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Citigroup and Morgan Stanley are acting as joint bookrunners for the offering. Piper Sandler, Baird, Stifel, and William Blair are also acting as joint bookrunners for the offering.
Law360 (June 14, 2023, PM EDT) -- Mediterranean restaurant chain Cava Group Inc. on Wednesday served up a $318 million initial public offering that priced above its range, represented by Simpson Thacher & Bartlett LLP and underwriters counsel Skadden Arps Slate Meagher & Flom LLP.
As part of a continued effort to assist individuals to effectively shop for items and services, beginning January 1, 2023, the TiC Final Rule requires that health plans create a tool whereby their enrollees can receive real-time, personalized estimates of potential costsharing liability for 500 designated items and ...
While Cava may still generate double-digit sales growth, profitability may not be a sure thing. Its profit margin was less than 4% of revenue last quarter. Investors are also growing increasingly bearish on the company, as short interest as a percentage of Cava's float is up to almost 8%.
J.P. Morgan and Jefferies acted as joint lead book-running managers of the offering, and J.P. Morgan, Jefferies, and Citigroup acted as representatives of the underwriters for the offering. Citigroup and Morgan Stanley acted as joint bookrunners for the offering.
J.P. Morgan and Jefferies acted as joint lead book-running managers of the offering, and J.P. Morgan, Jefferies, and Citigroup acted as representatives of the underwriters for the offering. Citigroup and Morgan Stanley acted as joint bookrunners for the offering.