Muscle Maker appoints two board members as Sadot subsidiary exceeds $6.6M net income

Sadot Group Inc.

Marvin Yeo and Paul Sansom appointed to board effective April 10, 2023; filling slots allocated to Aggia under service agreement.
Sadot generated over $6.6M net income through March 31, triggering right to nominate two additional directors.
Company states Q4 2022 was first profitable quarter as public company excluding non-cash stock-based consulting expense.
Aggia may nominate remaining three board members upon Sadot generating another $3.3M in net income.

item 2.02 item 5.02 item 9.01

Executive movements

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Appointed

Paul Sansom

Director

SDOT · Sadot Group Inc.

Filed: April 11, 2023, 7:59 PM ET

the Company voted to increase the size of the Board from ten to twelve and approved the appointment of Marvin Yeo and Paul Sansom to the Board of Directors.

Appointed

Marvin Yeo

Director

SDOT · Sadot Group Inc.

Filed: April 11, 2023, 7:59 PM ET

the Company voted to increase the size of the Board from ten to twelve and approved the appointment of Marvin Yeo and Paul Sansom to the Board of Directors.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.75

Sadot Group Inc. reported preliminary financial results for the month of March 2023.

Period: the month of March 2023
Result: preliminary results

Exact text from the filing

On April 11, 2023, Muscle Maker, Inc. (the "Company") issued a press release announcing certain unaudited preliminary financial results for the month of March 2023 with respect to the operations of Sadot LLC, a Delaware limited liability company and a wholly owned subsidiary of the Company.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Paul Sansom was appointed as Director at Sadot Group Inc..

Action: appointed
Role: Director

Exact text from the filing

the Company voted to increase the size of the Board from ten to twelve and approved the appointment of Marvin Yeo and Paul Sansom to the Board of Directors.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Marvin Yeo was appointed as Director at Sadot Group Inc..

Action: appointed
Role: Director

Exact text from the filing

the Company voted to increase the size of the Board from ten to twelve and approved the appointment of Marvin Yeo and Paul Sansom to the Board of Directors.

View on SEC.gov

59 earnings releases filed in the last 30 days. Browse all earnings releases →

Sadot Group Inc. filing history →

Source: SEC EDGAR

accession 0001493152-23-011808

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