Trendy Salad Chain Sweetgreen Files Confidentially for U.S. IPO
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Sweetgreen Inc., the salad restaurant chain founded by Georgetown University graduates, has filed confidentially for a U.S. initial public offering.
The Los Angeles-based company said in a statement Monday that it has submitted a draft registration statement to the Securities and Exchange Commission for an IPO. The offering is expected to commence after the regulator completes its review process and is subject to market conditions, the statement showed.