THE ONE GROUP HOSPITALITY, INC. (NASDAQ:STKS) Files An 8-K Other Events

THE ONE GROUP HOSPITALITY, INC. (NASDAQ:STKS) Files An 8-K Other Events
Item 8.01 Other Events.

On December 20, 2016, The ONE Group Hospitality, Inc. (the “Company”) announced that its wholly-owned subsidiary had entered into a license agreement with Horizon Hospitality Holdings Limited to open an STK restaurant at The Address Downtown Dubai hotel on Emaar Boulevard and an STK Beach at the Rixos Hotel in the Marina District of Dubai, United Arab Emirates.   Both are expected to open in 2017.  A third restaurant is anticipated to open in Abu Dhabi, United Arab Emirates, and the Company is currently evaluating locations in Abu Dhabi for the venue.


About THE ONE GROUP HOSPITALITY, INC. (NASDAQ:STKS)

The ONE Group Hospitality, Inc., formerly Committed Capital Acquisition Corporation, is a hospitality company. The Company develops, owns and operates restaurants and lounges, and provides food and beverage services for hospitality venues, including hotels, casinos and other locations across the globe. It operates through three segments: owned STK units (STKs), F&B hospitality management agreements (F&B), and Other concepts (Other). Its STKs segment consists of leased restaurant locations. Its F&B segment consists of management agreements, in which the Company operates the food and beverage services in hotels or casinos and could include an STK. Its Other segment includes owned non-STK leased locations. Its restaurant brand is STK, a multi-unit steakhouse concept with locations in metropolitan cities around the globe. Its F&B hospitality management services include developing, managing and operating restaurants, bars, rooftop lounges, pools, banqueting and catering facilities.

THE ONE GROUP HOSPITALITY, INC. (NASDAQ:STKS) Recent Trading Information

THE ONE GROUP HOSPITALITY, INC. (NASDAQ:STKS) closed its last trading session up +0.09 at 2.21 with 186,303 shares trading hands.

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