NetworkNewsBreaks – GEN Restaurant Group Inc. (NASDAQ: GENK) Secures $46.2M via Initial Public Offering, Full Exercise of Underwriters’ Option
GEN (NASDAQ: GENK), owner of GEN Korean BBQ, a fast-growing experiential Asian dining concept, recently announced the closing of its initial public offering of 3,600,000 shares of its Class A common stock at a price of $12.00 per share, as well as the full exercise by the underwriters of their option to purchase an additional 540,000 shares of Class A common stock. The company received approximately $46.2 million in proceeds from the offering, net of the underwriters’ discount. The Class A common stock began trading on the Nasdaq Global Market under the symbol GENK on June 28, 2023. Roth Capital…







