BurgerFi Receives Nasdaq Deficiency Notices
BurgerFi Receives Nasdaq Deficiency Notices
FORT LAUDERDALE, Fla., Aug. 30, 2024 (GLOBE NEWSWIRE) -- BurgerFi International, Inc. (NASDAQ: BFI, BFIIW) ("BurgerFi" or the "Company"), owner of the high-quality, casual dining pizza brand Anthony's Coal Fired Pizza & Wings ("Anthony's") and one of the nation's leading fast-casual "better burger" dining concepts through the BurgerFi brand, has received deficiency notices from Nasdaq Stock Market LLC ("Nasdaq") related to the Company's failure to timely file its Quarterly Report on Form 10-Q for the quarter ended July 1, 2024 ("Q2 Form 10-Q") and the composition of Board committees arising from the resignation of directors.
佛罗里达州劳德代尔堡,2024年8月30日(GLOBE NEWSWIRE)——高品质休闲披萨品牌Anthony's Coal Fired Pizza & Wings(“Anthony's”)的所有者、BurgerFi International, Inc.(纳斯达克股票代码:BFI,BFIIW)(“BurgerFi” 或 “公司”)的所有者,BurgerFi品牌旗下的全美领先快休闲 “更好的汉堡” 餐饮概念之一收到了纳斯达克股票市场有限责任公司(“纳斯达克”)的缺陷通知,内容涉及该公司未能及时提交截至2024年7月1日的季度10-Q表季度报告(“第二季度10-Q表格”)及其组成因董事辞职而产生的董事会委员会的数量。
On August 27, 2024, Nasdaq provided formal notice to the Company that as a result of the Company's failure to timely file its Q2 Form 10-Q, the Company does not comply with the continued listing requirements under the timely filing criteria outlined in Nasdaq Listing Rule 5250(c)(1). Also on August 27, 2024, Nasdaq provided formal notice to the Company that as a result of the resignations of certain members of the Company's Board of Directors, the Company does not comply with Nasdaq's audit committee and compensation committee requirements set forth in Nasdaq Listing Rule 5605.
2024年8月27日,纳斯达克向公司发出正式通知,由于公司未能及时提交第二季度10-Q表格,公司没有遵守纳斯达克上市规则5250(c)(1)中规定的及时申报标准下的持续上市要求。同样在2024年8月27日,纳斯达克向公司发出正式通知,称由于公司董事会某些成员辞职,公司没有遵守纳斯达克上市规则5605中规定的纳斯达克审计委员会和薪酬委员会的要求。
The Company is required to submit to Nasdaq within 60 calendar days a plan to regain compliance with respect to the delinquent Q2 Form 10-Q, and if accepted by Nasdaq, the Company has until February 18, 2025 to implement the plan to regain compliance. The Company is required to submit to Nasdaq within 45 calendar days a plan to regain compliance with respect to the composition of its audit committee and compensation committee, and if accepted by Nasdaq, the Company has until February 24, 2025 to evidence compliance. The Company will evaluate available options to regain compliance within the compliance periods, including submission of such plans. However, there can be no assurance that the Company will submit the plans, Nasdaq will accept the plans, or the Company will regain compliance within the compliance periods or maintain compliance with the other Nasdaq listing requirements.
公司必须在60个日历日内向纳斯达克提交一份计划,以重新遵守拖欠的第二季度10-Q表格,如果被纳斯达克接受,公司必须在2025年2月18日之前实施该计划,以恢复合规。公司必须在45个日历日内向纳斯达克提交一份计划,以恢复其审计委员会和薪酬委员会组成的合规性,如果被纳斯达克接受,公司必须在2025年2月24日之前证明其合规性。公司将评估在合规期内恢复合规的可用选项,包括提交此类计划。但是,无法保证公司会提交计划,纳斯达克会接受计划,或者公司将在合规期内恢复合规性或保持对纳斯达克其他上市要求的遵守情况。
About BurgerFi International (Nasdaq: BFI, BFIIW)
关于 BurgerFi International(纳斯达克股票代码:BFI、BFIIW)
BurgerFi International, Inc. is a leading multi-brand restaurant company that develops, markets, and acquires fast-casual and premium-casual dining restaurant concepts around the world, including corporate-owned stores and franchises. BurgerFi International, Inc. is the owner and franchisor of the two following brands with a combined 162 locations.
