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FWRG News

Restaurants look to serve up fresh IPOs in a stale market

First Watch Restaurant Group logo

More consumers are dining out and restaurants are looking to cash in. Last week, the moribund IPO market got a boost from fast-casual Mediterranean chain CAVA Group (CAVA), whose $100 million filing makes it the first sizable restaurant to...read more

US IPO Weekly Recap: The IPO market can see clearly now in a 4 IPO, 2 direct listing week

WRBY

The IPO market remained active this past week as four IPOs raised $2.3 billion, joined by two direct listings. SPAC activity kept steady with nine blank check IPOs. New filers continue to pour into the IPO pipeline, with 17 IPOs and 10 SPACs submitting initial...read more

Daytime dining concept First Watch Restaurant Group prices IPO within range at $18

First Watch Restaurant Group logo

First Watch Restaurant Group, which operates daytime casual-dining restaurants in the US, raised $170 million by offering 9.5 million shares at $18, slightly below the midpoint of the $17 to $20 range. Backed by Advent International, First Watch is a daytime...read more

US IPO Week Ahead: September closes out with software and consumer names in a 4 IPO, 2 direct listing week

AMPL

Updated on Mon, 9/27. As September comes to an end, three IPOs are scheduled to raise almost $1.5 billion in the week ahead, joined by direct listings from Amplitude and Warby Parker.   Digital optimization company Amplitude...read more