Cava announces pricing of initial public offering

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 pricing of its initial public offering of 14,444,444 shares of its common stock at a price to the public of $22.00 per share. cava granted the underwriters in the offering a 30-day option to purchase up to an additional 2,166,666 shares of common stock at the initial public offering price, less underwriting.
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