Bj's restaurants, inc. announces at-the-market equity offering program

Huntington beach, calif., jan. 21, 2021 (globe newswire) -- bj's restaurants, inc. (nasdaq: bjri) today announced that it is filing a prospectus supplement with the securities and exchange commission (“sec”), under which the company may, from time to time, offer and sell shares of its common stock (the “shares”) having an aggregate offering price of up to $25,000,000 through an “at-the-market” equity offering program (the “atm program”). the company currently intends to use the net proceeds from sales of shares under the atm program for working capital and other general corporate purposes, including capital expenditures and new restaurant expansion, as well as to strengthen our balance sheet. the timing of any sales under the atm program will depend on a variety of factors to be determined by the company.
BJRI Ratings Summary
BJRI Quant Ranking