First Watch Restaurant (FWRG) Group announced the launch of an underwritten secondary offering by certain funds managed by Advent International, L.P. of 8M shares of the company’s common stock. The Selling Stockholders will receive all of the proceeds from the Offering. The company is not selling any shares of Common Stock in the Offering and will not receive any proceeds from the Offering. Goldman Sachs & Co. is acting as the sole underwriter of the Offering.
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