Healthy fast-food chain Freshii files for IPO, secondary offering
Freshii Inc has filed a preliminary prospectus with Canadian regulatory authorities for a proposed initial public offering and secondary offering of its Class A subordinate voting shares. No terms were released; however, Bloomberg reported the company is seeking about $100 million. Certain shareholders, including a vehicle controlled by Matthew Corrin, Freshii’s founder, chairman and CEO, will participate in the secondary deal. Freshii has since 2005 operated a healthy fast-food restaurant chain that today includes more than 244 stores located in 15 countries. It is backed by Canadian venture capital firm Klass Capital.
20 December 2016•3 mins read
