Tag Archive | Granite City stock

Granite City Food & Brewery Completes $6.5 Million Equity Financing with Concept Development Partners

Granite City Food & Brewery Ltd. (NASDAQ: GCFB) today announced that it has completed its previously announced transaction with Concept Development Partners, LLC (“CDP”), its controlling shareholder, pursuant to which CDP invested an additional $6.5 million in exchange for 3,125,000 shares of Granite City’s common stock. Granite City also entered […]

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Granite City Food & Brewery Receives Favorable Decision from NASDAQ

Granite City Food & Brewery Ltd. has received the decision of the Hearings Panel of The NASDAQ Stock Market, notifying the Company that it had granted the Company’s request for continued listing, subject to certain conditions. The decision followed the Company’s failure to comply with the minimum shareholders’ equity requirement […]

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Granite City Reports 7.2% Increase in Revenue in Fourth Quarter 2011

Granite City Food & Brewery Ltd. (NASDAQ: GCFB), a Modern American upscale casual restaurant chain, today reported results for the fourth quarter and fiscal year ended December 27, 2011. Highlights were as follows: Total restaurant sales increased 7.2% to $23.2 million for the fourth quarter of 2011 from $21.6 million in […]

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