secwatch.observer — SEC 8-K summary
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Issuer:     Good Times Restaurants Inc. (GTIM)
CIK:        0000825324
Form:       8-K
Filed at:   2024-05-29T23:59:59+00:00
Accession:  0001437749-24-018545
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.35
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Good Times Restaurants acquires Parker, CO location from franchisee; amends credit agreement
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- Purchased the Good Times Burgers & Frozen Custard location in Parker, Colorado from franchisee JGN Management (John Felton) on May 22, 2024.
- First Amendment to Credit Agreement with Cadence Bank consented to acquisition and allowed seller financing.
- Plans to install digital menu boards, POS system, new signage, awnings, and landscaping over the next few months.
- Expanded operating hours immediately upon taking over the restaurant.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/825324/000143774924018545/0001437749-24-018545-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/825324/000143774924018545/gtim20240528_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-018545

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer