Business Context and Reporting Period
This Form 8-K is filed by Muscle Maker, Inc. (trading symbol: GRIL), a Nevada corporation and emerging growth company. The report, dated July 21, 2023, with a signature date of July 24, 2023, concerns the announcement of unaudited preliminary revenue results for Sadot LLC, a wholly owned subsidiary, for the month of June 2023.
Key Financial Metrics
The filing references a press release (Exhibit 99.1) containing unaudited preliminary revenue results for Sadot LLC for June 2023. However, the text of this Form 8-K does not provide specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity. The document serves solely as a notification of the press release's issuance.
Material Changes
No material changes versus prior periods are quantified in this filing. The report indicates that the Company issued a press release on July 24, 2023, to announce the preliminary results, but the specific comparative data is not included in the body of this 8-K.
Guidance, Outlook, and Risks
The filing contains no forward-looking guidance, management commentary, or specific risk factors beyond the standard legal disclaimer. The information provided in Item 2.02 and Exhibit 99.1 is explicitly stated not to be deemed "filed" under Section 18 of the Securities Exchange Act of 1934 and is not subject to the liabilities of that section.
Investor Verification Checklist
- Review Exhibit 99.1 (Press Release dated July 24, 2023) for the actual revenue figures for Sadot LLC for June 2023, as they are not listed in this summary.
- Verify the legal status of the data: Note that the preliminary results are unaudited and not incorporated by reference into other SEC filings.
- Confirm the subsidiary relationship: Ensure Sadot LLC is recognized as a wholly owned subsidiary of Muscle Maker, Inc.
- Check for subsequent filings: Look for updated 10-Q or 10-K reports that may provide audited or more detailed financial context for the period.