Monday, May 14, 2018

Cava Group is raising tens of millions of dollars. Again.

Restaurant chain Cava is closing in on another substantial round of fundraising, according to public filings.  Cava Group Inc. notified the Securities and Exchange Commission Thursday of a $35 million equity offering. Of that, it’s already raised $33,461,206 from 10 investors, according to the filing.  As of last September, Cava had filed documents that indicated it raised a total of $96 million to date, the most recent being a $34.9 million raise in March 2017. That last infusion of cash carried…



from https://www.bizjournals.com/baltimore/news/2018/05/14/cava-group-is-raising-tens-of-millions-of-dollars.html?ana=RSS&s=article_search
via http://baltimorecheckbook.tumblr.com/post/173896487377

No comments:

Post a Comment