Dave & Buster’s Entertainment Inc. Hopes to Raise Up to $105.9 Million in IPO
Dave & Buster’s Entertainment Inc., the parent of the Dave & Buster’s restaurant/arcade chain, hopes to raise up to $105.9 million in an initial public offering, the company said Monday.
The Dallas-based chain, which had earlier announced plans to return to the public market, expects to sell up to 5.88 million shares of common stock at $16 to $18 a share.
Its application to trade on the Nasdaq under the ticker symbol “PLAY” has been approved.
Restaurant chains have been increasingly tapping into investor appetites for food stocks. Stock in Plano, Texas-based Zoës Kitchen jumped 40 percent in the first few months after its IPO.
This article appeared in print in edition of Hamodia.
To Read The Full Story
Are you already a subscriber?
Click "Sign In" to log in!
Become a Web Subscriber
Click “Subscribe” below to begin the process of becoming a new subscriber.
Become a Print + Web Subscriber
Click “Subscribe” below to begin the process of becoming a new subscriber.
Renew Print + Web Subscription
Click “Renew Subscription” below to begin the process of renewing your subscription.