BurgerFi International, Inc. 是一家领先的多品牌餐厅公司,在全球范围内开发、营销和收购快餐和高级休闲餐厅概念,包括企业自有门店和特许经营权。BurgerFi International, Inc.是以下两个品牌的所有者和特许经营商,共有162个分店。
Anthony's. Anthony's is a premium pizza and wing brand with 60 restaurants (59 corporate-owned casual restaurant locations and one dual brand franchise location), as of April 1, 2024. Known for serving fresh, never frozen and quality ingredients, Anthony's is centered around a 900-degree coal-fired oven with menu offerings including "well-done" pizza, coal-fired chicken wings, homemade meatballs, and a variety of handcrafted sandwiches and salads. Anthony's was named "The Best Pizza Chain in America" by USA Today's Great American Bites, "Top 3 Best Major Pizza Chain" by Mashed in 2021, "The Absolute Best Wings in the U.S." by Mashed in 2022, and named in "America's Favorite Restaurant Chains of 2022" by Newsweek.
安东尼的。Anthony's是一家高档披萨和翅膀品牌,截至2024年4月1日,拥有60家餐厅(59家企业拥有的休闲餐厅和一家双品牌特许经营店)。Anthony's 以供应新鲜、从未冷冻的优质食材而闻名,以 900 度的燃煤烤箱为中心,菜单包括 “做得好” 的披萨、燃煤鸡翼、自制肉丸以及各种手工制作的三明治和沙拉。Anthony's被《今日美国》杂志评为 “美国最佳披萨连锁店”,2021年被Mashed评为 “美国最佳披萨连锁店前三名”,2022年被Mashed评为 “美国绝对最佳披萨连锁店”,并被《新闻周刊》评为 “2022年美国最受欢迎的连锁餐厅”。
BurgerFi. BurgerFi is among the nation's fast-casual better burger concepts with 102 BurgerFi restaurants (75 franchised and 27 corporate-owned) as of April 1, 2024. BurgerFi is chef-founded and committed to serving fresh, all-natural and quality food at all locations, online and via first-party and third-party deliveries. BurgerFi uses 100% American Angus Beef with no steroids, antibiotics, growth hormones, chemicals or additives. BurgerFi's menu also includes high-quality Wagyu Beef Blend Burgers, All-Natural Chicken offerings, Hand-Cut Sides, and Frozen Custard Shakes. BurgerFi was named "The Very Best Burger" at the 2023 edition of the nationally acclaimed SOBE Wine and Food Festival and "Best Fast Food Burger" in USA Today's 10Best 2023 Readers' Choice Awards for its BBQ Rodeo Burger, "Best Fast Casual Restaurant" in USA Today's 10Best 2023 Readers' Choice Awards for the third consecutive year, QSR Magazine's Breakout Brand of 2020 and Fast Casual's 2021 #1 Brand of the Year. In 2021, Consumer Reports awarded BurgerFi an "A Grade Angus Beef" rating for the third consecutive year. To learn more about BurgerFi or to find a full list of locations, please visit . BurgerFi is a Registered Trademark of BurgerFi IP, LLC, a wholly-owned subsidiary of BurgerFi.
