Dark clouds over Kona Grill

|About: Kona Grill, Inc. (KONA)|By:, SA News Editor

Kona Grill (NASDAQ:KONA) warns on a potential bankruptcy filing in a SEC filing.

"It is possible that even a successful implementation of one of the strategic alternatives that we are pursuing will require us to make a filing for protection under Chapter 11 of the U.S. Bankruptcy Code," updates the restaurant operator.

SEC Form 10-K

Shares of Kona are down 36% YTD.

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