BT Brands Acquires Founder’s Stake in Bagger Dave’s
BT Brands Acquires Founder’s Stake in Bagger Dave’s
WEST FARGO, ND / ACCESSWIRE / June 2, 2022 / BT Brands, Inc. (NASDAQ:BTBD and BTBDW), "BT Brands" operator of quick-service Burger Time restaurants, Keegan's Seafood Grille and Pie in the Sky Bakery and Coffee businesses, announced today that it had acquired 11,095,085 common shares representing 41.4% of Bagger Dave's Burger Tavern, Inc. ("Bagger Dave's") () for $1,260,000, approximately $.114 per share. Prior to completing the purchase of shares from Michael Ansley, founder and CEO of Bagger Dave's, agreed to cancel all voting preferred shares. In addition, upon closing, the current Bagger Dave's directors, including Mr. Ansley, resigned from the Company, and its Board of Directors and representatives of BT Brands are assuming those positions.
北達科他州西部/交通線路 /2022 年 6 月 2 日/ BT 品牌公司（NASDAQ：BTBD 和 BTBDW），快速服務的漢堡時間餐廳，基岡的海鮮格柵和餡餅在天空麵包店和咖啡業務中的「BT 品牌」運營商，今天宣布已收購 11,095,085 股普通股，代表巴格戴夫漢堡酒館公司的 41.4％（約合 114 美元）每股。在完成購買邁克爾·安斯利股份之前，Bagger Dave 的創始人兼首席執行官，同意取消所有投票優先股。此外，在閉幕時，目前 Bagger Dave 的董事，包括 Ansley 先生在內，從公司辭職，以及其董事會和 BT 品牌的代表正在擔任這些職位。
Bagger Dave's Burger Tavern, Inc. owns and operates Bagger Dave's, a casual restaurant and bar concept. Bagger Dave's provides a warm, inviting, and entertaining atmosphere through a friendly and memorable guest experience. Bagger Dave's specializes in locally sourced, never-frozen prime rib recipe burgers, all-natural lean turkey burgers, hand-cut fries, locally crafted beers on draft, milkshakes, salads, black bean turkey chili, pizza and much more all delivered in a warm atmosphere with friendly service. The concept built around providing a fresh food offering opened its first restaurant in January 2008 in Berkley, Michigan. There are currently six Bagger Dave's restaurants, including four in Michigan, one in Ft. Wayne, Indiana and one in Centerville, Ohio.
巴格戴夫的漢堡酒館，公司擁有並經營巴格戴夫，休閒餐廳和酒吧概念。Bagger Dave 通過友好而難忘的客人體驗提供了一個溫暖，邀請和娛樂的氛圍。Bagger Dave 專門提供本地採購的，從未冷凍的肋骨食譜漢堡，全天然瘦肉火雞漢堡，手切薯條，本地製作的啤酒生草案，奶昔，沙拉，黑豆火雞辣椒，比薩餅等，所有這些都在溫暖的氛圍中提供友好的服務。圍繞提供新鮮食品提供的概念在 2008 年 1 月在密歇根州伯克利開設了第一家餐廳。目前有六家巴格戴夫的餐廳, 包括四家在密歇根州, 一個在英尺.印第安納州韋恩還有一個在俄亥俄州森特維爾
Gary Copperud, BT Brands' Chief Executive Officer, said, "Our Bagger Dave's investment allows BT Brands to immediately expand in the casual dining market with six restaurants generating a positive cash flow. At one time, Bagger Dave's had operated a total of 26 locations; the remaining six units represent a solid core that has been refined over the years. In addition, the Company has approximately $1.9 million in cash available for opportunities. We are confident that both BT Brands and the remaining Bagger Dave's shareholders will benefit from the transaction." Michael Ansley added, "the involvement of BT Brands as a shareholder assuming an active role is a positive for Bagger Dave's shareholders as our management team has worked hard to position Bagger Dave's to pursue new opportunities and now is an appropriate time and this is the focus of BT Brands."
