IMA Value LLP Exits Position in Rave Restaurant Group, Inc. (RAVE) via Amendment No. 5

IMA Value LLP, an Israeli limited partnership, filed a Schedule 13D/A on May 15, 2026, regarding its holdings in Rave Restaurant Group, Inc. (RAVE). The filing, which serves as Amendment No. 5, indicates that as of May 14, 2026, the reporting person's ownership has fallen to 0 shares, representing 0% of the company's common stock. This marks a complete exit from their previous position. Noam Nakash, the founder and majority shareholder of IMA Value (Funds Management) Ltd (the General Partner of IMA Value LLP), retains sole power over the entity's investment decisions. The filing states that while the initial purchases were for investment purposes, the reporting person no longer holds a reportable interest. There are no current plans or proposals for extraordinary corporate transactions, changes in management, or material shifts in the issuer's business structure. The reporting person has not been involved in any criminal or civil proceedings related to securities laws in the past five years.