11:55 AM EDT, 06/07/2024 (MT Newswires) -- The ONE Group Hospitality ( STKS ) on Friday filed a registration statement with the US Securities and Exchange Commission covering the potential sale of up to $100 million of securities from time to time in one or more offerings.

The securities include common stock, preferred stock, debt securities, warrants, rights and units.

The company expects to use proceeds from the sale of securities for general corporate purposes, including working capital, capital expenditures, debt repayment, investments and acquisitions.

Shares of the company fell 1.5% in recent trading.

Price: 5.21, Change: -0.08, Percent Change: -1.51