Highest-materiality recent filing
Rocky Mountain Chocolate Factory appoints Allen C. Harper as Interim CEO
Allen C. Harper, 81, appointed Interim CEO effective June 29, 2026; previously CEO of American Heritage Railways.
Rocky Mountain Chocolate Factory appoints Al Harper as Interim CEO
Allen C. Harper appointed Interim CEO and Principal Executive Officer effective June 30, 2026.
Interim CEO Jeffrey Geygan resigns effective June 26; remains on board
Jeffrey R. Geygan notified board of resignation as interim CEO on June 21, effective June 26, 2026.
Rocky Mountain Chocolate Factory appoints RRBB as new auditor, dismisses CohnReznick
Audit committee engaged Rosenberg Rich Baker Berman (RRBB) effective June 8, 2026 for FY ending Feb 28, 2027.
Rocky Mountain Chocolate Factory Q4 revenue down 24% to $6.8M; net loss per share widens to $0.38
Q4 revenue fell to $6.8M from $8.9M YoY; full-year revenue $27.5M vs $29.6M.
RMCF reports Q3 FY2026 revenue $7.5M; net loss narrows to $0.2M from $0.8M
Revenue $7.5M, down 5% YoY from $7.9M on intentional exit from lower-margin channels.
Sold 1,500,000 shares at $1.80 each to ARM-D Rocky Mountain Chocolate Holdings LLC for total proceeds of $2.7M.
Rocky Mountain Chocolate Factory signs 34 new store commitments, largest surge in history
Four area development agreements totaling 34 new stores, adding ~25% to full franchise store count.
RMCF furnishes investor presentation titled 'A Transformation in Progress'
Presentation furnished under Regulation FD for use in investor discussions.
RMCF Q2 FY2026 revenue $6.8M, gross loss $33K; net loss $0.7M unchanged YoY
Total revenue increased to $6.8M for Q2 FY2026, compared to $6.4M a year ago, driven by pricing actions and sales mix.
RMCF director resigns; Nasdaq non-compliance notice for listing rule 5605
Director Allen C. Harper resigned on Sept 15, 2025, due to other professional responsibilities.
Rocky Mountain Chocolate Factory borrows $1.8M from insiders at 12% interest
Borrowed $1.2M from RMCF2 Credit, LLC (affiliated with Interim CEO Jeffrey Geygan) via a new credit agreement.
All five director nominees (Craig, Geygan, Harper, Keating, Quinn) elected with 3.55M to 3.66M votes for; broker non-votes 1.88M.
Rocky Mountain Chocolate Factory transfers to Nasdaq Capital Market after equity deficiency
Nasdaq approved voluntary transfer from Global Market to Capital Market, effective July 24, 2025.
Rocky Mountain Chocolate Q1 net loss narrows to $324k; EBITDA turns positive
Revenue flat at $6.4M; product & retail gross profit improved to $0.3M from $(0.3M) YoY.
Rocky Mountain Chocolate Factory regains Nasdaq compliance after filing late 10-K
Received Nasdaq deficiency notice on June 17, 2025 for delinquent FY2025 10-K filing.
Rocky Mountain Chocolate Q4 FY2025 net loss widens to $2.9M; revenue rises to $8.9M
Q4 revenue $8.9M (up from $7.3M YoY); gross loss $0.8M vs $0.1M profit year-ago due to cocoa costs.
SVP of Operations Ryan McGrath to resign effective July 3, 2025
Ryan McGrath, SVP of Operations, notified his resignation effective July 3, 2025.
Rocky Mountain Chocolate Factory appoints Brian Quinn to board, Melvin Keating as chair
Brian Quinn appointed to Board; serves on Audit, Compensation, and Nominating Committees.
RMCF notified by Nasdaq of non-compliance; stockholders' equity $9.834M vs $10M minimum
Received deficiency letter on Jan 21, 2025 for failing Nasdaq Global Market stockholders' equity rule ($10M minimum).
