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AI brief of an SEC Form 8-K · BJ's Restaurants (BJRI)

BJ's Restaurants amends Act III cooperation agreement, extends term to June 30, 2027

Neutral Impact 3 of 5 shareholder Written later

BJ's Restaurants amended its cooperation agreement with Act III Holdings and related parties, extending it to June 30, 2027 and changing standstill terms. The amendment permits Act III to hold up to 2,091,011 shares, about 9.9% of outstanding common stock, while the parties' commitments on board voting and non-disparagement continue.

Key points

  • Agreement dated November 14, 2025 extends expiration to June 30, 2027 from May 4, 2027
  • Act III ownership cap set at 2,091,011 shares, about 9.9% of outstanding common stock, excluding shares held by Noah Elbogen
  • Act III Parties agree to vote in line with Board recommendations, subject to exceptions

The filing

CompanyBJ's Restaurants (BJRI)
Form8-K, current report
Filed with the SECNov 17, 2025, 4:05 PM ET
Accession number0001171843-25-007384

Items reported: 1.01 Material Definitive Agreement

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 6:59 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 17, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.