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Actionable news in HABT: THE HABIT RESTAURANTS Inc CLASS A,

Habit Restaurants Commences Secondary Offering

Habit Restaurants Inc. (NASDAQ: HABT) has commenced a secondary “follow-on” 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 ($23.95) the offering is valued up to $137.7 million.

The underwriters for this offering are Piper Jaffray, Baird, Wells Fargo, Stephens, Raymond James and Stifel.

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 appealing...


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