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 that its $19.950 million initial public offering under Regulation A has been qualified by the Securities and Exchange Commission and investors may now invest at www.banq.co/listings/mm. The company is offering 4,200,000 shares of common stock at $4.75 per share. Muscle Maker has applied to list its common stock on the NYSE American and if approved by the NYSE American, will trade under the anticipated ticker symbol “MMB,” subject to NYSE American requirements. The offering is expected to close January 10. All orders must be indicated by Friday, January 5, 2018.
TriPoint Global Equities, LLC, working with its online division BANQ, is the lead managing selling agent and sole book runner for the IPO. The company seeks to raise up to $19.950 million in its IPO under Regulation A+, and intends to use the proceeds from the offering to fund domestic and international expansion, working capital and other general corporate purposes. This offering allows the investor the opportunity to invest in its healthier-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 domestic and international expansion plan.
Individuals interested in investing and learning more about the Muscle Maker Regulation A+ investment opportunity can register an indication of interest by visiting www.banq.co/listings/mm. For additional information on Muscle Maker, Inc, the offering and any other related topics, please review the Form 1-A offering circular that can be found at the following location.
“We are thrilled to be able to begin offering shares of common stock of Muscle Maker, Inc to investors and loyal guests,” says Robert E. Morgan, president and chief executive officer of Muscle Maker, Inc. “This offering will help support the growth of our healthier food concept both domestically and internationally, and meet the demand for customers looking for delicious and healthy alternatives to traditional fast food options.”
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.