Waitr Holdings Inc. (ASAP) SEC Filing 8-K Material Event for the period ending Tuesday, January 24, 2023 more
Tag Archives: Waitr
ASAP.com, the On-Demand Delivery Brand for Waitr Holdings Inc., Reports Third Quarter 2022 Results
ASAP.com, the on-demand delivery brand for Waitr Holdings Inc. (Nasdaq: WTRH) (“ASAP” or the “Company”), today reported financial results for the third quarter of 2022. Third Quarter 2022 Highlights 1Adjusted EBITDA is a non-GAAP financial measure. A reconciliation of GAAP net (loss) income to Adjusted EBITDA is included in the “Non-GAAP Financial Measure/Adjusted EBITDA” table …
Waitr Holdings Announces Reverse Stock Split and New Trading Symbol “ASAP”
Waitr Holdings Inc. (Nasdaq: WTRH), a leader in on-demand ordering and delivery, today announced that the Company’s Board of Directors has adopted resolutions to effect a reverse stock split. At the reconvened special meeting on October 20, 2022, the Company’s shareholders approved a reverse stock split of Company common stock, within a set range, without …
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Waitr Holdings Announces Plan to Adjourn the Special Meeting of Stockholders
LAFAYETTE, La.–(BUSINESS WIRE)–Waitr Holdings Inc. (Nasdaq: WTRH), a leader in on-demand ordering and delivery, announces that its Special Meeting of Stockholders to be held on October 6, 2022 at 10:00 a.m. Eastern Time will be adjourned until October 20, 2022 at 10:00 a.m. Eastern Time in order to provide stockholders additional time to vote on …
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Waitr Officially Rebrands to ASAP
In a move that was telegraphed for more than a year, Waitr has officially become ASAP. The company announced it changed its name, embracing not just food delivery but its new “deliver anything” business model. According to a press release announcing the move, “ASAP’s new vision is delivering to consumers, same day, from any type …
ASAP partners with FoodBoss to grow market visibility
Dive Brief: ASAP, formerly known as Waitr, has partnered with FoodBoss, an online food delivery search engine, the company said Tuesday. The agreement will increase ASAP’s access to new restaurant brands and boost its customer reach. This deal is ASAP’s first major partnership since its rebrand earlier in August, and aligns with the company’s expansion strategy. Dive Insight: …
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Waitr losses in second quarter top $11 million, more than double from a year ago
Delivery app Waitr — soon to be known at ASAP — posted a net loss of $11.7 million in the second quarter as the Lafayette-based company struggled amid higher gas prices, inflation and competition. The company’s losses were more than double from the $5.6 million lost a year ago but down from the $77 million loss reported …
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Luxor Takes 17% Stake in Waitr, soon to be known as ASAP, in Vote of Confidence in Management and Future Strategy of Company
LAFAYETTE, La.–(BUSINESS WIRE)–Waitr Holdings Inc. (Nasdaq: WTRH) (“Waitr” or the “Company”), soon to be known as ASAP, today announced a debt-for-equity exchange with its convertible note credit facility that reinforces Luxor’s commitment to the Company’s management team and strategy. Under the transaction, Luxor has agreed to convert a certain principal amount of their convertible notes …
As stock price deadline looms, Waitr turns over more shares to New York hedge fund
A New York hedge fund has increased its stake in Waitr amid the Lafayette-based delivery service app’s attempts to shift its business strategies and find a more solid financial footing as its days on the stock market may be numbered. Luxor Capital Group bumped its ownership from about 10% to 17% through a debt-for-equity exchange, …
Waitr Powered by ASAP to Begin Delivery of CBD Products as Transition to “Deliver Anything” Expands
LAFAYETTE, La., July 14, 2022–(BUSINESS WIRE)–Waitr Holdings Inc. (Nasdaq: WTRH) (“Waitr” or the “Company”) today announced it reached agreements with multiple CBD dispensaries and has started delivery of CBD products in select Texas markets with expansion into other markets forthcoming. The move into the CBD industry is the latest action taken by the company as …