[8-K] First Watch Restaurant Group, Inc. Reports Material Event
First Watch Restaurant Group, Inc. disclosed that certain selling shareholders sold 5,000,000 shares of the company's common stock to underwriters at a purchase price of $17.70 per share. The transaction was effected by an underwriting agreement with Barclays Capital Inc. and Goldman Sachs & Co. LLC and was completed under a prospectus supplement to an existing Form S-3 registration statement.
The company did not sell any shares in the offering and will not receive any proceeds. The underwriting agreement is filed as Exhibit 1.1 to the report.
First Watch Restaurant Group, Inc. ha comunicato che alcuni azionisti venditori hanno ceduto 5,000,000 di azioni ordinarie della societ脿 agli offerenti a un prezzo di acquisto di $17.70 per azione. L'operazione 猫 stata effettuata tramite un contratto di sottoscrizione con Barclays Capital Inc. e Goldman Sachs & Co. LLC ed 猫 stata completata mediante un supplemento al prospetto relativo a un modulo di registrazione Form S-3 gi脿 esistente.
La societ脿 non ha venduto azioni nell'offerta e non ricever脿 alcun provento. Il contratto di sottoscrizione 猫 depositato come Allegato 1.1 al rapporto.
First Watch Restaurant Group, Inc. inform贸 que ciertos accionistas vendedores vendieron 5,000,000 de acciones ordinarias de la compa帽铆a a colocadores a un precio de compra de $17.70 por acci贸n. La operaci贸n se realiz贸 mediante un contrato de suscripci贸n con Barclays Capital Inc. y Goldman Sachs & Co. LLC y se complet贸 mediante un suplemento al folleto del formulario de registro Form S-3 ya existente.
La compa帽铆a no vendi贸 acciones en la oferta y no recibir谩 ning煤n ingreso. El contrato de suscripci贸n se presenta como Anexo 1.1 del informe.
First Watch Restaurant Group, Inc.電� 鞚茧秬 毵る弰欤检＜臧� 須岇偓 氤错喌欤� 5,000,000欤茧ゼ 鞚胳垬鞚胳棎瓴� 欤茧嫻 $17.70鞚� 毵れ垬臧�瓴╈溂搿� 毵り皝頄堧嫟瓿� 瓿奠嫓頄堨姷雼堧嫟. 鞚� 瓯半灅電� Barclays Capital Inc. 氚� Goldman Sachs & Co. LLC鞕�鞚� 鞚胳垬瓿勳暯鞚� 韱淀暣 鞚措（鞏挫鞙茧┌, 旮办〈 Form S-3 霌彪氇呾劯靹滌棎 雽�頃� 歃濌秾鞁犼碃靹� 氤挫订靹滊ゼ 韱淀暣 鞕勲霅橃棃鞀惦媹雼�.
須岇偓電� 鞚措矆 瓿惦鞐愳劀 欤检嫕鞚� 韺愲Г頃橃 鞎婌晿鞙茧┌ 靾橃澋鞚� 氚涭 鞎婌姷雼堧嫟. 鞚胳垬瓿勳暯鞚� 氤搓碃靹滌潣 Exhibit 1.1搿� 鞝滌稖霅橃柎 鞛堨姷雼堧嫟.
First Watch Restaurant Group, Inc. a indiqu茅 que certains actionnaires vendeurs ont c茅d茅 5,000,000 d'actions ordinaires de la soci茅t茅 aux souscripteurs 脿 un prix d'achat de $17.70 par action. La transaction a 茅t茅 effectu茅e par un accord de souscription avec Barclays Capital Inc. et Goldman Sachs & Co. LLC et a 茅t茅 finalis茅e dans le cadre d'un suppl茅ment au prospectus du formulaire d'enregistrement Form S-3 existant.
La soci茅t茅 n'a vendu aucune action dans l'offre et ne recevra aucun produit. L'accord de souscription est d茅pos茅 en tant qu'Annexe 1.1 du rapport.
First Watch Restaurant Group, Inc. gab bekannt, dass bestimmte verkaufende Aktion盲re 5,000,000 Aktien der Stammaktien an Zeichner zu einem Kaufpreis von $17.70 pro Aktie verkauft haben. Die Transaktion erfolgte durch einen Zeichnungsvertrag mit Barclays Capital Inc. und Goldman Sachs & Co. LLC und wurde mittels eines Nachtrags zum bestehenden Form S-3-Registrierungsformular abgeschlossen.
Das Unternehmen hat in dem Angebot keine Aktien verkauft und wird keine Erl枚se erhalten. Der Zeichnungsvertrag ist als Anlage 1.1 zum Bericht eingereicht.
- None.
- None.
Insights
TL;DR: A secondary sale of 5,000,000 shares at $17.70 closed; the company did not raise capital, so direct financial impact is neutral.
The filing reports a secondary offering in which selling shareholders sold 5,000,000 shares to underwriters led by Barclays and Goldman Sachs at $17.70 per share. The company explicitly states it sold no shares and will not receive proceeds, so there is no change to the company鈥檚 cash position or equity capital from this transaction. The Underwriting Agreement and prospectus supplement are on file, providing customary terms, indemnities, and transfer mechanics for investors to review.
