Muscle Maker appoints Mark McKinney to board; Sadot LLC hits $9.9M net income milestone

Sadot Group Inc.

Sadot LLC, wholly owned subsidiary, generated $9.9M net income (preliminary, unaudited) as of May 31, 2023.
Mark McKinney appointed to board after Aggia nomination following net income milestone.
McKinney brings 30+ years experience; former COO of Local Bounti and Sunkist, CEO at Al Ghurair Foods.
Aggia has right to nominate up to eight directors; five appointed to date, three more seats remain.

item 2.02 item 5.02 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Mark McKinney

Director

SDOT · Sadot Group Inc.

Effective: 2023-06-09
Filed: June 9, 2023, 7:59 PM ET

On June 9, 2023, Aggia nominated Mark McKinney as a director to the Board after Sadot has generated $9.9 million in net income and the Board voted to increase the size of the Board from twelve to fifteen and appointed Mr. McKinney as a director of the Company to fill one vacancy.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Sadot Group Inc. reported as of May 31, 2023 results: net income $9.9 million.

Period: as of May 31, 2023
Net income: $9.9 million
Result: preliminary results

Exact text from the filing

Sadot LLC generated net income for Muscle Maker of $9.9 million milestone which triggers the final three board nominations by Aggia LLC FZ as outlined in a service agreement reached on November 18, 2022.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Mark McKinney was appointed as Director at Sadot Group Inc..

Action: appointed
Role: Director

Exact text from the filing

On June 9, 2023, Aggia nominated Mark McKinney as a director to the Board after Sadot has generated $9.9 million in net income and the Board voted to increase the size of the Board from twelve to fifteen and appointed Mr. McKinney as a director of the Company to fill one vacancy.

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 0001493152-23-020672

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.