Current Report Filing (8-k)
September 07 2022 - 4:36PM
Edgar (US Regulatory)
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2022-09-07
2022-09-07
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
8-K
CURRENT REPORT
Pursuant to Section 13
or 15(d)
of the Securities Exchange
Act of 1934
Date of Report (Date of earliest
event reported): September 7, 2022
THE ONE GROUP HOSPITALITY, INC.
(Exact name of registrant
as specified in its charter)
Delaware | |
001-37379 | |
14-1961545 |
(State or other jurisdiction | |
(Commission File Number) | |
(IRS Employer |
of incorporation) | |
| |
Identification No.) |
1624 Market Street, Suite
311
Denver, Colorado 80202
(Address of principal executive
offices and zip code)
Registrant’s telephone
number, including area code: (646) 624-2400
(Former name or former address,
if changed since last report)
Check the appropriate box below if the Form 8-K
filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see
General Instruction A.2. below):
¨ |
Written communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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Pre-commencement communication pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
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Pre-commencement communication pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of
the Act:
Title of each class |
Trading Symbol(s) |
Name of each exchange on which
registered |
Common Stock |
STKS |
Nasdaq |
Indicate by check mark whether the registrant is
an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the
Securities Exchange Act of 1934 (17 CFR §240.12b-2).
Emerging
growth company ¨
If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying
with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨
Item 8.01. OTHER EVENTS
Stock Repurchase Program
The Company announced on September 7, 2022 that its Board of Directors
has approved a stock repurchase program authorizing the Company to repurchase up to $10,000,000 of its outstanding common stock from time
to time over the next two years. The Company’s repurchases may be executed through open market purchases, privately negotiated transactions
or through other arrangements that comply with applicable securities laws. The Company will finance the repurchases from cash on hand.
The program does not require the Company to purchase any specific number of shares or make purchases at any specific time or in any particular
situation, and the program may be suspended or discontinued at any time without prior notice.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
See Exhibit Index.
Exhibit Index
SIGNATURES
Pursuant to the requirements of the Securities
Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Dated: September 7, 2022 |
THE ONE GROUP HOSPITALITY, INC. |
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By: |
/s/ Tyler Loy |
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Name: |
Tyler Loy |
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Title: |
Chief Financial Officer |
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