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CHARLOTTE, NC--(Marketwired - June 19, 2015) - Chanticleer Holdings, Inc. (NASDAQ: HOTR) ("Chanticleer Holdings" or the "Company"), owner and operator of several restaurant brands globally, announced that on June 19, 2015, it entered into an agreement with an institutional investor and accredited investors for a registered direct placement ("Placement") of $2.15 million of common stock at $2.50 per share. The Securities Purchase Agreement also provides an overallotment right for the investor(s) to purchase up to $2.15 million of common stock at $2.50 per share during the 75 days following the initial closing. |
