07-Apr-15 17:29 ET In Play Habit Restaurants sees Q1 revs of $54.3-54.5 mln vs $50.44 mln Capital IQ Consensus Estimate, comparable sales +12.4-12.6% (30.34 -0.76) :
07-Apr-15 17:31 ET In Play Habit Restaurants commences proposed follow-on offering of 5 mln shares of common stock by selling stockholders (30.34 -0.76) : Co announced that it has commenced a proposed public follow-on offering of its common stock. In the Offering, which is subject to market and other conditions, certain of the Company's stockholders intend to offer 5,000,000 shares of the Company's Class A Common Stock for sale. In connection with the Offering, the Company announced today that Piper Jaffray & Co. and Robert W. Baird & Co. Incorporated, as the representatives of the underwriters in their initial public offering, are releasing lock-up restrictions with respect to shares of the Company's Class A Common Stock (and certain securities exchangeable for Class A Common Stock) held by certain selling stockholders and to be sold in the Offering, including certain officers and directors of the Company. This release will take effect on Thursday April 9, 2015 and the shares may be sold on or after such date, subject to the terms of such waiver. The Company will not receive any proceeds from the sale of shares by the selling stockholders. Piper Jaffray & Co., Robert W. Baird & Co. Incorporated and Wells Fargo Securities, LLC are acting as active joint book-running managers for the Offering. |
