GEN Restaurant Group, Inc. entered into a Sales Agreement with Roth Capital Partners, LLC on August 10, 2026, establishing an at-the-market equity offering program. The company may sell up to $3,740,000 of its Class A common stock through the agent, who receives a 3.0% commission on gross proceeds. Net proceeds are intended for consumer packaged goods expansion, working capital, and potential new restaurant openings. This is an equity issuance that could dilute existing shareholders.

GEN Restaurant Group reported second quarter 2026 revenue of $55.7 million, a 1.2% increase year-over-year, driven by CPG growth that offset a 9.3% decline in comparable restaurant sales and the exit of six locations. The company posted a net loss of $4.6 million ($0.14 per diluted share) compared to a $1.7 million loss in the prior year period. Restaurant-level adjusted EBITDA was $6.3 million, down from $9.0 million in Q2 2025. The Board is reviewing a non-binding letter of intent from a multi-concept restaurant operator to acquire GEN's U.S. restaurant operations while retaining its CPG business. Additionally, the company secured purchase commitments from over 100 Costco warehouses and new distribution agreements with UNFI and C&S Wholesale Grocers, bringing total retail doors to nearly 2,000. The company operates in the casual dining restaurant industry and consumer packaged goods sector.