Certain Common Stock of First Watch Restaurant Group, Inc. are subject to a Lock-Up Agreement Ending on 30-MAR-2022.
March 29, 2022
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Certain Common Stock of First Watch Restaurant Group, Inc. are subject to a Lock-Up Agreement Ending on 30-MAR-2022. These Common Stock will be under lockup for 181 days starting from 30-SEP-2021 to 30-MAR-2022.
Details:
The executive officers and directors and other existing security holders had agreed not to sell or transfer any common stock or securities convertible into, exchangeable for, exercisable for, or repayable with common stock, for 180 days after the date of this prospectus without first obtaining the written consent of the representatives.
First Watch Restaurant Group, Inc. is a daytime dining concept company. The Company is engaged in serving made-to-order breakfast, brunch and lunch using fresh ingredients. The Companyâs menu includes elevated executions of classic favorites along with its specialties, such as Quinoa Power Bowl, Farm Stand Breakfast Tacos, Avocado Toast, Chickichanga, Morning Meditation (juiced in-house daily), Spiked Lavender Lemonade and Million Dollar Bacon. The Company operates approximately 520 First Watch restaurants in 29 states. The Company uses a variety of marketing channels, including affiliate partnerships, social media interactions, digital marketing, direct mailers, public relations initiatives and local community sponsorships, email communications, promotions, and partnerships. It also owns the franchise-owned restaurant in Broken Arrow, Okla.