This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Chanticleer Holdings And Hooters To Ring NASDAQ Closing Bell

NEW YORK, June 26, 2012 /PRNewswire/ -- Chanticleer Holdings, Inc. (NASDAQ: HOTR, HOTRU), an owner of privately held Hooters of America and franchisee focused on international expansion of the Hooters casual dining restaurant brand, will celebrate its June 21 listing on the NASDAQ Capital Market by ringing the closing bell today at 4 p.m. 

(Logo: )

Hooters of America Chief Executive Officer Terry Marks will join Chanticleer Holdings' Chairman and Chief Executive Officer Mike Pruitt at the bell podium along with Chanticleer Holdings' international operating partners, other directors of Hooters of America, the Miss Hooters International 2012 winner and the Miss Hooters of South Africa.

Following an investment in Hooters of America (HOA) in 2006, Chanticleer Holdings brought together a group of noteworthy private equity investors to acquire HOA in 2011, including H.I.G. Capital, KarpReilly, LLC and Kelly Hall, president of Texas Wings, Inc., the largest Hooters franchisee in the United States.

With more than 40 international restaurants in 28 countries, Hooters is among the world's most recognizable and iconic restaurant brands. The Hooters lifestyle brand, famed heritage as the original wings restaurant, and successful growth domestically and internationally over almost three decades is a powerful foundation on which to expand. Chanticleer Holdings' initial focus includes Australia, Brazil, Hungary and South Africa.

"This is an exciting day for Chanticleer, our international business partners and for the Hooters brand," said Mike Pruitt, who is also a member of the HOA board. "Since the purchase of Hooters in early 2011, we have assembled a new, strong leadership team at Hooters that has a keen focus on growing the brand both domestically and internationally, and we are thrilled to be part of that process."

The new executive leadership team, including Marks, Chief Operating Officer Sam Rothschild and Chief Marketing Officer Dave Henninger, brings professional restaurant and foodservice expertise and heightened credibility to the brand. 

"The Hooters team is excited about this new milestone in the next phase of growing the Hooters brand internationally, and we are thrilled to be a part of closing the bell at NASDAQ," Marks said. "The Hooters brand is recognized around the world and represents the fun-loving culture that makes our guests happy. As we embark on the next phase of growth, the new leadership team at Hooters is committed to a few simple tenets – great food, a fun and upbeat atmosphere, and unbeatable and uniquely Hooters service, all across the globe."

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $94.02 0.00%
FB $104.07 0.00%
GOOG $683.57 0.00%
TSLA $162.60 0.00%
YHOO $27.97 0.00%


Chart of I:DJI
DOW 16,204.97 -211.61 -1.29%
S&P 500 1,880.05 -35.40 -1.85%
NASDAQ 4,363.1440 -146.4150 -3.25%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs