CHANTICLEER HOLDINGS, INC. (NASDAQ:HOTR) Files An 8-K Other Events
Item 8.01 Other Events
The Companys previously announced reverse split is also being
effected on the Companys publicly traded warrants trading on the
NASDAQ Capital Market under the symbol HOTRW (the public
warrants). As a result, the number of public warrants outstanding
will be reduced from 2,444,450 to 244,445. Each public warrant
will be exercisable for one share of common stock at the exercise
price of $50.00. This is effective for trading purposes on
Friday, March 19, 2017.
The Companys post-reverse split common stock have a new CUSIP
number of 15930P800 and the public warrants have a new CUSIP
number of 15930P164.
About CHANTICLEER HOLDINGS, INC. (NASDAQ:HOTR)
Chanticleer Holdings, Inc. is engaged in the business of owning, operating and franchising fast casual dining concepts domestically and internationally. The Company’s brands include Hooters, American Burger Company (ABC), BGR: the Burger Joint (BGR), BT’s Burger Joint (BT), Little Big Burger (LBB) and Just Fresh. Hooters restaurants are casual beach-themed establishments featuring music, sports on large flat screens, and a menu that includes seafood, burgers, salads and Hooters original chicken wings. ABC is a fast casual dining chain located in North Carolina, South Carolina and New York. BGR consists of approximately 10 Company-owned locations in the United States and over 13 franchisee-operated locations in the United States and the Middle East. LBB consists of approximately eight locations in Oregon. Just Fresh consists of approximately seven Company owned locations in Charlotte, North Carolina. CHANTICLEER HOLDINGS, INC. (NASDAQ:HOTR) Recent Trading Information
CHANTICLEER HOLDINGS, INC. (NASDAQ:HOTR) closed its last trading session down -0.06 at 3.32 with 365,175 shares trading hands.