Item 1.01 Entry into a Material Definitive Agreement
On
The Company is not obligated to sell any Shares under the Distribution Agreement. Subject to the terms and conditions of the Distribution Agreement, J.P. Morgan will use commercially reasonable efforts, consistent with its normal trading and sales practices, to sell Shares from time to time based upon the Company's instructions, including any price, time or size limits or other customary parameters or conditions specified by the Company. Under the Distribution Agreement, J.P. Morgan may sell Shares by any method permitted by law deemed to be an "at the market offering" under Rule 415(a)(4) under the Securities Act of 1933, as amended, or by means of such other sales of the Shares on behalf of the Company as agreed by the Company and J.P. Morgan in writing. The Company will pay J.P. Morgan a commission of up to 3% of the gross sales price from each sale of Shares and provide J.P. Morgan with customary indemnification and contribution rights. The Distribution Agreement may be terminated by J.P. Morgan or the Company at any time upon notice to the other party.
The issuance and sale, if any, of the Shares by the Company under the
Distribution Agreement will be made pursuant to the Company's effective
registration statement on Form S-3 (Registration Statement No. 333-238806) (the
"Registration Statement"), filed with the
The foregoing description of the Distribution Agreement does not purport to be
complete and is qualified in its entirety by reference to the full text of the
Distribution Agreement, a copy of which is filed as Exhibit 1.1 to this Current
Report on Form 8-K and is incorporated herein by reference. The legal opinion of
Item 7.01 Regulation FD Disclosure
On
The information in Item 7.01 and Exhibit 99.1 is being "furnished" and shall not be deemed "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, is not subject to the liabilities of that section and is not deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Securities Exchange Act of 1934, as amended, except as shall be expressly set forth by specific reference in such a filing.
This Current Report on Form 8-K shall not constitute an offer to sell or the solicitation of an offer to buy any Shares under the Distribution Agreement nor shall there be any sale of such Shares in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state.
Item 9.01 Financial Statements and Exhibits
(d) Exhibits. Exhibit Number Description 1.1 Distribution Agreement, dated as ofJune 16, 2020 , by and betweenRed Robin Gourmet Burgers, Inc. andJ.P. Morgan Securities LLC . 5.1 Opinion ofPaul, Weiss, Rifkind, Wharton & Garrison LLP . 23.1 Consent ofPaul, Weiss, Rifkind, Wharton & Garrison LLP (included in Exhibit 5.1). 99.1Red Robin Gourmet Burgers, Inc. Press Release datedJune 16, 2020 . 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
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