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Rocky Mountain Chocolate Factory Comments on the Failure of AB Value and Bradley Radoff Group to Disclose to Stockholders the Current Employment Status of Their Remaining Nominee
Durango, Colorado--(Newsfile Corp. - August 3, 2022) - Rocky Mountain Chocolate Factory, Inc. (NASDAQ: RMCF) (the "Company" or "RMCF"), an international
About this update from Rocky Mountain Chocolate Factory, Inc.
[{"type":"text","content":"Durango, Colorado--(Newsfile Corp. - August 3, 2022) - Rocky Mountain Chocolate Factory, Inc. (NASDAQ: RMCF) (the \"Company\" or \"RMCF\"), an international franchiser and manufacturer of gourmet chocolates and other confectionary products, today said that AB Value and Bradley Radoff Group (\"AB Value\") has failed to disclose to RMCF stockholders a material change regarding the employment status of its nominee, Mary Bradley. In her interview with the RMCF Board this week, Ms. Bradley disclosed she is no longer employed by Planet Fitness, Inc. AB Value's proxy materials describe her as a current Planet Fitness employee.\nRMCF has taken upon itself this disclosure since AB Value has failed to do so in a timely fashion.\nIn addition, the Company is puzzled by AB Value's press release issued last evening. The release failed to reference Ms. Bradley at all and, instead of updating stockholders on her status, complains that the Company has not responded to an illusory proposal with a brand-new last-minute candidate (their seventh so far) who was not included in any of AB Value's prior nomination or proxy materials.\nTHE COMPANY URGES STOCKHOLDERS TO VOTE FOR ALL DIRECTOR NOMINEES AND OTHER PROPOSALS USING THE WHITE PROXY CARD\nEven if you have already signed a blue card, you may change it now.\nAbout Rocky Mountain Chocolate Factory, Inc.Rocky Mountain Chocolate Factory, Inc., headquartered in Durango, Colorado, is an international franchiser of gourmet chocolate, confection and self-serve frozen yogurt stores and a manufacturer of an extensive line of premium chocolates and other confectionery products. The Company, its subsidiaries and its franchisees and licensees operate more than 325 Rocky Mountain Chocolate Factory and self-serve frozen yogurt stores across the United States, South Korea, Qatar, the Republic of Panama, and The Republic of the Philippines. The Company's common stock is listed on the Nasdaq Global Market under the symbol \"RMCF.\"\nImportant Additional Information and Where to Find It\nIn connection with the 2022 Annual Meeting of Stockholders, RMCF has filed its definitive proxy statement on Schedule 14A, an accompanying WHITE proxy card with the Securities and Exchange Commission (the \"SEC\") on July 5, 2022, as supplemented by the Supplement to Proxy Statement filed with the SEC on July 7, 2022 (collectively,...