Muscle Maker, Inc., the owner of Muscle Maker Grill, the rapidly expanding fast-casual restaurant brand promoting a healthy lifestyle by offering nutritious alternatives to traditional dishes, today announced its intention to launch a Regulation A+ initial public offering that allows any qualified investor the opportunity to invest in its health-focused concept. Providing healthier fuel for an active lifestyle, the brand famous for serving lean, protein-based dishes including fresh greens, healthy wraps, fit bowls, skinny flatbreads, fruit smoothies, protein shakes and more, is actively seeking capital to support its aggressive domestic and international expansion plan. TriPoint Global Equities, LLC, working with its online division BANQ, will act as the lead managing selling agent and sole bookrunner for the offering.
Muscle Maker, Inc seeks to raise up to $19,999,998 in its Initial Public Offering (IPO) under Regulation A+ of the JOBS Act. In succession and subject to New York Stock Exchange (NYSE) requirements, the Company plans to list its securities on the NYSE American under the ticker “MMB.” Muscle Maker, Inc intends to use the proceeds from the offering to fund domestic and international expansion, working capital and other general corporate purposes.
“The significant growth that Muscle Maker Grill has experienced over the past two years is proof that consumers are seeking healthier versions of mainstream dishes that taste great, making it convenient, affordable and enjoyable to eat healthy,” says Robert E. Morgan, President and Chief Executive Officer of Muscle Maker, Inc. “We attribute our success to the contributions from our passionate employees and franchise partners, as well as the loyalty of our customers. We are excited to be in a position to offer this investment opportunity that gives our customers a chance to also be our shareholders.”
Founded in 1995, Muscle Maker Grill’s diverse menu was created for the masses, including fitness enthusiasts, those starting their journey to a healthier lifestyle, and people trying to eat better while on-the-go. Providing “Great Food with Your Health in Mind,” Muscle Maker Grill’s menu features items with grass-fed steak and all-natural chicken, as well as options that satisfy the most popular dietary preferences—from the carb-free consumer to guests following gluten-free and vegetarian diets. Muscle Maker Grill does not sacrifice taste to serve healthy options. Now, guests can have delicious, nutritionally balanced food without the regret. More than just food, Muscle Maker Grill restaurants are a friendly, relaxed and social environment where guests can enjoy great-tasting food and engage with fellow health enthusiasts in their local area.