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Habit Restaurants Gears Up for Secondary Offering

The Habit Restaurants Inc. (NASDAQ: HABT) filed an S-1 form with the Securities and Exchange Commission (SEC) for a secondary offering just about a year after the company itself came public. The offering is for a total of 5.75 million shares, and at the most recent closing price ($24.88) the offering is valued up to $143.06 million.

The underwriters for this offering are Piper Jaffray, Baird and Wells Fargo.

The Habit Burger Grill is a high-growth, fast casual restaurant concept that specializes in preparing fresh, made-to-order char-grilled burgers and sandwiches featuring USDA choice tri-tip steak, grilled chicken and sushi-grade albacore tuna cooked over an open flame. In addition, it features freshly prepared salads and an...


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