Fiesta Restaurant Group Announces Up to $100M Offering of Common Stock

Fiesta Restaurant Group FRGI today announced the launch of a public offering of up to $100 million of common stock (the "Public Offering"). All of the shares will be offered by Fiesta. The underwriters have also been granted a 30 day option by Fiesta and certain executive officers of the Company, as selling stockholders, to purchase up to an additional 15 percent of the shares of common stock to be offered in the Public Offering, of which 26,664 shares of common stock are currently issued and outstanding and are held by such executive officers. The Company will not receive any of the net proceeds See full press release