyse: cava), the category-defining mediterranean fast-casual restaurant brand that brings heart, health, and humanity to food, began trading on nyse, having priced its initial public offering of 14,444,444 shares at $22.00 per share. act iii holdings, llc ("act iii"), led by ron shaich, recognized long ago the power and draw of the mediterranean category and the tremendous potential for the cava brand to dominate that niche.
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