{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-455480","form_type":"8-K","ticker":"GENK","cik":"0001891856","company_name":"GEN Restaurant Group, Inc.","filed_at":"2026-11-10T21:13:32+00:00","discovered_at":"2026-11-10T21:14:00.259428+00:00","generated_at":"2026-11-10T21:14:08.006377+00:00","sec_items":["2.02","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"GEN Restaurant signs LOI to sell 47 restaurants to Chubby for up to $100M; Q3 revenue falls 3.3%","bullets":["Signed binding LOI to sell 47 U.S. GEN Korean BBQ restaurants to Chubby Group for up to $100M; GEN keeps the brand, CPG business and Cerritos restaurant; definitive agreements pending.","Q3 2026 revenue $48.7M, down 3.3% YoY; restaurant revenue $44.0M (-12.7%) on a 9.2% comparable-sales decline; net loss $5.5M ($0.16/share).","CPG revenue was $4.7M versus none a year ago; retail distribution exceeds 2,000 doors, adding 14 Bristol Farms, 55 Vallarta Supermarkets, UCLA Dining and SoFi Stadium.","Loss from operations was $6.0M (12.4% of revenue) vs $3.7M; adjusted EBITDA loss $0.6M; G&A fell 15.3% to $5.5M.","Cash was $2.9M at Sept. 30; total debt $26.8M vs $14.6M at Dec. 31, 2025; GEN expects Chubby payments to eliminate outstanding debt."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-455480","json":"https://secwatch.observer/filing/0001193125-26-455480.json","markdown":"https://secwatch.observer/filing/0001193125-26-455480.md","text":"https://secwatch.observer/filing/0001193125-26-455480.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1891856/000119312526455480/0001193125-26-455480-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1891856/000119312526455480/genk-20261110.htm"},"model":{"generated_by":"deepseek-v4.1-flash:cloud@v2","generated_at":"2026-11-10T21:14:08.006377+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}