WhereDaily News: Chanticleer Holdings Raises Approximately $6.0 Million to Date in Rights Offering; Expects to Close Little Big Burger Acquisition and Australia Transaction by September 30; Extends Rights Offering Deadline to End of Day Tuesday, September 22
CHARLOTTE, NC--(Marketwired - September 21, 2015) - Chanticleer Holdings, Inc. (NASDAQ: HOTR) ("Chanticleer" or the "Company"), owner and operator of multiple restaurant brands internationally and domestically, today announced that it has received subscriptions totaling approximately $6.0 Million to date through its Rights Offering. The Company expects to close its planned acquisition of Little Big Burger and increase its ownership in Hooters Australia by September 30, 2015. Given increased shareholder demand in the final day of the Rights Offering, the Company has extended the Rights Offering until end of day Tuesday, September 22, 2015 to provide additional time to accommodate shareholder of record orders.