secwatch.observer — SEC 8-K summary
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Issuer:     First Watch Restaurant Group, Inc. (FWRG)
CIK:        0001789940
Form:       8-K
Filed at:   2023-11-13T23:59:59+00:00
Accession:  0001789940-23-000109
Event type: m_and_a
Sentiment:  positive
Materiality: 0.60
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

First Watch acquires six franchise restaurants in Florida; total 23 in 2023
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- Acquired six franchise-owned restaurants in Florida, effective Nov 13, 2023; funded with cash on hand.
- CEO Chris Tomasso notes this brings total acquired franchise restaurants in 2023 to 23.
- Restaurants located in Florida Panhandle, from Destin to Tallahassee, operated by franchise partners for over a decade.
- Acquisition part of long-term growth strategy to convert franchise locations to company-owned.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1789940/000178994023000109/0001789940-23-000109-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1789940/000178994023000109/fwrg-20231113.htm
  HTML page:      https://secwatch.observer/filing/0001789940-23-000109

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer