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CAVA Group | 144: Notice of proposed sale of securities pursuant to Rule 144

SEC announcement ·  Feb 27 21:17
Summary by Moomoo AI
Artal International S.C.A., a 10% stockholder in CAVA Group, Inc., has announced its intention to sell 3,500,000 shares of common stock, valued at approximately $176.75 million, on 02/27/2024. The shares to be sold were acquired on 06/20/2023 through the conversion of Series E Preferred Stock into Common Stock directly from the issuer. This transaction follows a period where no other securities transactions were reported by Artal International in the past three months.
Artal International S.C.A., a 10% stockholder in CAVA Group, Inc., has announced its intention to sell 3,500,000 shares of common stock, valued at approximately $176.75 million, on 02/27/2024. The shares to be sold were acquired on 06/20/2023 through the conversion of Series E Preferred Stock into Common Stock directly from the issuer. This transaction follows a period where no other securities transactions were reported by Artal International in the past three months.
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