TL;DR: Governance disclosure is standard: underwriting agreement filed and transaction described; no internal corporate issuance or capital change reported.
The 8-K describes an underwriting agreement among the company, specified selling shareholders, and the underwriters and confirms the offering closed. The company emphasizes it did not issue new shares or receive proceeds, which means there was no corporate action altering outstanding company-issued equity or cash balances. The filing of Exhibit 1.1 ensures transparency regarding the sale terms and underwriter arrangements.
First Watch Restaurant Group, Inc. ha comunicato che alcuni azionisti venditori hanno ceduto 5,000,000 di azioni ordinarie della societ脿 agli offerenti a un prezzo di acquisto di $17.70 per azione. L'operazione 猫 stata effettuata tramite un contratto di sottoscrizione con Barclays Capital Inc. e Goldman Sachs & Co. LLC ed 猫 stata completata mediante un supplemento al prospetto relativo a un modulo di registrazione Form S-3 gi脿 esistente.
La societ脿 non ha venduto azioni nell'offerta e non ricever脿 alcun provento. Il contratto di sottoscrizione 猫 depositato come Allegato 1.1 al rapporto.
First Watch Restaurant Group, Inc. inform贸 que ciertos accionistas vendedores vendieron 5,000,000 de acciones ordinarias de la compa帽铆a a colocadores a un precio de compra de $17.70 por acci贸n. La operaci贸n se realiz贸 mediante un contrato de suscripci贸n con Barclays Capital Inc. y Goldman Sachs & Co. LLC y se complet贸 mediante un suplemento al folleto del formulario de registro Form S-3 ya existente.
La compa帽铆a no vendi贸 acciones en la oferta y no recibir谩 ning煤n ingreso. El contrato de suscripci贸n se presenta como Anexo 1.1 del informe.
First Watch Restaurant Group, Inc.電� 鞚茧秬 毵る弰欤检＜臧� 須岇偓 氤错喌欤� 5,000,000欤茧ゼ 鞚胳垬鞚胳棎瓴� 欤茧嫻 $17.70鞚� 毵れ垬臧�瓴╈溂搿� 毵り皝頄堧嫟瓿� 瓿奠嫓頄堨姷雼堧嫟. 鞚� 瓯半灅電� Barclays Capital Inc. 氚� Goldman Sachs & Co. LLC鞕�鞚� 鞚胳垬瓿勳暯鞚� 韱淀暣 鞚措（鞏挫鞙茧┌, 旮办〈 Form S-3 霌彪氇呾劯靹滌棎 雽�頃� 歃濌秾鞁犼碃靹� 氤挫订靹滊ゼ 韱淀暣 鞕勲霅橃棃鞀惦媹雼�.
須岇偓電� 鞚措矆 瓿惦鞐愳劀 欤检嫕鞚� 韺愲Г頃橃 鞎婌晿鞙茧┌ 靾橃澋鞚� 氚涭 鞎婌姷雼堧嫟. 鞚胳垬瓿勳暯鞚� 氤搓碃靹滌潣 Exhibit 1.1搿� 鞝滌稖霅橃柎 鞛堨姷雼堧嫟.
First Watch Restaurant Group, Inc. a indiqu茅 que certains actionnaires vendeurs ont c茅d茅 5,000,000 d'actions ordinaires de la soci茅t茅 aux souscripteurs 脿 un prix d'achat de $17.70 par action. La transaction a 茅t茅 effectu茅e par un accord de souscription avec Barclays Capital Inc. et Goldman Sachs & Co. LLC et a 茅t茅 finalis茅e dans le cadre d'un suppl茅ment au prospectus du formulaire d'enregistrement Form S-3 existant.
La soci茅t茅 n'a vendu aucune action dans l'offre et ne recevra aucun produit. L'accord de souscription est d茅pos茅 en tant qu'Annexe 1.1 du rapport.
First Watch Restaurant Group, Inc. gab bekannt, dass bestimmte verkaufende Aktion盲re 5,000,000 Aktien der Stammaktien an Zeichner zu einem Kaufpreis von $17.70 pro Aktie verkauft haben. Die Transaktion erfolgte durch einen Zeichnungsvertrag mit Barclays Capital Inc. und Goldman Sachs & Co. LLC und wurde mittels eines Nachtrags zum bestehenden Form S-3-Registrierungsformular abgeschlossen.
Das Unternehmen hat in dem Angebot keine Aktien verkauft und wird keine Erl枚se erhalten. Der Zeichnungsvertrag ist als Anlage 1.1 zum Bericht eingereicht.
FAQ
What did First Watch (FWRG) announce in this 8-K?
Did First Watch receive any proceeds from the offering?
Who were the underwriters for the offering?
How was the offering registered?
Where can I find the underwriting agreement details?
Does this 8-K report any new issuance of company stock?
