---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-22-005556"
form_type: "8-K"
ticker: "RAVE"
cik: "0000718332"
company_name: "RAVE RESTAURANT GROUP, INC."
filed_at: "2022-02-15T23:59:59+00:00"
generated_at: "2026-06-27T08:09:41.817188+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# RAVE Restaurant Group extinguishes $1.6M convertible notes due 2022 in cash

## Summary
- Paid $1.6 million in cash at maturity on February 15, 2022 for 4% Convertible Senior Notes due 2022.
- Notes extinguished without conversion, eliminating potential dilution from conversion into common stock.
- CFO Clint Fendley says payoff increases financial flexibility for growth investments in Pie Five and Pizza Inn.

## SEC filing metadata
- accession: 0001140361-22-005556
- form_type: 8-K
- ticker: RAVE
- cik: 0000718332
- company_name: RAVE RESTAURANT GROUP, INC.
- filed_at: 2022-02-15T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/718332/000114036122005556/0001140361-22-005556-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/718332/000114036122005556/brhc10034094_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-22-005556
- JSON: https://secwatch.observer/filing/0001140361-22-005556.json
- Plain text: https://secwatch.observer/filing/0001140361-22-005556.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.