Artal International S.C.A., a 10% stockholder in CAVA Group, Inc., has announced plans to sell 8,000,000 shares of common stock on 11/18/2024. The shares to be sold were acquired through the conversion of Series E and D Preferred Stock into Common Stock on 06/20/2023. The aggregate market value of the shares to be sold is approximately $1,131,040,000. This transaction follows a previous sale of 6,000,000 shares by Artal International S.C.A. in the past three months, which grossed $698,160,000.

Artal International S.C.A., a 10% stockholder in CAVA Group, Inc., has announced plans to sell 8,000,000 shares of common stock on 11/18/2024. The shares to be sold were acquired through the conversion of Series E and D Preferred Stock into Common Stock on 06/20/2023. The aggregate market value of the shares to be sold is approximately $1,131,040,000. This transaction follows a previous sale of 6,000,000 shares by Artal International S.C.A. in the past three months, which grossed $698,160,000.