BT 品牌首席執行官 Gary Copperud 表示：「我們 Bagger Dave 的投資使 BT 品牌能夠立即在休閒餐飲市場擴張，六家餐廳產生積極的現金流。有一次，Bagger Dave 總共經營了 26 個地點；其餘的六個單位代表了多年來已經完善的堅實核心。此外，該公司還擁有約 190 萬美元的現金可用於機會。我們相信 BT 品牌和其餘 Bagger Dave 的股東都將從交易中受益。」邁克爾·安斯利（Michael Ansley）補充道：「BT 品牌作為擔任積極作用的股東的參與對 Bagger Dave 的股東來說是積極的，因為我們的管理團隊一直努力定位 Bagger Dave 尋求新的機會，現在是適當的時機，這是 BT 品牌的重點。」
About BT Brands, Inc.: BT Brands, Inc. (BTBD and BTBDW) owns and operates a fast-food restaurant chain called Burger Time with locations in North and South Dakota and Minnesota. The Company recently acquired Keegan Seafood Grille near Clearwater, Florida area and Pie In the Sky Coffee and Bakery in Woods Hole, Massachusetts. BT Brands is seeking acquisitions within the restaurant industry.
關於 BT 品牌公司： BT 品牌公司（BTBD 和 BTBDW）擁有並經營一家名為「漢堡時間」的連鎖快餐店，在北達科他州和南達科他州以及明尼蘇達州設有辦事處。該公司最近收購了佛羅里達州克利爾沃特市附近的 Keegan 海鮮格柵，以及馬薩諸塞州伍茲霍爾的天空咖啡和麵包店的餡餅。BT 品牌正在尋求餐飲業內的收購。
About Bagger Dave's Burger Tavern, Inc.: Bagger Dave's (OTC Markets Pink Sheets:BDVB) owns and operates the Bagger Dave's restaurant and bar concept. The first Bagger Dave's restaurant opened in January 2008 in Berkley, Michigan. The Company currently operates six Bagger Dave's restaurants, including four in Michigan, one in Ft. Wayne, Indiana and one in Centerville, Ohio.
關於貝格戴夫的漢堡酒館公司： 巴格戴夫（場外交易市場粉紅表：BDVB）擁有並經營 Bagger Dave 的餐廳和酒吧概念。第一間巴格戴夫的餐廳於 2008 年 1 月在密歇根州伯克利開業。該公司目前經營六家 Bagger Dave 的餐廳, 包括四家在密歇根州, 一家在英尺.印第安納州韋恩還有一個在俄亥俄州森特維爾
Forward-Looking Statements Disclaimer:
前瞻性聲明免責聲明：
This press release contains forward-looking statements within the meaning of federal securities laws. The words "intend," "may," "believe," "will," "should," "anticipate," "expect," "seek," and similar expressions are intended to identify forward-looking statements. These statements involve known and unknown risks, which may cause the Company's actual results to differ materially from results expressed or implied by the forward-looking statements. These risks include such factors as the disruption to our business from the recent pandemic and the impact on our results of operations, financial condition, and the impact of federal, state, and local government actions and customer behavior in response to the pandemic and its aftermath, the impact and duration of staffing constraints at our restaurants, increased competition, cost increases or shortages in raw food products, and other matters discussed under the Risk Factors section of the BT Brands' Annual Report on Form 10-K for the fiscal year ended January 2, 2022, filed with the SEC, and other filings with the SEC. BT Brands disclaims any obligation or duty to update or modify these forward-looking statements.
本新聞稿包含聯邦證券法所指的前瞻性聲明。「打算」，「可能」，「相信」，「意志」，「應該」，「預期」，「期望」，「尋求」等詞語旨在識別前瞻性陳述。這些陳述涉及已知及未知的風險，可能導致本公司的實際業績與前瞻性陳述所表示或暗示的結果有重大差異。這些風險包括以下因素，例如近期大流行對我們業務的干擾以及我們的營運結果、財務狀況以及聯邦、州和地方政府行動的影響以及因應大流行及其後果的客戶行為的影響、我們餐廳人員配置限制的影響和持續時間、競爭增加、成本增加或短缺，以及《品牌》《年度風險因素》部分中討論的其他事項《品牌》年度報告「風險因素」部分截至 1 月 2 日止的財政年度 10-K, 2022, 向美國證券交易委員會提交, 和其他文件與證券交易委員會.BT 品牌不承擔任何更新或修改這些前瞻性聲明的義務或義務。
CONTACT FOR FURTHER INFORMATION:
聯繫以獲取更多信息：
KENNETH BRIMMER 612-229-8811
肯尼斯·布里默
SOURCE: BT Brands, Inc.
來源： BT 品牌公司
譯文內容由第三人軟體翻譯。