Kona Grill, Inc., trading under the symbol KONAQ on the OTC market, operates an upscale casual dining concept that blends American grill fare with Japanese-inspired cuisine. The company’s menu features a variety of wood-fired steaks, fresh seafood entrées, handcrafted sushi rolls, signature flatbreads and seasonal salads. Complementing its food offerings, Kona Grill provides an extensive beverage program, including specialty cocktails, craft beers and an array of hand-crafted coffees. Through both in-restaurant and off-premise catering services, the brand extends its reach beyond its dining rooms and offers select branded retail products for consumers.
Founded in 1998 by Michael McDermott in Scottsdale, Arizona, Kona Grill expanded from a single location into a multi-unit operator with venues across the United States. The chain historically targeted suburban and urban markets in key metropolitan areas, emphasizing modern design, open kitchens and chef-driven menu innovation. In August 2020, the company filed for Chapter 11 bankruptcy protection amid broader challenges in the restaurant sector. After completing its restructuring process, Kona Grill emerged in 2021 under new ownership and continues to operate restaurants nationwide.
Headquartered in Scottsdale, the company has focused on enhancing guest experience through upgraded interiors, technology-enabled ordering platforms and periodic menu refreshes. While specific details regarding its current executive leadership team are not publicly disclosed at this time, Kona Grill’s management has highlighted its commitment to operational efficiency, brand consistency and selective market growth. The company remains attentive to evolving diner preferences as it seeks to strengthen its position in the competitive casual-dining landscape.
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