🥬Sweetgreen: Another Opportunistic IPO?🥬
The salad maker tees up an IPO despite a history of losses
SURPRISE!
We don’t typically publish on Thursday mornings but later today, Sweetgreen Inc. ($SG), the salad-focused fast casual restaurant with 140 locations in 13 states (and DC), will hit the public markets. It IPO’d 13mm shares (upsized from 12.5mm) at $28, a marked increase over the initially speculated price range of $23-$25. This gives the company…