If you're looking to buy heavily shorted stocks, make sure you buy the right ones.
-The Better Burger Brand Commences Trading on Nasdaq Under “BFI” Ticker-
OPES Acquisition's (OPES -1.0%) business combination target, BurgerFi International, has named Julio Ramirez, as CEO.Ramirez has nearly three decades of experience in the burger industry having previously served in several senior positions at Burger King, a Restaurant Brands International (QSR -1.5%) subsidiary.
BurgerFi Appoints Former Chief Operations Officer for Global Operations at Burger King to Lead Company Through its Next Chapter of Growth
Better Burger Concept Enters the Spicy Chicken Sandwich Wars With Its Take on the Popular Menu Item, Utilizing Ghost Pepper Honey as Its Not-So-Secret Spicy and Delicious Weapon Palm Beach, FL (Restau
Better Burger Concept Enters the Spicy Chicken Sandwich Wars With Its Take on the Popular Menu Item, Utilizing Ghost Pepper Honey as Its Not-So-Secret Spicy and Delicious Weapon
"One of the areas in the SPAC space that I'm particularly focused on is the incentives and compensation to the SPAC sponsors," SEC Chairman Jay Clayton told CNBC."There are two steps.
OPES Acquisition's (OPES -5.7%) business combination target BurgerFi International signed letters of intent for 30+ new units; besides the signed LOIs the better-burger brand has nine new stores scheduled to open before 2020 end.Florida-based BurgerFi has ~125 locations across 23 states and two countries internationally; expanding in the GCC region, it has newly signed six-unit term sheet for Saudi Arabia, Eastern Province.OPES and BurgerFi are currently on track to merge in Q4; BurgerFi is positioned for a Q4 unit growth and an impressive pipeline in 2021 for new opening.Additionally, BurgerFi has signed LOIs for 18 new locations in Florida and an additional 12 more outside of Florida, including a mix of traditional and non-traditional units.
BurgerFi Plans to Open Nine Additional Units by Year-End 2020
NORTH PALM BEACH, FL / ACCESSWIRE / September 2, 2020 / OPES Acquisition Corp. (NASDAQ:OPES, OPESW) and its business combination target, BurgerFi International, one of the nation's fastest-growing better burger concepts, have been invited to present at the 9th Annual Gateway Conference, which is being held virtually on September 9-10, 2020. OPES and BurgerFi management are scheduled to present on Wednesday, September 9th at 11:30a.m.
Executives from a Range of Industries to Present to 500+ Institutional Investors & Analysts NEWPORT BEACH, CA / ACCESSWIRE / August 27, 2020 / The Gateway Conference is back for its 9th year and will showcase both public and private companies virtually on September 9th and 10th. Attendees will have the opportunity to discover and learn about a select group of compelling companies across a wide range of industries, including consumer
A hot market for special-purpose acquisition companies, or SPACs, generated an abundance of new issuance. But there are only so many investors willing and able to buy these private-equity-like vehicles, and it’s starting to look like there’s more supply than demand.
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OPES Acquisition (OPES -1.0%) recently announced plans to combine with BurgerFi International, and the better burger concept has been on a strong growth trajectory, with plans to open 15 restaurants this year.In June Delivery Sales increased 65% Y/Y, and for first six months 3rd party delivery YTD + in-house app orders were up 428,000, sales reached $10.9M, order & sales volumes were up 32% and 60%.In addition to partnerships with DoorDash, GrubHub, Postmates and UberEats, BurgerFi has developed its own app for third-party delivery.OPES anticipates merger with BurgerFi to close in Q3.
Does the market really need yet another better-for-you burger joint?
BurgerFi’s Delivery-Only Ghost Kitchens Bring Better-Burgers to Millions More
Opes Acquisition (OPES +1.4%) and BurgerFi International have entered into a non-binding letter of intent to combine business, resulting in BurgerFi becoming a publicly traded company on the NASDAQ st