FALSE
0000779544
0000779544
2022-08-10
2022-08-10
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
______________________
FORM
8-K
CURRENT REPORT
Pursuant to Section 13 or Section 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):
November 8, 2023
ARK RESTAURANTS CORP.
(Exact name of registrant as specified in its charter)
New York 1-09453 13-3156768
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
85 Fifth Avenue
New York
,
New York
10003
(Address of principal executive offices, with zip code)
Registrant's telephone number, including area code:
(
212
)
206-8800
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:
[ ] 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))
Securities registered pursuant to section 12(b) of the Act:
Title of each class Trading Symbol(s) Name of each exchange on which registered
Common Stock, par value $.01 per share ARKR The NASDAQ Stock Market LLC
Indicate by check mark whether the registrant is an emerging growth company as
defined in Rule 405 of the Securities Act of 1933 ((s)230.405 of this chapter)
or Rule 12b-2 of the Securities Exchange Act of 1934 ((s)240.12b of this
chapter).
Emerging growth company
o
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.
o
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Item 8.01 Other Events.
On November 8, 2023, Ark Restaurants Corp. issued a press release announcing
that its Board of Directors (the "Board") declared a cash dividend of $0.1875
per share to be paid on December 13, 2023 to shareholders of record at the
close of business on November 30, 2023. Future decisions to pay dividends, and
the amount of any dividend, are at the discretion of the Board and will depend
upon the Company's operating performance and other factors. A copy of the
press release titled "Ark Restaurants Announces Declaration of Dividend" is
attached as Exhibit 99.1 and is incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
99.1
Press Release, dated November 8, 2023
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.
ARK RESTAURANTS CORP.
By: /s/ Michael Weinstein
Name: Michael Weinstein
Title: Chief Executive Officer
Date: November 8, 2023
Exhibit 99.1
Ark Restaurants Announces Declaration of Dividend
CONTACT:
Anthony J. Sirica
(212) 206-8800
ajsirica@arkrestaurants.com
NEW YORK, New York - November 8, 2023 --
Ark Restaurants Corp. (NASDAQ:ARKR) announced today that the Board of
Directors (the "Board") declared a cash dividend of $0.1875 per share to be
paid on December 13, 2023 to shareholders of record at the close of business
on November 30, 2023. Future decisions to pay dividends, and the amount of any
dividend, are at the discretion of the Board and will depend upon the
Company's operating performance and other factors.
About Ark Restaurants Corp.
Ark Restaurants owns and operates 17 restaurants and bars, 16 fast food
concepts and catering operations primarily in New York City, Florida,
Washington, D.C, Las Vegas, Nevada and the gulf coast of Alabama. Four
restaurants are located in New York City, one is located in Washington, D.C.,
five are located in Las Vegas, Nevada, one is located in Atlantic City, New
Jersey, four are located on the east coast of Florida and two are located on
the Gulf Coast of Alabama. The Las Vegas operations include four restaurants
within the New York-New York Hotel & Casino Resort and operation of the
hotel's room service, banquet facilities, employee dining room and six food
court concepts and one restaurant within the Planet Hollywood Resort and
Casino. In Atlantic City, New Jersey, the Company operates a restaurant in the
Tropicana Hotel and Casino. The Florida operations include the Rustic Inn in
Dania Beach, Shuckers in Jensen Beach, JB's on the Beach in Deerfield Beach,
Blue Moon Fish Company in Lauderdale-by-the-Sea and the operation of four fast
food facilities in Tampa and six fast food facilities in Hollywood, each at a
Hard Rock Hotel and Casino operated by the Seminole Indian Tribe at these
locations. In Alabama, the Company operates two Original Oyster Houses, one in
Gulf Shores and one in Spanish Fort.
Cautionary Note Regarding Forward-Looking Statements
Except for historical information, this news release contains forward-looking
statements, within the meaning of Section 27A of the Securities Act of 1933,
as amended and Section 21E of the Securities Exchange Act of 1934, as amended.
These statements involve unknown risks, and uncertainties that may cause the
Company's actual results or outcomes to be materially different from those
anticipated and discussed herein. Important factors that might cause such
differences are discussed in the Company's filings with the Securities and
Exchange Commission. The Company disclaims any intention or obligation to
update or revise any forward-looking statements, whether as a result of new
information, future events or otherwise. Actual results could differ
materially from those anticipated in these forward-looking statements, if new
information becomes available in the future.
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