Business
Rocky Mountain Chocolate Factory Issues Statement on AB Value and Bradley Radoff Group ("AB Value") Announcement Accepting the Company's Settlement Terms to End Proxy Contest
Durango, Colorado--(Newsfile Corp. - July 29, 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. - July 29, 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 issued the following statement in connection with a news release made public earlier today by the AB Value and Bradley Radoff Group (\"AB Value\").\n\"We welcome the announcement that AB Value has agreed to our settlement terms set forth in our July 22 press release. We delivered to AB Value today an agreement incorporating those terms. We look forward to their swift execution of that agreement so that we can turn our full attention to our plans to deliver stockholder value.\"\nAbout Rocky Mountain Chocolate Factory, Inc.\nRocky 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, the \"Proxy Statement\") in connection with the solicitation of proxies from stockholders for the 2022 Annual Meeting. RMCF STOCKHOLDERS ARE STRONGLY ENCOURAGED TO READ THE PROXY STATEMENT (INCLUDING ANY AMENDMENTS OR SUPPLEMENTS THERETO) AND ALL OTHER DOCUMENTS FILED WITH THE SEC CAREFULLY AND IN THEIR ENTIRETY BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION. This communication is not a substitute for the Proxy Statement or any other document that may be filed by RMCF with the SEC. Investors and stockholders may obtain a copy of the Proxy Statement, an accompanying WHITE ...