CG2 Capital Reports 10.7% Passive Stake In BurgerFi International As Of June 1
Portfolio Pulse from Benzinga Newsdesk
CG2 Capital has reported a 10.7% passive stake in BurgerFi International as of June 1, according to an SEC filing.
July 12, 2023 | 6:11 pm
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POSITIVE IMPACT
CG2 Capital's 10.7% passive stake in BurgerFi International could potentially influence the company's stock price.
The acquisition of a significant stake by CG2 Capital could be perceived positively by the market, potentially leading to an increase in BFI's stock price. However, as this is a passive stake, CG2 Capital will not have any direct influence over the company's operations.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100