Habit Burger prices IPO at $18 per share

Habit Burger prices IPO at $18 per share

Price is higher than projected range of $14 to $16 per share

The parent of the Habit Burger Grill chain set the price of its initial public offering late Wednesday at $18 per share, higher than the range of $14 to $16 per share it initially projected.

At the $18 per share price, the IPO raised at least $90 million for Habit Restaurants Inc., the Irvine, Calif.-based parent to the better-burger chain. The company was scheduled to begin trading on the Nasdaq Global Market Thursd

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