UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT PURSUANT
TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
| May 31, 2017 | |
| Date of Report (Date of earliest event reported) | |
| | |
| | |
| KONA GRILL, INC. | |
| (Exact Name of Registrant as Specified in its Charter) | |
Delaware | | 001-34082 | | 20-0216690 |
(State or other jurisdiction of incorporation) | | (Commission File Number) | | (IRS Employer Identification No.) |
| 15059 North Scottsdale Road, Suite 300 Scottsdale, Arizona 85254 | |
| (Address of principal executive offices) (Zip Code) | |
| | |
| | |
| (480) 922-8100 | |
| (Registrant's telephone number, including area code) | |
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
[ ] | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
[ ] | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
[ ] | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
[ ] | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 8.01 Other Events.
Kona Grill, Inc. (the “Company”) indicated on its first quarter 2017 earnings conference call held on May 8, 2017 that it was seeking rent abatements or contemplating restaurant closures as part of its strategy to improve financial performance. As of May 31, 2017, the Company executed lease amendments for rent concessions for a one-year period at two of its existing restaurants, the terms of which are confidential. The Company continues to negotiate with certain of its landlords regarding rent abatement or closures of certain additional restaurants.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: June 2, 2017 | KONA GRILL, INC. | |
| | | |
| | | |
| By: | /s/ Christi Hing | |
| | Christi Hing | |
| | Chief Financial Officer | |