BurgerFi。BurgerFi是全美快休闲汉堡概念店之一,截至2024年4月1日,共有102家BurgerFi餐厅(75家特许经营餐厅和27家企业所有)。BurgerFi 由厨师创立,致力于通过在线方式以及通过第一方和第三方送货在所有地点提供新鲜、全天然和优质的食物。BurgerFi 使用 100% 美国安格斯牛肉,不含类固醇、抗生素、生长激素、化学物质或添加剂。BurgerFi 的菜单还包括高品质和牛牛肉混合汉堡、全天然鸡肉、手工切好的配菜和冷冻奶昔。BurgerFi在2023年享誉全国的SOBE葡萄酒与美食节上被评为 “最佳汉堡”,凭借其烧烤牛仔汉堡在《今日美国》2023年十佳读者选择奖中被评为 “最佳快餐汉堡”,连续第三年入选《今日美国》2023年十佳读者选择奖,QSR杂志的2020年突破品牌和快餐的2021 #1 年度品牌。2021年,《消费者报告》连续第三年将BurgerFi评为 “A级安格斯牛肉”。要了解有关 BurgerFi 的更多信息或查找完整的地点列表,请访问。BurgerFi 是 BurgerFi 的全资子公司 BurgerFi IP, LLC 的注册商标。
Forward-Looking Statements
前瞻性陈述
This press release may contain "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995, as amended, including statements regarding the Company's expectation about any or all of the following: (i) the intent and plan of the Company to submit a plan of compliance with respect to, and regain compliance with, Nasdaq Listing Rule 5250(c)(1) and Nasdaq Listing Rule 5605, and (ii) the anticipated actions by the Staff and the Company's responses and their anticipated outcomes. Forward-looking statements generally can be identified by words such as "anticipates," "believes," "estimates," "expects," "intends," "plans," "predicts," "projects," "will be," "will continue," "will likely result," and similar expressions. These forward-looking statements are based on current expectations and assumptions that are subject to risks and uncertainties, which could cause our actual results to differ materially from those reflected in the forward-looking statements. Factors that could cause or contribute to such differences include, but are not limited to, our ability to submit and have accepted plans of compliance with The Nasdaq Stock Market LLC, our ability to regain compliance with Nasdaq Listing Rule 5250(c)(1) and Nasdaq Listing Rule 5605 and otherwise maintain our listing with The Nasdaq Stock Market LLC along with those risks and uncertainties described under the heading "Risk Factors" in the Company's Annual Report on Form 10-K filed with the U.S. Securities and Exchange Commission on April 10, 2024, the Company's Quarterly Report on Form 10-Q filed with the U.S. Securities and Exchange Commission on May 16, 2024, and in any other filings made by the Company with the U.S. Securities and Exchange Commission, which are available at www.sec.gov. All subsequent written and oral forward-looking statements attributable to BurgerFi or persons acting on BurgerFi's behalf are expressly qualified in their entirety by the cautionary statements included in this press release. We undertake no obligation to revise or publicly release the results of any revision to these forward-looking statements, except as required by law. Given these risks and uncertainties, readers are cautioned not to place undue reliance on such forward-looking statements.
本新闻稿可能包含经修订的1995年《私人证券诉讼改革法》中定义的 “前瞻性陈述”,包括有关公司对以下任何或所有内容的期望的陈述:(i)公司提交有关纳斯达克上市规则5250(c)(1)和纳斯达克上市规则5605的合规计划的意图和计划,以及(ii)员工和员工的预期行动公司的回应及其预期结果。前瞻性陈述通常可以用 “预期”、“相信”、“估计”、“期望”、“打算”、“计划”、“预测”、“项目”、“将来”、“将继续”、“可能的结果” 等词语来识别。这些前瞻性陈述基于当前的预期和假设,这些预期和假设存在风险和不确定性,这可能导致我们的实际业绩与前瞻性陈述中反映的业绩存在重大差异。可能导致或促成此类差异的因素包括但不限于我们提交和接受纳斯达克股票市场有限责任公司的合规计划的能力、我们恢复遵守纳斯达克上市规则5250(c)(1)和纳斯达克上市规则5605的能力,以及以其他方式维持我们在纳斯达克股票市场有限责任公司的上市的能力,以及公司提交的10-k表年度报告中 “风险因素” 标题下描述的风险和不确定性 2024年4月10日,美国证券交易委员会,该公司的2024年5月16日向美国证券交易委员会提交的10-Q表季度报告,以及公司向美国证券交易委员会提交的任何其他文件,可在www.sec.gov上查阅。此后归因于BurgerFi或代表BurgerFi行事的人的所有书面和口头前瞻性陈述均由本新闻稿中包含的警示性声明明确限定。除非法律要求,否则我们没有义务修改或公开发布对这些前瞻性陈述的任何修订结果。鉴于这些风险和不确定性,提醒读者不要过分依赖此类前瞻性陈述。
Investor Relations:
ICR
投资者关系:
ICR
Michelle Michalski
IR-BFI@icrinc.com
646-277-1224
米歇尔·米哈尔斯基
IR-BFI@icrinc.com
646-277-1224
Company Contact:
BurgerFi International Inc.
IR@burgerfi.com
公司联系人:
BurgerFi 国际公司
IR@burgerfi.com
Media Relations Contact:
Ink Link Marketing
Kim Miller
Kmiller@inklinkmarketing.com
媒体关系联系人:
墨水链接营销
金米勒
Kmiller@inklinkmarketing.com