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Potbelly prices IPO at $14, above the range

October 4, 2013

Potbelly, which operates 295 antique-themed sandwich shops in the US, raised $105 million by offering 7.5 million shares at $14, above the range of $12 to $13. Potbelly plans to list on the NASDAQ under the symbol PBPB. Potbelly initially filed confidentially on 11/13/2012. BofA Merrill Lynch and Goldman Sachs acted as lead managers on the deal.