Chanticleer Holdings, an international franchisee of Hooters restaurants, will be celebrating its recent uplisting to NASDAQ at the NASDAQ MarketSite in Times Square this week. Mike Pruitt, Chairman & CEO of Chanticleer, along with the CEO of Hooters, Terry Marks, will ring the Closing Bell tomorrow, June 26, at 4 pm ET.
The investor community can view the ceremony online using the NASDAQ webcam. Investors should click on the following link 15 minutes before the ceremony and follow the instructions:
In 2011, Chanticleer, together with a group of major private equity investors, acquired Hooters of America (HOA) and its largest franchisee Texas Wings, Inc. Today HOA is the franchisor and operator of over 450 restaurants, covering 44 states and 29 foreign countries. Chanticleer has rights to develop and operate restaurants in South Africa, Brazil, and Hungary, and the company is joint venturing with the current franchisee in Australia, while evaluating several additional opportunities.
Chanticleer's core growth strategy involves expanding the Hooters brand in emerging markets and other rapidly developing global economies. The rising number of middle class consumers in emerging markets is driving the demand for recognized international brands. Targeting underpenetrated international markets with proven market success, the company aims to achieve consistent, above-average growth rates and favorable financial returns for its shareholders.
To learn more about the company, visit www.chanticleerholdings.com
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