Sadot LLC hits $9.9M net income milestone; triggers nomination of 3 new MMI board members

Sadot Group Inc.

Sadot LLC achieved $9.9M net income threshold, allowing Aggia LLC to nominate three final board members.
Aggia has already appointed five directors; with these three, all eight board positions will be filled, making total board size 15.
Sadot LLC contributed $418M in total revenue since November 2022; May 2023 revenue over $58.9M.
The milestone reflects Sadot LLC's growing profitability and supports MMI's transformation into a global food supply chain company.

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 since Sadot LLC's inception in November 2022 results: revenue over $418 million, net income $9.9 million.

Period: since Sadot LLC's inception in November 2022
Revenue: over $418 million
Net income: $9.9 million
Result: preliminary results

Exact text from the filing

() --- EX-99.1 2 ex99-1.htm Exhibit 99.1 Sadot LLC Achieves $9.9 Million Net Income Threshold, Triggers Nomination of Final Three Board Positions Sadot LLC Contributed Total of $418 Million in Revenue Fort Worth, Texas, June 8, 2023 (ACCESSWIRE) — Muscle Maker, Inc. (MMI), the “Company” (Nasdaq: GRIL), today announced its Sadot LLC subsidiary has crossed the key net

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Source: SEC EDGAR

accession 0001493152-23-020525

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