RMCF settles with activist GVIC; adds two directors, standstill through 2027
GVIC designates Melvin Keating to board; Al Harper agreed as independent director.
Received Nasdaq deficiency letter on Nov 14, 2024 for non-compliance with independent director and audit committee requirements under Rule 5605.
Director Mark Riegel resigns from Rocky Mountain Chocolate Factory board effective Nov 6, 2024
Mark Riegel notified the Board of his resignation effective November 6, 2024.
RMCF Q2 FY2025 net loss narrows to $0.7M ($0.11/sh) on revenue of $6.4M
Total revenue $6.4M vs $6.6M in prior-year quarter; gross margin improved to 11.5% from 7.7%.
RMCF believes it regained Nasdaq minimum equity compliance after $2.1875M stock sale
Sold 1,250,000 common shares for $2,187,500 on Aug. 7, 2024, bringing equity above $10M threshold.
RMCF secures $6M credit facility from board-affiliate, replaces Wells Fargo debt
Credit agreement with RMC Credit Facility (affiliated with director Steve Craig) for $6M at 12% interest.
All five director nominees elected with at least 3.09M votes for each; quorum of 78.14% of shares represented.
RMCF raises $2.2M via private placement of 1.25M shares at $1.75/share
Gross proceeds of ~$2.2M from sale of 1.25M shares at $1.75/share (15% premium to Aug 5 close).
Rocky Mountain Chocolate sells $916,667 promissory note for $666,667 to Isaac Lee Collins, LLC
Company assigned a $1M secured promissory note to Isaac Lee Collins, LLC for $666,666.66 cash.
Rocky Mountain Chocolate Factory gets Nasdaq deficiency notice for low equity
Nasdaq notified RMCF that stockholders' equity of $9.018M is below the $10M minimum for continued listing on the Global Market.
Rocky Mountain Chocolate Factory appoints Carrie E. Cass as CFO
Appointment effective August 5, 2024; Cass previously CEO of Ballantine Communications.
Rocky Mountain Chocolate Factory Q1 revenue flat at $6.4M; loss deepens to $1.6M
Total revenue $6.4M flat YoY; product/retail gross profit turned negative at -$0.3M (margin -5.8%) due to higher raw materials and labor.
Rocky Mountain Chocolate Factory appoints Charles B. Arnold to Board and Audit Committee chair
Arnold fills board vacancy left by Brett Seabert's resignation; appointment effective June 25, 2024.
Rocky Mountain Chocolate Factory audit chair Brett P. Seabert resigns from board
Brett P. Seabert resigned as Director and Audit Committee Chair effective June 6, 2024.
Board appointed Jeffrey R. Geygan as principal financial officer and principal accounting officer, effective June 3, 2024.
Jeffrey R. Geygan appointed Interim CEO of Rocky Mountain Chocolate Factory
Jeffrey R. Geygan appointed Interim CEO effective May 16, 2024; role is temporary until a full-time CEO is hired.
Rocky Mountain Chocolate appoints Chairman Geygan as Interim CEO effective May 16
Starlette B. Johnson resigned as Interim CEO on May 13, 2024; she remains a Board member.
RMCF interim CEO Starlette B. Johnson resigns; Chairman Jeffrey R. Geygan appointed interim CEO
Starlette B. Johnson resigned as Interim CEO effective May 13, 2024; not due to disagreement with Company or Board.
Rocky Mountain Chocolate Factory CFO A. Allen Arroyo resigns effective May 17, 2024
CFO, principal financial and accounting officer A. Allen Arroyo notified resignation on May 6, 2024.
Rocky Mountain Chocolate Factory formalizes interim CEO compensation: $390k salary, RSU grant
Interim CEO Starlette B. Johnson appointed effective Jan 29, 2024; offer letter signed March 25, 2024 formalizing terms.
