Kona Grill

Struggling Kona Grill Sold for $20.3 Million

Struggling Kona Grill has a new owner, although it’s far from a stranger. The Scottsdale, Arizona-based brand was dealt to Williston Holding Co. Inc., the company founded by Marcus Jundt.

Kona Grill Faces Nasdaq Delisting Again

Kona Grill said in an April 22 filing that it was recently notified by Nasdaq that it could face delisting on the stock market if it fails to pay “certain fees,” by April 25.

Kona Grill Exploring Sale as CEO Resigns

Marcus Jundt, the chief executive of struggling polished-casual chain Kona Grill, resigned from his post, effective March 31, the company revealed in a securities filing Friday.