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BBQ Holdings Selects Blackhawk Network to Bring Famous Dave s and Granite City Food & Brewery Gift Cards to Market
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BBQ Holdings Selects Blackhawk Network to Bring Famous Dave s and Granite City Food & Brewery Gift Cards to Market
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BBQ Holdings Completes Acquisition of Village Inn and Bakers Square
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MINNETONKA, Minn., June 29, 2021 /PRNewswire/ Â BBQ Holdings, Inc. (Nasdaq: BBQ), a multi-brand restaurant franchisor and operator, today announced the closing of its previously announced private investment in public equity (PIPE) in the Company, which was finalized in the Securities Purchase Agreement dated June 24, 2021 and announced on June 25, 2021.
BBQ Holdings received total gross proceeds of $13 million, before deducting placement agent fees and offering expenses.
The investment was made by Nantahala Capital Management, LLC and/or its affiliates. The Company expects to use the proceeds from the offering for growth initiatives.
Craig-Hallum Capital Group, LLC served as placement agents for the financing. Â
Mobivity Drives 26% Lift in Guest Frequency for BBQ Holdings Famous Dave s Brand and Announces Expansion to All Granite City Food & Brewery Locations
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