Cosí files for secondary shareholder offering

Cosí files for secondary shareholder offering

Cosí Inc. has filed for a secondary offering of stock to its shareholders, the company said Thursday. The fast-casual restaurant company plans to use the expected proceeds of approximately $15 million from the sale toward growing the chain.

"After considering several funding alternatives, the board of directors and senior management decided it was in the best interest of the company and its shareholders to proceed with a rights offering at this time," said Steph

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