First Watch Restaurant Group, Inc. Unveils Secondary Common Stock Offering

Secondary Offering Announcement: First Watch Restaurant Group, Inc. has launched a secondary offering of 5,289,784 shares of its common stock, managed by Advent International, with all proceeds going to the selling stockholders, not the company itself.

Underwriter Details: Citigroup is the sole underwriter for the offering, which will be conducted on the Nasdaq Global Select Market and other platforms at prevailing market prices.

Forward-Looking Statements: The press release includes forward-looking statements that are subject to various risks and uncertainties, which could lead to actual results differing from projections.

Company Overview: First Watch is a leading Daytime Dining concept known for its fresh, made-to-order breakfast, brunch, and lunch, with a commitment to quality and community involvement, operating over 620 restaurants across 32 states.