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Palisades Master Fund continues to cut stake in Chanticleer
By Lisa Kerner
Charlotte, N.C., April 23 - Investors led by Palisades Master Fund, LP sold 456,621 shares of Chanticleer Holdings, Inc., reducing their stake in the company to 35.326% from 40.624%.
According to a schedule 13D filing with the Securities and Exchange Commission, the shares were sold on April 21 and April 22 priced at $0.5713 each.
The investors beneficially own 3,044,401 shares of the Charlotte, N.C., business development company.
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