First Watch selling shareholders to sell 5M shares in secondary offering at $17.70

First Watch Restaurant Group, Inc.

Selling shareholders sold 5,000,000 shares at $17.70 per share; offering closed Aug. 8, 2025.
Company did not sell any shares and will receive no proceeds from the offering.
Underwriters include Barclays Capital Inc. and Goldman Sachs & Co. LLC.
Offering made under an S-3 registration statement; customary underwriting agreement.

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