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

SEC announcement ·  Mar 21 16:28
Summary by Moomoo AI
Artal International S.C.A., a 10% stockholder in CAVA Group, Inc., is set to sell 2,000,000 shares of common stock on 03/21/2024. The shares, with a par value of $0.0001 each, have an aggregate market value of $136,640,000. These shares were originally acquired on 06/20/2023 through the conversion of Series E Preferred Stock into Common Stock directly from the issuer. Over the past three months, Artal International has sold 3,500,000 shares of CAVA Group, generating gross proceeds of $187,600,000.
Artal International S.C.A., a 10% stockholder in CAVA Group, Inc., is set to sell 2,000,000 shares of common stock on 03/21/2024. The shares, with a par value of $0.0001 each, have an aggregate market value of $136,640,000. These shares were originally acquired on 06/20/2023 through the conversion of Series E Preferred Stock into Common Stock directly from the issuer. Over the past three months, Artal International has sold 3,500,000 shares of CAVA Group, generating gross proceeds of $187,600,000.
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