Bagger Dave’s to Pursue Strategic Alternatives
BT Brands, Inc. (BTBD)
Company Research
Source: Business Wire
WEST FARGO, N.D.--(BUSINESS WIRE)--BT Brands, Inc. (Nasdaq: BTBD and BTBDW), and its 39.6 percent owned affiliate, Bagger Dave’s Burger Tavern, Inc. (OTCMarkets: BDVB), today announced plans to review strategic alternatives for the Bagger Dave’s public corporation and the six Bagger Dave’s operating restaurant locations. As part of this review, it is anticipated that a proposal will be made to Bagger Dave’s shareholders to change the name of Bagger Dave’s to align the name appropriately with a new business strategy. We anticipate proposing to shareholders a reverse split of Bagger Dave’s outstanding shares, and plan to retain a PCAOB-registered audit firm to review the Bagger Dave’s financial statements audited for inclusion in a potential equity offering registration statement, which would coincide with an uplisting of the shares to NASDAQ Markets or another exchange.Bagger Dave’s opened its first location In Berkley, Michigan, in 2008 and grew to over 25 units in three states; t
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- 8/15/24 - Form 10-Q/A
- 8/14/24 - Form 10-Q
- BTBD's page on the SEC website