IMA Value LLP Exits Position in Rave Restaurant Group, Inc. (RAVE)

IMA Value LLP, along with Noam Nakash, filed a Schedule 13D/A on May 15, 2026, regarding their holdings in Rave Restaurant Group, Inc. (RAVE). The filing indicates that the reporting persons have reduced their beneficial ownership to zero shares, representing 0.0% of the company's common stock. This event occurred on May 14, 2026, and marks Amendment No. 5 to their previous disclosures. The reporting person, an Israeli limited partnership, previously held a position for investment purposes. The filing confirms that Noam Nakash, as the founder and majority shareholder of the General Partner, no longer holds a reportable stake in the issuer. There are no present plans or proposals for further acquisitions or extraordinary corporate transactions involving the issuer. The source of funds for previous purchases was the limited partnership's own capital. This exit follows a series of previous filings and effectively terminates their status as a significant shareholder in the Texas-based restaurant group.