---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-22-029201"
form_type: "8-K"
ticker: "RMCF"
cik: "0001616262"
company_name: "Rocky Mountain Chocolate Factory, Inc."
filed_at: "2022-12-16T23:59:59+00:00"
generated_at: "2026-06-21T03:21:26.073079+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Rocky Mountain Chocolate settles with activist AB Value; appoints director, pays $1.075M

## Summary
- Settlement resolves two Delaware lawsuits between company and AB Value/Radoff.
- Company pays $1,075,000 in fees to ABV-Radoff; mutual releases of claims.
- Board to appoint a female director designated by ABV-Radoff with FMCG franchise experience.
- Standstill period runs until 45 days before 2025 annual meeting; ABV-Radoff to vote with Board on most matters.
- New director to serve on Nominating and Audit Committees; ABV-Radoff ownership capped (10% AB Value, 12.5% Radoff).

## SEC filing metadata
- accession: 0001437749-22-029201
- form_type: 8-K
- ticker: RMCF
- cik: 0001616262
- company_name: Rocky Mountain Chocolate Factory, Inc.
- filed_at: 2022-12-16T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1616262/000143774922029201/0001437749-22-029201-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1616262/000143774922029201/rmcfd20221215_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-22-029201
- JSON: https://secwatch.observer/filing/0001437749-22-029201.json
- Plain text: https://secwatch.observer/filing/0001437749-22-029201.txt

## Key facts
- Material Agreements
  Rocky Mountain Chocolate Factory, Inc. entered into Settlement Agreement and Release with Bradley L. Radoff, Andrew T. Berger, AB Value Partners, LP, AB Value Management LLC, and Mary Bradley valued at one million and seventy-five thousand dollars ($1,075,000.00) (effective 2022-12-14).
  - Action: entry
  - Agreement: settlement
  - Counterparty: Bradley L. Radoff, Andrew T. Berger, AB Value Partners, LP, AB Value Management LLC, and Mary Bradley
  - Value: one million and seventy-five thousand dollars ($1,075,000.00)
  - Effective: 2022-12-14
  source text: On December 14, 2022 (the " Effective Date "), Rocky Mountain Chocolate Factory, Inc. (the “ Company ”) entered into a Settlement Agreement and Release (the “ Agreement ”), by and among the Company, Bradley L. Radoff, an individual (“ Radoff ”), Andrew T. Berger, an individual (“ Berger ”), AB Value Partners, LP (“ AB Value Partners ”), AB Value Management LLC (“ AB Value Management ” and, together with AB Value Partners, “ AB Value ” and, together with Radoff, “ ABV-Radoff ”), and Mary Bradley, an individual
  evidence_url: https://www.sec.gov/Archives/edgar/data/1616262/000143774922029201/0001437749-22-029201-index.htm

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