Multi brand catering company: Panera Brands

Panera Brands is one of the largest fast casual restaurant companies in the world, with nearly 4000 locations and 110000 employees in 10 countries/regions. Panera Brands is a complementary brand portfolio constrained by common values and shared growth opportunities, including Panera Bread ®、 Caribou Coffee ® and Einstein Bros ® Bagels. Panera Brands operates independently and is supported by industry-leading technology, loyalty, attractiveness and high-quality ingredients.

The article originates from American Stock House | American Stock Encyclopedia | Hong Kong and US Stock Account Opening Investment- https://www.mg21.com/panera.html

Panera Brands US Equities Encyclopedia

Panera Bread is the pioneer and market leader of fast leisure. It is a leader in the quality of clean, transparent and sustainable ingredients, omni channel access and digital convenience (45% of sales Electronic Commerce ）And participation (45.4 million MyPanera members). The article originates from American Stock House | American Stock Encyclopedia | Hong Kong and US Stock Account Opening Investment- https://www.mg21.com/panera.html

As of June 30, 2021, there are 2120 Panera Bread bakeries in 48 states and Ontario, Canada ® Or Saint Louis Bread Co ® Nominal operation. Caribou Coffee provides high-quality handcraft Drinks and food Select, with 713 stores in 10 countries/regions. Einstein Bros. Bagels， By Einstein Bros ® Bagels, Bruegger's Bagels ®, Noah's New York Bagels ® and Manhattan Bagel ® It is the market leader of bagels and bagel sandwiches. It has more than 1000 stores owned and franchised by companies in the United States. The article originates from American Stock House | American Stock Encyclopedia | Hong Kong and US Stock Account Opening Investment- https://www.mg21.com/panera.html

Panera Brands cooperates with USHG Acquisition Corp. (NYSE: HUGS):

On November 9, 2021, Panera Brands and the joint venture sponsored by Union Square Hospitality Group, LLC Special purpose acquisition company USHG Acquisition Corp. (NYSE: HUGS) announced that they have signed an agreement, through which HUGS will become the cornerstone partner of Panera Brands. Danny Meyer, Chairman of HUGS, will also visit Panera Brands IPO He directly invested in Panera Brands and became the chief independent director of the board of directors of Panera Brands after the IPO. The article originates from American Stock House | American Stock Encyclopedia | Hong Kong and US Stock Account Opening Investment- https://www.mg21.com/panera.html

The transaction will be completed after the completion of Panera Brands IPO, which will be conducted through the traditional IPO process. According to the transaction, HUGS shareholders will become direct shareholders of Panera Brands, as well as existing and future shareholders of Panera Brands after the initial public offering of Panera Brands. As the major shareholder of Panera Brands, after the completion of the initial public offering of Panera Brands, JAB has agreed to make dollar for dollar investment in Panera common shares, and the investment amount is equal to the redemption amount of any HUGS shares. The article originates from American Stock House | American Stock Encyclopedia | Hong Kong and US Stock Account Opening Investment- https://www.mg21.com/panera.html

Panera Brands and HUGS reached a final agreement on the transaction. According to the agreement, the newly established wholly-owned subsidiary of Panera Brands will merge with HUGS. Consolidated results: The article originates from American Stock House | American Stock Encyclopedia | Hong Kong and US Stock Account Opening Investment- https://www.mg21.com/panera.html

• Each issued and outstanding share of HUGS Class A and Class B ordinary shares will be converted into a certain number of Panera Brands ordinary shares.
• Each issued and unexercised warrant of HUGS will be borne by Panera Brands and will become a warrant for Panera Brands' common shares. The number of shares of Panera Brands' common shares underlying each warrant will be adjusted according to the public offering price per share of the warrant. Panera Brands conducted an IPO in accordance with the terms of the transaction.
• HUGS will become a wholly-owned subsidiary of Panera Brands. Panera Brands will inherit all cash from HUGS, deducting transaction costs and redemption by HUGS shareholders.

On July 1, 2022, USHG (HUGS) announced this morning that it would not extend the cooperation agreement with Panera, the restaurant operator, for the IPO announced in November. USHG's plan is somewhat similar to that of Pershing Square Tone (NYSE: PSTH) bidding to join the Amsterdam IPO of Universal Music (AS: UMG). Pershing Square's method tries to buy stocks before IPO and make SPAC run under SPARC structure. The article originates from American Stock House | American Stock Encyclopedia | Hong Kong and US Stock Account Opening Investment- https://www.mg21.com/panera.html

About USHG Acquisition Corp The article originates from American Stock House | American Stock Encyclopedia | Hong Kong and US Stock Account Opening Investment- https://www.mg21.com/panera.html

USHG Acquisition Corp. (HUGS) ("USHGAC") is a special purpose acquisition company initiated by an affiliate of Union Square Hospitality Group, LLC for the purpose of merger, equity transaction, asset acquisition, stock purchase, reorganization or similar business merger with one or more enterprises or entities. USHGAC has donated a large number of founder shares of USHGAC to its long-term partner Share Our Strength, and its No Kid Hungry program is making important work to end child hunger programs in the United States. The article originates from American Stock House | American Stock Encyclopedia | Hong Kong and US Stock Account Opening Investment- https://www.mg21.com/panera.html

About Union Square Hospitality Group (USHG) The article originates from American Stock House | American Stock Encyclopedia | Hong Kong and US Stock Account Opening Investment- https://www.mg21.com/panera.html

Union Square hotel The group (USHG) has created some of the most popular restaurants, cafes and bars in New York to provide high-quality food with its symbolic enthusiasm and hospitality. The company was founded by CEO Danny Meyer with the opening of Union Square Cafe in 1985, and later opened other restaurants including Gramercy Tavern, The Modern and Daily Provisions. The company expanded its innovative hospitality methods beyond its restaurants. USHG provides operation and hotel consulting through Hospitality Quotient; Operate various catering and event businesses through Union Square Events; He also created a growth fund, Enlightened Hospitality Investments (EHI). USHG also created Shake Shack , is now an independent listed company (NYSE: SHAK). USHG has long supported its communities through hunger relief and civil society organizations. USHG won the unprecedented 28 James Beard Awards, and won numerous praises for its unique hospitality style.

About JAB Holding Company

JAB Holdings invests in consumer centric industries with attractive long-term dynamics, including strong growth prospects, attractive profit margins and cash flow characteristics, and proven resilience. JAB Holdings, together with JAB Consumer Partners, is a leader in the North American beverage market Keurig Dr Pepper The largest shareholder of Largest in the world JDE Peet's, a pure FMCG coffee company; NVA， One of the world's largest animal care service platforms; Independence Pet Holdings， Leading supplier of pet insurance; Krispy Kreme Doughnut , the global leader in doughnuts and other high-quality desserts; Panera Brands， One of the world's largest fast food leisure catering companies, including Panera Bread, Caribou Coffee and Einstein Bagels; Pret A Manger， Leading companies in the ready to eat food market; Espresso House, Scandinavia's largest brand coffee chain store. JAB Holdings is also a global beauty leader Coty Inc. And owns luxury goods Company Bally.

Panera Brands US equity investment

Waiting for Panera Brands IPO.