The US Bankruptcy Court gave an order approving the sale of substantially all the assets of Kona Grill, Inc., on September 24, 2019. The debtor has been authorized to sell substantially all its assets to Kona Grill Acquisition, LCC, for a purchase price of $35.80 million. The debtor’s assets include its remaining 27 restaurants and substantially all of the debtors’ other business assets and property associated with such restaurants along with assumed liabilities.