Chanticleer Holdings' Previously Announced Reverse Stock Split Includes Warrants
CHANTICLEER HOLDINGS (HOTRW)
US:NASDAQ Investor Relations:
chanticleerholdings.com/investor-relations
Company Research
Source: Marketwire
CHARLOTTE, NC -- (Marketwired) -- 05/19/17 -- Chanticleer Holdings, Inc. (NASDAQ: HOTRW) ("Chanticleer," or the "Company"), owner, operator and franchisor of multiple branded restaurants in the U.S. and abroad, announced that its previously announced reverse split is also being effected on its 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, May 19, 2017. The Company's post-reverse split common stock have a new CUSIP number of 15930P800 and the public warrants have a new CUSIP number of 15930P164. Securities Transfer Corp., Chanticleer's transfer agent, will act as the exchange agent for the reverse stock split. Please contact Securities Transfer Corp.
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