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GEN Restaurant Group Priced, Nasdaq: GENK

Korean BBQ restaurant chain with 34 locations in the US.

Industry: Consumer Discretionary

Latest Trade: $7.76 0.00 (0.0%)

First Day Return: +27.8%

Return from IPO: -35.3%

Industry: Consumer Discretionary

GEN Korean BBQ is one of the largest Asian casual dining restaurant concepts by total revenue in the United States. Founded by two Korean immigrants, since the opening of our first restaurant in September 2011 we have grown to 34 company-owned restaurants as of June 14, 2023 by delivering an engaging and interactive dining experience where our guests serve as their own chefs. We offer an extensive menu of traditional Korean and Korean-American food, including high-quality meats, poultry, seafood and mixed vegetables, all at a superior value. Our restaurants have modern décor, lively Korean pop music playing in the background and embedded grills in the center of each table. Our food is served family style and requires guests to share and coordinate their cooking responsibilities, which fosters more meaningful interaction than traditional casual dining. We believe our unique culinary experience appeals to a vast segment of the population, particularly Millennials and Gen Z.
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IPO Data
IPO File Date 05/26/2023
Offer Price $12.00
Price Range $10.00 - $12.00
Offer Shares (mm) 3.6
Deal Size ($mm) $43
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 06/27/2023
Offer Price $12.00
Price Range $10.00 - $12.00
Offer Shares (mm) 3.6
Deal Size ($mm) $43
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Roth Capital
Craig-Hallum Capital Group
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Company Data
Headquarters Cerritos, CA, United States
Founded 2011
Employees at IPO 2,350
Website www.genkoreanbbq.com

GEN Restaurant Group (GENK) Performance