The ONE Group Hospitality, Inc. Enters into Loan Agreement for $3 Million

Aug 12, 2016, STKS OTC Disclosure & News Service -The ONE Group Hospitality, Inc. (“The ONE Group”) (Nasdaq:STKS) today announced that it has entered into a loan agreement with Anson Investments Master Fund LP (“Anson”) for $3 million, through an unsecured promissory note. The unsecured promissory note bears interest at a rate of 10% per annum, payable quarterly commencing September 30, 2016, until its maturity date of August 11, 2021. The funds will be used for development. Pursuant to the
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