WhereDaily News: Kona Grill Announces Completion of Public Offering and Exercise in Full of Option to Purchase Additional Shares of Common Stock

SCOTTSDALE, AZ--(Marketwired - Jun 25, 2014) - Kona Grill, Inc. (NASDAQ: KONA), an American grill and sushi bar, today announced the completion of an underwritten public offering of 2,645,000 shares of its common stock at a public offering price of $18.50 per share. An aggregate of 2,345,000 of these shares were sold by the Company, which included 345,000 shares sold pursuant to the exercise in full by the underwriters of their option to purchase additional shares, and 300,000 shares were sold by certain selling stockholders. The offering closed on June 25, 2014. The gross proceeds to the Company from this offering were $43.4 million, before deducting the underwriting discount and other estimated offering expenses.

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