Rocky Mountain Chocolate names Starlette B. Johnson interim CEO, replaces Robert Sarlls
Robert Sarlls terminated without cause on Jan 27; severance includes 15 months base salary, pro-rated bonus, and 12 months COBRA.
RMCF receives waiver from Wells Fargo for current ratio covenant breach (1.42 vs 1.5)
As of Nov 30, 2023, company's current ratio was 1.42, below the required 1.5 in credit agreement with Wells Fargo.
Rocky Mountain Chocolate Q3 revenue $7.7M, net loss $0.8M; CEO sees FY25 turnaround
Total revenue $7.7M vs $8.8M year ago; gross margin fell to 10.2% from 24.5% on production constraints and relocation costs.
Rocky Mountain Chocolate appoints Steven L. Craig to Board of Directors
Board size increased from 5 to 6; Craig appointed on December 4, 2023.
Rocky Mountain Chocolate Factory furnishes investor presentation under Regulation FD
RMCF filed an 8-K on Nov 16, 2023, with Item 7.01 disclosing an investor presentation (Exhibit 99.1).
Rocky Mountain Chocolate Factory appoints CohnReznick as new auditor after Plante & Moran resigns
Plante & Moran resigned as auditor effective Oct 16, 2023 after completing Q2 FY2024 review.
Rocky Mountain Chocolate Q2 revenue flat; gross margin plunges to 7.6%
Revenue unchanged at $6.6M; product/retail gross profit fell to $0.4M from $1.2M, margin 7.6% vs 23.3%.
Rocky Mountain Chocolate Factory amends credit line; maturity extended to 2024, max reduced to $4M
Maturity of revolving credit line extended from September 30, 2023 to September 30, 2024.
Rocky Mountain Chocolate Factory unveils brand refresh, simplifies trade name
New brand identity unveiled at 2023 National Franchisee Convention in San Antonio, TX.
Board approved Third Amended and Restated Bylaws effective Sept 11, 2023.
On May 27, 2025, Ryan McGrath, SVP of Operations of Rocky Mountain Chocolate Factory, Inc. (the “Company”), notified the Company of his intention to resign effective July 3, 2025.
On March 12, 2025, the board of directors (the “ Board ”) of Rocky Mountain Chocolate Factory, Inc. (the “ Company ”) appointed Brian Quinn to the Board to serve until the Company’s next annual meeting of stockholders or until his earlier death, resignation or removal.
each of Starlette B. Johnson and Charles Arnold resigned as members of the Board.
each of Starlette B. Johnson and Charles Arnold resigned as members of the Board.
Messrs. Keating and Harper were appointed as members of the Board
Messrs. Keating and Harper were appointed as members of the Board
On November 6, 2024, Mark Riegel, serving as a Director of the Board of Directors (the “Board”) of Rocky Mountain Chocolate Factory, Inc. (the “Company”), notified the Board of his intention to resign effective November 6, 2024.
appointed Carrie E. Cass as Chief Financial Officer of the Company, to be effective on August 5, 2024.
On June 6, 2024, Brett P. Seabert, serving as a Director and Audit Committee Chair on the Board of Directors (the “Board”) of Rocky Mountain Chocolate Factory, Inc. (the “Company”), notified the Board of his intention to resign effective June 6, 2024.
On June 3, 2024, the Board of Directors (the “Board”) of Rocky Mountain Chocolate Factory, Inc. (the “Company”) appointed Jeffrey R. Geygan, the Company’s Interim Chief Executive Officer and a director to serve as the Company’s “principal financial officer” and “principal accounting officer” for purposes of the rules and regulations of the Securities and Exchange Commission (the “SEC”), effective immediately.
appointed Jeffrey R. Geygan to the position of Interim Chief Executive Officer, effective May 16, 2024
On May 16, 2024, the Board appointed Jeffrey R. Geygan, Chairman of the Board, as Interim Chief Executive Officer, effective immediately.
Max materiality 0.80 · Median 0.60 · Most common event leadership