UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C.  20549

 

FORM 8-K

 

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

 

May 29, 2009

Date of report (Date of earliest event reported)

 

Granite City Food & Brewery Ltd.

(Exact name of registrant as specified in its charter)

 

 

5402 Parkdale Drive, Suite 101

Minneapolis, MN 55416

(Address of principal executive offices, including zip code)

 

(952) 215-0660

(Registrant’s telephone number, including area code)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2):

 

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 

ITEM 1.01

ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT.

 

Second Closing on Bridge Loan Extended.

 

Effective May 29, 2009, Granite City Food & Brewery Ltd. (the “Company”) entered into an amendment to the bridge loan agreement dated March 30, 2009 with the investors therein (the “Amendment No. 3”) to extend the time period for the closing of the $200,000 balance on the loan to July 31, 2009.  The bridge loan provided for $1,000,000 of partially convertible debt financing to the Company, and was described in the Company’s Current Report on Form 8-K filed April 3, 2009, which is incorporated herein by reference.  The Company has closed on $800,000 of the debt.  The time period for the second closing was previously extended to the end of May 2009, as reported on the Company’s Current Report on Form 8-K filed May 6, 2009.  Amendment No. 3 is attached as Exhibit 10.1 hereto and incorporated herein by reference.

 

ITEM 9.01		FINANCIAL STATEMENTS AND EXHIBITS.
(d)		Exhibits.

 

See “Exhibit Index.”

 

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SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

	Granite City Food & Brewery Ltd.
Date: June 3, 2009	By:	/s/ James G. Gilbertson
		James G. Gilbertson
		Chief Financial Officer

 

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EXHIBIT INDEX

 

Exhibit 10.1

Amendment No. 3 to Bridge Loan Agreement by and between Granite City Food & Brewery Ltd., Granite City Restaurant Operations, Inc. and Harmony Equity Income Fund, L.L.C. dated May 29, 2009.

 

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