Ruth’s Hospitality Group, Inc., Form 8-K (April 23, 2020)
Summary
A Form 8-K current report of Ruth's Hospitality Group, Inc., a Delaware company with Commission File Number 000-51485 whose common stock trades as RUTH on Nasdaq, with a date of report of April 23, 2020. Under Item 8.01, the company announced on April 23, 2020 that it would immediately repay the SBA Loans that two of its subsidiaries entered into with JPMorgan Chase Bank, N.A. under the CARES Act, administered by the Small Business Administration. The report is signed /s/ Arne G. Haak, Executive Vice President and Chief Financial Officer, on April 24, 2020.
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Full text
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): April 23, 2020 RUTH’S HOSPITALITY GROUP, INC. (Exact name of Registrant as Specified in Its Charter) Delaware | 000-51485 | 72-1060618 (State or Other Jurisdiction of Incorporation) | (Commission File Number) | (IRS Employer Identification No.) 1030 W. Canton Avenue , Ste. 100 Winter Park , FL | 32789 (Address of Principal Executive Offices) | (Zip Code) Registrant’s Telephone Number, Including Area Code: ( 407 ) 333-7440 Not Applicable (Former Name or Former Address, if Changed Since Last Report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instructions A.2. below): ☐ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class | Trading Symbol(s) | Name of each exchange on which registered Common Stock, par value $0.01 per share | RUTH | Nasdaq Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐ Item 8.01. Other Events On April 23, 2020, Ruth’s Hospitality Group, Inc. (the “Company”) announced that it would immediately repay the loan agreements (“SBA Loans”) that two of its subsidiaries entered into with JPMorgan Chase Bank, N.A. under the recently enacted Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”) administered by the Small Business Administration. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. RUTH’S HOSPITALITY GROUP, INC. Date: April 24, 2020 | By: | /s/ Arne G. Haak Arne G. Haak Executive Vice President and Chief Financial Officer
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