Noodles & Company prices IPO at $18, above the revised range


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Noodles & Company, which operates 343 fast-casual restaurants serving global pasta bowls, raised $96.4 million by offering 5.4 million shares at $18, above the revised $15-$17 range. The $96.4 million deal is 29% higher than its initial terms (5.4 million shares at a range of $14 to $16). Noodles will list on the NASDAQ under the symbol NDLS. Morgan Stanley and UBS Investment Bank acted as joint bookrunners on the deal.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: News Headlines , IPOs

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