Business Context and Reporting Period
This Form 8-K was filed by Muscle Maker, Inc. (Nasdaq: GRIL) on June 8, 2023. The filing reports on unaudited preliminary financial results for Sadot LLC, a wholly owned subsidiary of the Company. The filing is designated as an emerging growth company report.
Key Financial Metrics
The filing text does not provide specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity. It references a press release (Exhibit 99.1) containing the unaudited preliminary net income and revenue results for Sadot LLC, but the figures are not embedded in the provided text.
Material Changes
No material changes versus prior periods are detailed in the text of this filing. The document serves solely to announce the issuance of the press release regarding the subsidiary's preliminary results.
Guidance, Outlook, and Risks
The filing includes a standard disclaimer under General Instruction B.2 of Form 8-K. The information contained in Item 2.02 and the accompanying press release is not deemed "filed" for purposes of Section 18 of the Exchange Act and is not subject to the liabilities of that section. No specific guidance, outlook, or risk factors are detailed in the provided text.
Investor Verification Checklist
- Review Exhibit 99.1 (Press Release dated June 8, 2023) to obtain the specific unaudited net income and revenue figures for Sadot LLC.
- Verify the relationship between Sadot LLC's preliminary results and Muscle Maker, Inc.'s consolidated financial position.
- Confirm whether the preliminary results for Sadot LLC have been audited or reconciled in subsequent filings.