Cava announces launch 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 launch of its initial public offering of 14,444,444 shares of its common stock pursuant to a registration statement filed with the securities and exchange commission (the “sec”). cava expects to grant the underwriters in the offering a 30-day option to purchase up to an additional 2,166,666 shares of common.
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