Website: N/A
Stock Symbol: NASDAQ: NATH
Market Value: N/A (in millions)
As used herein, unless we otherwise specify, the terms “we,” “us,” “our,”
“Nathan’s” and the “Company” mean Nathan’s Famous, Inc. and its subsidiaries,
including Miami Subs Corporation, owner of the Miami Subs brand, NF Roasters
Corp., owner of the Kenny Rogers brand, and NF Treachers Corp., owner of the
Arthur Treachers brand.
On June 7, 2007, Nathan’s completed the sale of its wholly owned subsidiary,
Miami Subs Corporation to Miami Subs Capital Partners I, Inc. effective as of
May 31, 2007. Pursuant to the Stock Purchase Agreement Nathan’s sold all of the
stock of Miami Subs Corporation in exchange for $3,250,000, consisting of
$850,000 in cash and the Purchaser’s promissory note in the principal amount of
$2,400,000.
We have historically operated and franchised fast food units featuring Nathan’s
Famous brand all beef frankfurters, crinkle-cut French-fried potatoes, and a
variety of other menu offerings.