Muscle Maker Inc. (GRIL) Prices 1.54M Share IPO at $5/Sh

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Go back to Muscle Maker Inc. (GRIL) Prices 1.54M Share IPO at $5/Sh

Muscle Maker Grill Announces Pricing of $7.7 Million Initial Public Offering

February 13, 2020 10:38 AM EST

Burleson, Texas, Feb. 13, 2020 (GLOBE NEWSWIRE) -- Muscle Maker, Inc. (Muscle Maker or the Company) announced that it priced on February 12, 2020 its initial public offering of 1,540,000 shares of common stock at a price to the public of $5.00 per share. In addition, the Company has granted the underwriter a 45-day option to purchase up to an additional 231,000 shares of common stock at the initial public offering price. The total proceeds paid to the Company in the initial public offering or upon exercise of the underwriters option will be reduced by underwriting discounts and commissions and other costs arising in the... More