UPDATED: Chanticleer Holdings Inc. [HOTR] to Ring The NASDAQ Stock Market Closing Bell
ADVISORY, June 26, 2012 (GLOBE NEWSWIRE) --
Chanticleer Holdings Inc. [HOTR], an international franchisee of Hooters restaurants, will visit the NASDAQ MarketSite in Times Square in celebration of their upgrade and recent offering, which took place on June 21, 2012, on the NASDAQ Capital Market.
In honor of the occasion, Mike Pruitt, Chairman & CEO of Chanticleer, along with the CEO of Hooters, Terry Marks, will ring the Closing Bell.
NASDAQ MarketSite – 4 Times Square – 43rd & Broadway – Broadcast Studio
Tuesday, June 26, 2012 – 3:45 p.m. to 4:00 p.m. ET
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About Chanticleer Holdings Inc. [HOTR]:
Chanticleer Holdings is a business operator focused on expanding the Hooters casual dining restaurant brand in international markets. Chanticleer currently has rights to develop and operate Hooters restaurants in South Africa and has joint ventured with the current franchisee in Australia. The company also has franchise rights to develop Hungary and parts of Brazil while evaluating several additional opportunities internationally. In 2011, Chanticleer and a group of noteworthy private equity investors, which included H.I.G. Capital, KarpReilly, LLC and Kelly Hall, president of Texas Wings Inc., the largest Hooters franchisee in the United States, acquired Hooters of America (HOA), a privately held company. Today, HOA is the franchisor and operator of over 450 Hooters restaurants in 44 states and 28 foreign countries. In addition to Chanticleer maintaining its ownership stake in HOA, its CEO, Mike Pruitt, is also a member of HOA's Board of Directors. For further information, please visit www.chanticleerholdings.com or www.hooters.com.
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