Current Report Filing (8-k)
21 December 2022 - 08:06AM
Edgar (US Regulatory)
FALSE000077954400007795442022-12-192022-12-19
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
______________________
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or Section 15(d) of the Securities Exchange
Act of 1934
Date of Report (Date of earliest event reported):
December 19, 2022
ARK RESTAURANTS CORP.
(Exact name of registrant as specified in its
charter)
|
|
|
|
|
|
|
|
|
New York |
1-09453 |
13-3156768 |
(State or other jurisdiction
of incorporation) |
(Commission
File Number) |
(IRS Employer
Identification No.) |
85 Fifth Avenue
New York, New York 10003
(Address of principal executive offices, with zip
code)
Registrant’s telephone number, including area code:
(212) 206-8800
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:
|
|
|
|
|
|
|
|
|
[ ] |
|
Written communications pursuant to Rule 425 under the Securities
Act (17 CFR 230.425) |
[ ] |
|
Soliciting material pursuant to Rule 14a-12 under the Exchange Act
(17 CFR 240.14a-12) |
[ ] |
|
Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b)) |
[ ] |
|
Pre-commencement communications 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, par value $.01 per share |
ARKR |
The NASDAQ Stock Market LLC |
Indicate by check mark whether the registrant is an emerging growth
company as defined in Rule 405 of the Securities Act of 1933
(§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange
Act of 1934 (§240.12b of this chapter).
Emerging growth
company
o
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.
o
|
|
|
Item 2.02 Results of Operations and Financial
Condition.
|
On December 19, 2022 Ark Restaurants Corp. (the “Company”)
issued a press release announcing financial results for the fourth
quarter and fiscal year ended 2022. A copy of the press release
titled “Ark Restaurants Announces Financial Results for the Fourth
Quarter and Fiscal Year Ended 2022” (the "Press Release") is
attached hereto as Exhibit 99.1 and is incorporated herein by
reference.
The Press Release contains certain non-GAAP disclosures related to
earnings before interest, taxes, depreciation and amortization
("EBITDA") and EBITDA adjusted for non-cash stock option expense,
non-controlling interests, gains on forgiveness of Paycheck
Protection Program loans and gains and losses related to the
closure of certain properties. Although EBITDA is not a measure of
performance or liquidity calculated in accordance with generally
accepted accounting principles ("GAAP"), the Company believes the
use of this non-GAAP financial measure enhances an overall
understanding of the Company’s past financial performance, as well
as providing useful information to investors because of its
historical use by the Company as both a performance measure and
measure of liquidity. In addition, EBITDA is used by virtually all
companies in the restaurant sector as a measure of both performance
and liquidity.
This information is intended to be furnished under this Item 2.02
of Form 8-K and shall not be deemed “filed” for purposes of Section
18 of the Securities Exchange Act of 1934, as amended (the
“Exchange Act”), or incorporated by reference in any filing under
the Securities Act of 1933, as amended, or the Exchange Act, except
as shall be expressly set forth by specific reference in such a
filing.
|
|
|
Item 9.01 Financial Statements and Exhibits. |
(d) Exhibits
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.
|
|
|
|
|
|
|
|
|
|
ARK RESTAURANTS CORP. |
|
|
|
|
By: |
/s/ Michael Weinstein |
|
|
Name: Michael Weinstein |
|
|
Title: Chief Executive Officer |
|
|
|
Date: December 20, 2022
Ark Restaurants (NASDAQ:ARKR)
Historical Stock Chart
From May 2023 to Jun 2023
Ark Restaurants (NASDAQ:ARKR)
Historical Stock Chart
From Jun 2022 to Jun 2023