Kona Grill restaurants (symbol KONA) are high-volume upscale casual restaurants feature a diverse selection of mainstream American dishes and entrees with an international influence, including an extensive selection of sushi items. The restaurants accommodate approximately 275 guests and are comprised of multiple dining areas that incorporate modern design elements to create an ambiance that reinforces our high standards of food and service. They currently own and operate seven upscale casual dining restaurants located in six states, and expect to open two restaurants during the second half of 2005. They plan to open four or five restaurants during 2006.
KONA went public on August 16, 2005 by offering 2.5 million shares at $11/share. There are approximately 5.3 million shares outstanding. |
