The parent of Joe's Crab Shack and Brick House Tavern+Tap aims to raise $75 million, down from its original target
Ignite Restaurant Group Inc., parent to the Joe's Crab Shack and Brick House Tavern+Tap casual-dining chains, this week amended its intended initial public offering and priced it at $12 to $14 a share. Houston-based Ignite, which had filed its intent for an IPO with the Securities and Exchange Commission last July, is seeking to raise as much as $75 million, down from its original $100 million target. Ignite said it would offer 5.8 million shares on the Nasdaq exchange, and proceeds would be ...
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