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BurgerFi On the Cusp of True Growth Potential


The fast casual opened 11 stores in 2020, and plans to open roughly 30 more in 2021 throughout Southeast and Mid-Atlantic markets. So far this year, BurgerFi has opened four locations, including another drive-thru unit in Nevada in March. Eight restaurants are currently under construction. Internationally, the chain plans to unveil its first Saudi Arabia store in Q4 as part of its multi-unit agreement with Food Supplies Co. 
“I commend the entire organization’s ability to not only adapt to the unprecedented challenges experienced this year in the food industry, but also the work being done to lay the foundation for growth as we embark into the new year,” said Executive Chairman Ophir Sternberg in a statement. “As I look at the number of BurgerFi’s under development, the recent investments in digital capabilities, the unique expansion opportunities ahead and the bolstered management team and board, I believe that we are just beginning to tap into our true growth pote ....

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BurgerFi Goes Public Following Completion of Business Combination with OPES Acquisition Corp.


BurgerFi Goes Public Following Completion of Business Combination with OPES Acquisition Corp.
BurgerFi Goes Public Following Completion of Business Combination with OPES Acquisition Corp.
PALM BEACH, Fla., Dec. 17, 2020 OPES Acquisition Corp. (Nasdaq: OPES, OPESW) (“OPES” or the “Company”) and BurgerFi International, LLC (BurgerFi), one of the nation’s fastest-growing better burger concepts, have completed their previously announced business combination. As a result of the business combination, OPES changed its name to BurgerFi International, Inc. and its common stock will commence trading this morning on the Nasdaq Capital Market under the ticker symbol “BFI” and the warrants will trade under the ticker symbol “BFIIW.” ....

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