The IPO Buzz: Cava Group (CAVA Proposed) Files Terms for $260 Million IPO
Just like that: Cava Group (CAVA proposed) filed terms early Monday afternoon for its IPO - 14.44 million shares at $17 to $19 - to raise $260 million, according to an S-1/A filing dated June 5, 2023. The Mediterranean restaurant chain's IPO filing followed an unofficial CAVA Watch party kicked off on Sunday afternoon by The Wall Street Journal, which reported that Cava Group intended to launch it..
Read more June 5, 2023IPO Calendar
| Company | Symbol proposed | Shares (Millions) | Est. $ Volume | Expected to Trade | SCOOP Rating | Rating Change |
|---|---|---|---|---|---|---|
| Azitra Inc. | AZTR | 1.5 | $ 12.0 mil | 6/7/2023 Wednesday | S/O | S/O |
| 60 Degrees Pharmaceuticals, Inc. | SXTP | 1.4 | $ 7.5 mil | 6/9/2023 Friday | S/O | S/O |
| Maison Solutions | MSS | 3.8 | $ 15.0 mil | 6/14/2023 Wednesday | S/O | S/O |
Last 100 IPOs - June 5, 2023
| Number of IPOs priced : | 97 |
| Number Up: | 20 |
| Number Down: | 77 |
| Number Unchanged: | 0 |
| Percentage Change From Issue Price: | -8.44% |
| Percentage Change for The Nasdaq Composite | 9.55% |
2023 IPO Scorecard - June 5, 2023
| Number of IPOs priced (Excluding 17 units) : | 53 |
| Number Up: | 17 |
| Number Down: | 36 |
| Number Unchanged: | 0 |
| Total Return From Issue Price: | 8.17% |
| The Nasdaq Composite Index YTD % Change | 26.51% |