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BAGGER DAVE'S BURGER - $BDVB STOCK NEWS

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Rhea-AI Summary
BT Brands, Inc. and its affiliate, Bagger Dave’s Burger Tavern, Inc., plan to review strategic alternatives for the Bagger Dave’s public corporation and its six operating restaurant locations. The proposal includes changing the name of Bagger Dave’s, a reverse split of outstanding shares, and a potential equity offering registration statement. The company aims to uplist the shares to NASDAQ Markets or another exchange. CEO Gary Copperud noted that all six stores are in excellent locations, and the process of conversion to another concept is expected to begin later this year. BT Brands and Bagger Dave’s have retained Eastwalk Consultants, LLC, as an advisor in transitioning Bagger Dave’s to a growing listed corporation.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.93%
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BAGGER DAVE'S BURGER

Nasdaq:BDVB

BDVB Rankings

BDVB Stock Data

1.64M
15.57M
0.11%
Restaurants
Consumer Cyclical
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United States of America
Traverse City