The Habit Restaurants, Inc. Announces Pricing of Public Offering

From: Investor Relations Press Release
By: Habit Restaurants, Inc.

IRVINE, Calif., April 10, 2015 (GLOBE NEWSWIRE) — The Habit Restaurants, Inc. (Nasdaq:HABT) (“The Habit” or the “Company”), today announced the pricing of a secondary offering of 5,000,000 shares of its Class A common stock by certain selling stockholders at a public offering price of $30.96 per share. In addition, such selling stockholders have granted the underwriters a 30-day option to purchase up to an additional 750,000 shares of their Class A common stock at the public offering price, less the underwriting discount. No shares are being sold by the Company in the offering and the Company will not receive any proceeds from the sale of shares.

The closing for the offering is expected to occur on April 15, 2015, subject to the satisfaction of customary closing conditions.

Piper Jaffray & Co., Robert W. Baird & Co. Incorporated and Wells Fargo Securities, LLC are acting as lead book-runners for the offering. Raymond James & Associates, Inc. is also acting as a book-runner for the offering, and Stifel and Stephens Inc. are acting as co-managers for the offering.

A registration statement relating to these securities was declared effective by the Securities and Exchange Commission on April 9, 2015. This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful, prior to registration or qualification under the securities laws of any such state or jurisdiction.

The offering will be made only by means of a prospectus. The final prospectus relating to the offering will be filed with the Securities and Exchange Commission and copies may be obtained, when available, from: Piper Jaffray & Co., Attention: Prospectus Department, 800 Nicollet Mall, J12S03, Minneapolis, MN 55402, by emailing, or by calling (800) 747-3924; Robert W. Baird & Co. Incorporated, Attention: Syndicate Department, 777 East Wisconsin Avenue, Milwaukee, WI 53202, by emailing, or by calling (800) 792-2473; or Wells Fargo Securities, LLC c/o Equity Syndicate Department, 375 Park Avenue, New York, NY 10152, by emailing, or by calling (800) 326-5897.

About The Habit Restaurants, Inc.

The Habit Burger Grill is a fast casual restaurant concept that specializes in preparing fresh, made-to-order char-grilled burgers and sandwiches featuring USDA choice tri-tip steak, grilled chicken and sushi-grade albacore tuna cooked over an open flame. The first Habit opened in Santa Barbara, California in 1969, and the Company now has over 100 restaurants in 10 markets throughout California, Arizona, Utah and New Jersey.

CONTACT: Investors:
(949) 943-8692

(949) 943-8691