03:33 AM EST, 03/08/2024 (MT Newswires) -- First Watch Restaurant Group ( FWRG ) said late Thursday it launched an underwritten secondary offering of 6 million of its common shares by certain selling stockholders.

The underwriter has a 30-day option to purchase up to an additional 900,000 shares.

The company is not selling any shares and all proceeds from the offering will go to the selling stockholders.

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