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, on April 18, 2023. The report discloses unaudited preliminary revenue results for March 2023 related to Sadot LLC, a wholly owned Delaware subsidiary of the Company.
Key Financial Metrics
The filing text does not provide specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity. The document serves as a notification that a press release containing these unaudited preliminary results has been issued and is attached as Exhibit 99.1, but the figures themselves are not embedded in the body of this 8-K.
Material Changes
No material changes versus prior periods are quantified in this filing. The report solely announces the issuance of preliminary revenue data for the subsidiary for the month of March 2023.
Guidance, Outlook, and Risks
The filing contains no forward-looking guidance, management commentary on future outlook, or specific risk factors beyond standard legal disclaimers. The information provided in Item 2.02 and the attached press release is explicitly stated as not being "filed" for purposes of 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 April 18, 2023) to obtain the actual unaudited revenue figures for Sadot LLC for March 2023.
- Verify the legal distinction that the financial data in this 8-K is not deemed "filed" under the Exchange Act.
- Confirm the subsidiary relationship between Muscle Maker, Inc. and Sadot LLC.
- Check subsequent filings for audited financial statements to validate the preliminary March 2023 results.