 BRADENTON, Fla., Oct. 05, 2021 GLOBE NEWSWIRE -- First Watch Restaurant Group, Inc. First Watch or the Company Nasdaq: FWRG, the Daytime Dining concept serving breakfast, brunch and lunch, today announced the closing of its initial public offering of 10,877,850 shares of its common stock including the full exercise by the underwriters of their option to purchase an additional 1,418,850 shares of common stock at the initial public offering price of 18.00 per share, less underwriting discounts and commissions. Gross proceeds from the offering were approximately 195.8 million, before underwriting discounts and commissions and estimated offering expenses. The common stock began trading on the Nasdaq Global Select Market on October 1, 2021. 