ARK Restaurants Files 8-K, Confirms NASDAQ Listing
Ticker: ARKR · Form: 8-K · Filed: Feb 6, 2024 · CIK: 779544
| Field | Detail |
|---|---|
| Company | Ark Restaurants CORP (ARKR) |
| Form Type | 8-K |
| Filed Date | Feb 6, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.1875 |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: corporate-governance, regulatory-filing, compliance
TL;DR
**ARKR filed a routine 8-K, no major news, just confirming NASDAQ listing.**
AI Summary
ARK RESTAURANTS CORP. filed an 8-K on February 6, 2024, to report an 'Other Event' and 'Financial Statements and Exhibits.' This filing indicates a routine update to their public record, confirming their Common Stock (ARKR) is registered on The NASDAQ Stock Market LLC. For investors, this filing primarily serves as a confirmation of their listing status and general corporate information, rather than revealing new financial performance or strategic changes, meaning it doesn't immediately impact the stock's value.
Why It Matters
This filing is a standard corporate disclosure, confirming ARK Restaurants' listing on NASDAQ, which is important for maintaining transparency and regulatory compliance for investors.
Risk Assessment
Risk Level: low — This 8-K is a routine administrative filing and does not contain information that would introduce new risks or significantly alter the company's risk profile.
Analyst Insight
A smart investor would recognize this as a routine compliance filing with no immediate impact on the company's fundamentals or stock price, and thus no immediate action is required based solely on this 8-K.
Key Numbers
- $.01 — par value per share (the stated par value of ARK Restaurants Corp.'s Common Stock)
Key Players & Entities
- ARK RESTAURANTS CORP. (company) — the registrant filing the 8-K
- NASDAQ Stock Market LLC (company) — the exchange where ARKR Common Stock is registered
- February 6, 2024 (date) — date of earliest event reported and filing date
- Common Stock, par value $.01 per share (other) — the class of securities registered
- ARKR (other) — the trading symbol for ARK Restaurants Corp.
Forward-Looking Statements
- ARKR's stock price will remain stable following this routine filing. (ARKR) — high confidence, target: 2024-02-07
FAQ
What is the primary purpose of this 8-K filing by ARK RESTAURANTS CORP.?
The primary purpose of this 8-K filing, dated February 6, 2024, is to report 'Other Events' and 'Financial Statements and Exhibits,' which includes confirming the registration of its Common Stock on The NASDAQ Stock Market LLC.
On which stock exchange is ARK RESTAURANTS CORP.'s Common Stock traded?
ARK RESTAURANTS CORP.'s Common Stock, with the trading symbol ARKR, is registered on The NASDAQ Stock Market LLC, as stated in the filing.
What is the par value of ARK RESTAURANTS CORP.'s Common Stock?
The par value of ARK RESTAURANTS CORP.'s Common Stock is $.01 per share, as indicated in the 'Title of each class' section of the filing.
What is the business address and phone number of ARK RESTAURANTS CORP.?
ARK RESTAURANTS CORP.'s business address is 85 Fifth Avenue, New York, New York 10003, and their telephone number is (212) 206-8800, according to the filing.
Is ARK RESTAURANTS CORP. classified as an 'emerging growth company'?
No, the filing indicates with an 'o' next to 'Emerging growth company' that ARK RESTAURANTS CORP. is not an emerging growth company as defined by Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.
Filing Stats: 480 words · 2 min read · ~2 pages · Grade level 11.7 · Accepted 2024-02-06 16:23:25
Key Financial Figures
- $0.1875 — s declared a quarterly cash dividend of $0.1875 per share to be paid on March 13, 2024
Filing Documents
- arkr-20240206.htm (8-K) — 26KB
- q1-248xkdividendexhibit.htm (EX-99.1) — 6KB
- 0000779544-24-000011.txt ( ) — 156KB
- arkr-20240206.xsd (EX-101.SCH) — 2KB
- arkr-20240206_lab.xml (EX-101.LAB) — 23KB
- arkr-20240206_pre.xml (EX-101.PRE) — 12KB
- arkr-20240206_htm.xml (XML) — 3KB
01 Other Events
Item 8.01 Other Events. On February 6, 2024, the Board of Directors declared a quarterly cash dividend of $0.1875 per share to be paid on March 13, 2024 to shareholders of record of the Company's common stock at the close of business on February 29, 2024. 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.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits 99.1 Press Release, dated February 6, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document).
SIGNATURES
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: February 6, 2024