secwatch / observer

ONE Group Hospitality, Inc. — fact timeline

Source-grounded facts extracted from ONE Group Hospitality, Inc.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

STKS ONE Group Hospitality, Inc. JSON
Earnings Releases

ONE Group Hospitality, Inc. reported second quarter ending June 28, 2026 results: revenue $202 to $206. Guidance reaffirmed.

“Benihana integration synergies. ​ Financial Results and Other Select Data US$s in millions ​ Q2 2026 Guidance June 28, 2026 2026 Guidance December 27, 2026 Total GAAP revenues $202 to $206 $840 to $855 Consolidated comparable sales ​ 1% to 2% 1% to 3% Managed, license and franchise fee revenues ​ $3 to $4 $14 to $15 Total owned operating expenses as a”
Earnings Releases

ONE Group Hospitality, Inc. reported first quarter ended March 29, 2026 results: revenue $212.8 million, net income $3.2 million.

“Total GAAP revenues increased 0.8% to $212.8 million from $211.1 million”
Governance Changes

ONE Group Hospitality, Inc.: Fiscal year changed from calendar-based to 52/53-week fiscal year ending on last Sunday in December (effective 2025-04-29).

“On April 29, 2025, the Board of Directors of The ONE Group Hospitality, Inc. (the “Company”) approved changing the Company’s fiscal year from a calendar-based fiscal year to a 52/53-week fiscal year ending on the last Sunday in December.”
M&A Transactions

ONE Group Hospitality, Inc. completed an acquisition involving Safflower Holdings LLC for $365.0 million in cash (closed 2024-05-01).

“On May 1, 2024, The ONE Group Hospitality, Inc. (the “Company”) filed a current report on Form 8-K reporting the completion of its acquisition of 100% of the issued and outstanding equity interests of Safflower Holdings Corp. from Safflower Holdings LLC, for $365.0 million in cash”
Earnings Releases

ONE Group Hospitality, Inc. reported first quarter ended March 31, 2024 results: revenue $85.0 million, net income $2.1 million, EPS $0.07 net loss per share.

“● Total GAAP revenues increased 3.0% to $85.0 million from $82.6 million; ● Comparable sales* decreased 7.9%; ● GAAP net loss attributable to The ONE Group was $2.1 million, or $0.07 net loss per share”
M&A Transactions

ONE Group Hospitality, Inc. completed an acquisition involving Safflower Holdings LLC for $365.0 million in cash (closed 2024-05-01).

“On the Closing Date, the Company acquired 100% of the issued and outstanding equity interests of Safflower Holdings Corp. from Safflower Holdings LLC, for $365.0 million in cash, subject to customary adjustments for indebtedness, cash, net working capital and seller transaction expenses (the “Acquisition”).”

Scott Ross was appointed as Director at ONE Group Hospitality, Inc..

“James Chambers and Scott Ross were appointed as Class I and Class III directors, respectively, to the Company’s Board of Directors”

James Chambers was appointed as Director at ONE Group Hospitality, Inc..

“James Chambers and Scott Ross were appointed as Class I and Class III directors, respectively, to the Company’s Board of Directors”
Material Agreements

ONE Group Hospitality, Inc. entered into Investment Agreement with HPC III Kaizen LP, HPS Investment Partners, LLC valued at 160,000 shares of Series A Preferred Stock at $1,000 per share; Penny Warrants for 5.33% fully dilut (effective 2024-03-26).

“the Company, HPC III Kaizen LP, an affiliate of Hill Path Capital LP (“HPC Investor”), and HPS Investment Partners, LLC (“HPS Investor” and collectively with HPC Investor, “Investors”) entered into an investment agreement (the “Investment Agreement”) whereby the Investors agreed to purchase (a) an aggregate of 160,000 shares of the Company’s Series A Preferred Stock, par value $0.0001 per share (the “Preferred Stock”), at a price and with a liquidation preference of $1,000 per share; (b) warrants (in the form attached to the Investment Agreement, the “Penny Warrants”) to purchase a number of shares of Common Stock of the Company that in the aggregate will represent 5.33% of the fully diluted shares of Common Stock of the Company at closing at an exercise price of $0.01 per share; and (c) warrants (in the form attached to the Investment Agreement, the “Market Warrants”) to purchase, in the aggregate, 1,066,667 shares of Common Stock of the Company, at an exercise price of $10.00 per sha”
Material Agreements

ONE Group Hospitality, Inc. entered into Stock Purchase Agreement with Safflower Holdings LLC valued at $365.0 million in cash (effective 2024-03-26).

“On March 26, 2024, The ONE Group Hospitality, Inc. (the “Company”), TOG Kaizen Acquisition, LLC, a wholly owned subsidiary of the Company (“Buyer”), Safflower Holdings LLC and Safflower Holdings Corp. entered into a stock purchase agreement (the “Stock Purchase Agreement”) pursuant to which Buyer will purchase 100% of the issued and outstanding equity interests of Safflower Holdings Corp. from Safflower Holdings LLC, for $365.0 million in cash”
Earnings Releases

ONE Group Hospitality, Inc. reported fourth quarter and full year ended December 31, 2023 results: revenue Total GAAP revenues increased 1.8% to $89.9 million from $88.3 million, net income GAAP net income attributable to The ONE Group was $4.6 million, or $0.15 per share ($0.17 adjusted net income per share), EPS $0.15 per share.

