Amergent Hospitality Closes $2.5 Million Financing

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Feb 01, 2023

CHARLOTTE, NC / ACCESSWIRE / February 1, 2023 / Amergent Hospitality Group (OTCQB:AMHG) ("Amergent" or the "Company"), owner, operator and franchisor of multiple nationally recognized restaurants, today announced that it has closed $2.5 million of a Series B Convertible Preferred / Warrant financing. The Company plans to use the net proceeds to complete the purchase of its recently announced acquisition of Boudreaux's Cajun Kitchen, along with funding its future growth strategy.