Spicy Pickle(R) fast casual restaurants today announced the commencement of public trading for its common stock on the Over The Counter Bulletin Board (OTC BB) quotation medium. The company completed its own self underwritten Initial Public Offering, and the stock recently opened for trading.
Empire Financial Group Inc. (http://www.empirefinancialgroup.com) of Longwood, Florida, served as sponsoring brokerage firm for quotation of Spicy Pickle’s common stock on the OTC BB. Spicy Pickle completed its own IPO by selling 4,352,780 shares of its common stock, priced at $.40, for gross proceeds of $1,741,112.Spicy Pickle, a fast casual franchise concept, has been experiencing significant growth. To date there are 26 units open in nine different states. The restaurants differentiate themselves through a culinary-inspired menu of panini, sub sandwiches, Pizzetti Neapolitan thin-crust pizzas, salads, soups and other items, served in a casual neighborhood setting. Spicy Pickle also offers a range of catering and takeout services.
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