“fourth quarter and full year ended December 31, 2023. ​ Highlights for the fourth quarter compared to the same quarter in 2022 are as follows: ​ ● Total GAAP revenues increased 1.8% to $89.9 million from $88.3 million; ● Comparable sales* decreased 4.3% compared to 2022 and increased 40.1% compared to 2019; ● GAAP net income attributable to The ONE Group”
Earnings Releases

ONE Group Hospitality, Inc. reported the third quarter ended September 30, 2023 results: revenue $76.9 million, net income GAAP net loss attributable to The ONE Group was $3.1 million, or $0.10 per share ($0.08 adjusted net loss per share), EPS $0.10 per share.

“for the third quarter ended September 30, 2023. ​ Highlights for the third quarter compared to the same quarter in 2022 are as follows: ​ ● Total GAAP revenues increased 5.3% to $76.9 million from $73.0 million; ● Consolidated comparable sales* decreased 3.0% and increased 41.7% compared to 2019; ● GAAP net loss attributable to The ONE Group was $3.1 million, or $0.10”
Earnings Releases

ONE Group Hospitality, Inc. reported the second quarter ended June 30, 2023 results: revenue $83.4 million, net income $0.6 million, or $0.02 per share.

“for the second quarter ended June 30, 2023. ​ Highlights for the second quarter compared to the same period in 2022 are as follows: ​ ● Total GAAP revenues increased 2.8% to $83.4 million from $81.1 million; ● Consolidated comparable sales* decreased 4.7% and increased 46.5% compared to 2019; ● GAAP net income attributable to The ONE Group was $0.6 million, or”
Shareholder Votes

ONE Group Hospitality, Inc. shareholders approved Approve the compensation of the Company's named executive officers at the 2023-05-17 meeting.

“3. To approve the compensation of the Company’s named executive officers, as disclosed in the proxy statement. FOR AGAINST ABSTAIN 17,931,930 4,893,469 26,066”
Shareholder Votes

ONE Group Hospitality, Inc. shareholders approved Ratify the appointment of Deloitte & Touche, LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2023 at the 2023-05-17 meeting.

“2. To ratify the appointment of Deloitte & Touche, LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023. FOR AGAINST ABSTAIN 25,386,954 1,077,817 954”
Shareholder Votes

ONE Group Hospitality, Inc. shareholders approved Election of two Class I directors to serve a three-year term expiring in 2026 at the 2023-05-17 meeting.

“Item 5.07 Submission of Matters to a Vote of Security Holders The results of the votes on the three matters considered at the Annual Meeting held on May 17, 2023 are as follows.”
Earnings Releases

ONE Group Hospitality, Inc. reported first quarter ended March 31, 2023 results: revenue $82.6 million, net income $2.6 million, EPS $0.08 per share. Guidance reaffirmed.

“● Total GAAP revenues increased 11.3% to $82.6 million from $74.2 million; ● Comparable sales* increased 1.6%; ● GAAP net income attributable to The ONE Group was $2.6 million, or $0.08 per share ($0.10 adjusted net income per share)****, compared to GAAP net income of $3.7 million, or $0.11 per share ($0.15 adjusted net income per share)****”
Debt Financings

ONE Group Hospitality, Inc. incurred term loan of $50 million with Goldman Sachs Bank USA, as collateral agent, and Goldman Sachs Specialty Lending Group, L.P., as administrative agent at SOFR plus 6.50% maturing August 6, 2026.

“On December 28, 2022, the Company borrowed $50 million of the delayed draw term facility and repaid $5 million on its revolving credit facility.”
Material Agreements

ONE Group Hospitality, Inc. amended Credit Agreement with Goldman Sachs Bank USA, as collateral agent, and Goldman Sachs Specialty Lending Group, L.P., as administrative agent valued at $50 million (effective 2022-12-13).

“On December 13, 2022, The ONE Group Hospitality, Inc. and certain of its subsidiaries (the “Company”), Goldman Sachs Bank USA, as collateral agent, and Goldman Sachs Specialty Lending Group, L.P., as administrative agent, entered into an amendment to the Credit Agreement that: · Allows for a new $50 million delayed draw term facility”
Earnings Releases

ONE Group Hospitality, Inc. reported third quarter ended September 30, 2022 results: revenue $73.0 million, net income $0.5 million, EPS $0.01 per share.

“for the third quarter ended September 30, 2022. ​ Highlights for the third quarter compared to the same period in 2021 are as follows: ​ ● Total GAAP revenues increased 1.6% to $73.0 million from $71.9 million; ● GAAP net income attributable to The ONE Group was $0.5 million, or $0.01 per share ($0.07 adjusted net income per share) ****, compared to GAAP net income”

Haydee Olinger was elected as Director at ONE Group Hospitality, Inc..

“the Board (1) increased the size of the Board to seven and (2) elected each of Ms. Lintonsmith and Ms. Olinger as Class II directors, initially to serve until the 2022 annual meeting of stockholders.”

Susan Lintonsmith was elected as Director at ONE Group Hospitality, Inc..

“the Board (1) increased the size of the Board to seven and (2) elected each of Ms. Lintonsmith and Ms. Olinger as Class II directors, initially to serve until the 2022 annual meeting of stockholders.”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.