Good Times Restaurants Inc. has completed its operations as well as a related public offering of stock, officials for the Golden-based burger chain announced Thursday.
Good Times (Nasdaq: GTIM), which operates more than three-dozen fast-food restaurants in Colorado and Wyoming, recently announced plans to acquire the 52 percent of Bad Daddy’s International LLC it did not already own. Good Times previously in the North Carolina firm’s franchise business in addition to other development rights.
In conjunction with the latest acquisition, Good Times conducted a public offering of its common stock. Good Times raised $20.7 million through the sale of 2.78 million shares.
Alicia Wallace: 303-954-1939, awallace@denverpost.com or twitter.com/aliciawallace
