Zoe’s Kitchen sets terms for proposed IPO

Zoe’s Kitchen sets terms for proposed IPO

Company plans to price shares at $11 to $13 each

Zoe’s Kitchen Inc., the parent company to the Zoës Kitchen chain, said on Monday that it plans to price shares at a range of $11 to $13 each for its proposed initial public offering.

Based on the midpoint of that range, the Plano, Texas-based operator and franchisor of 111 fast-casual restaurants would raise about $70 million. At the higher end, the IPO could generate up to $75 million with the planned sale of 5.8 million shares of common stock.

Register to view the full article

Register to view this article

Already a member? .

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish