SEC Filing Summary: Muscle Maker, Inc. (GRIL)
Business Context and Reporting Period
This Form 8-K was filed by Muscle Maker, Inc. (the "Company") on May 4, 2022. The filing serves to furnish the Franchise Disclosure Document (FDD) for the Company's wholly owned subsidiary, Poke Co Holdings, LLC ("Poke"). The document includes unaudited financial statements for Poke as of March 31, 2022, and for the three months ended March 31, 2022, as well as audited financial statements for the years ended December 31, 2021, and 2020.
Key Financial Metrics
The filing text does not provide specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity. These metrics are contained within the attached Exhibit 99.1 (Poke Financial Statements) but are not summarized in the body of this 8-K report.
Material Changes
No material changes to financial performance or operations are described in the text of this filing. The report focuses solely on the release of the FDD and the inclusion of the subsidiary's financial statements.
Guidance, Outlook, and Risks
The Company explicitly states that the information in this report is being furnished, not filed, pursuant to Regulation FD. Consequently, the information will not be incorporated by reference into any registration statement unless specifically identified. The Company notes that the furnishing of this information does not constitute a determination that the information is material or complete, nor does it imply that investors should consider this information before making an investment decision.
Investor Verification Checklist
- Review Exhibit 99.1 to obtain the actual financial figures for Poke Co Holdings, LLC, as they are not listed in the main text.
- Verify the distinction between the parent company (Muscle Maker, Inc.) and the subsidiary (Poke Co Holdings, LLC) regarding financial performance.
- Confirm the status of the Franchise Disclosure Document and its implications for the subsidiary's expansion.
- Note the regulatory disclaimer that this information is furnished under Regulation FD and may not be considered material by the registrant.