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RCI Acquires 821,000 Shares from ADW Capital Partners, L.P.
Businesswire· 2025-11-22 01:45
Nov 21, 2025 12:45 PM Eastern Standard Time RCI Acquires 821,000 Shares from ADW Capital Partners, L.P. Share HOUSTON--(BUSINESS WIRE)--RCI Hospitality Holdings, Inc. (Nasdaq: RICK) today announced the acquisition of all the shares of RCI stock owned by ADW Capital Partners, L.P. The 821,000 shares were acquired for $30.0 million or $36.54 each for $8.0 million in cash and $22.0 million in two-year seller financing at 12%. The transaction closed today. The Company said the transaction: Eric Langan, Presiden ...