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Restaurant founder, Michael McDermott, decided to create Kona Grill with more American-themed menu items. The new restaurant was made to have a modern ambiance. McDermott sold Sushi on Shea in 2002 to focus on expanding Kona Grill. [8] Kona Grill went public on August 16, 2005, with an initial public offering of $11 per share on the NASDAQ. The ...
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The results showed that Kona struggled during the first few months of 2024 as guest traffic dropped by 14% and same-store sales decreased by 9.7%.RELATED: 10 Restaurant Chains Tha
Sushi on Shea was sold in 2002 so efforts could be focused on growing Kona Grill. [3] Kona Grill went public on August 16, 2005 with an IPO of 2,875,000 shares at a cost of $11 per share. The company raised $28.8 million and grew its restaurant base to 9 locations by December 31, 2005. [4] [5] By 2014, Kona Grill had grown to 26 restaurants in ...
Film produced by James Doolittle of Center City Film & Video, Philadelphia, Pa. For doctors in Northern Kentucky, treating heroin addicts makes for a lonely career path. Dr. Mina Kalfas was certified to prescribe Suboxone soon after it came on the market.
Benihana was acquired by One Group, parent company of the STK and Kona Grill chains, in February 2024 for $365 million. [ 6 ] Benihana introduced the teppanyaki restaurant concept which originated in Japan in the late 1940s to the United States, and later to other countries.
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