IPO - Profile

Sweetgreen, Inc.

Consumer Services > Restaurants

SG

Summary

Offer Price Offer Size 3-Year Outlook Volatility First Day Turnover
$28.00 13,000,000 Positive High 88.38%

Offering Team

  • Legal counsel
  • Cooley LLP
  • Auditors
  • Deloitte & Touche LLP

Deal Highlights

We are building the next generation restaurant and lifestyle brand that serves healthy food at scale. Our core values guide our actions and we aim to empower our customers, team members, and partners to be a positive force on the food system. For too long, industrial food production has enabled large chain restaurants to design menus optimized for production efficiency at the cost of nutrition and long-term health. The result is food created to fit the system, as opposed to food designed for the customer. We started sweetgreen to help change this. Over the last 15 years, we have been leading a movement to re-imagine fast food for a new era. There is a powerful shift happening in consumer behavior. Every day more people want to eat healthier food and care about the impact their choices have on the environment. This is becoming the new normal, and we believe sweetgreen is well positioned to be a category-defining food brand for the future.

Deal Tracker

IPO Dates

Filing 16 Nov, 2021

Offer 18 Nov, 2021

Look Ahead

Lock Up Expiry May 18, 2022

IPO Terms

Offer Price $28.00
Offer Size 13M

Market Sentiments

Stock Price