Company: RRGB
Filing Date: 2025-11-10
Form Type: 424B5
Source: 0000950142-25-002929
Chunk: 50

Company: RED ROBIN GOURMET BURGERS INC
Filing Date: 2025-11-10
Form: 424B5
Chunk 50
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 deliver or make available for delivery to holders of depositary shares, upon surrender of the depositary receipts evidencing
the depositary shares, the number of whole or fractional shares of the related series of preferred stock as are represented by the depositary
shares. The deposit agreement shall automatically terminate after all outstanding depositary shares have been redeemed or there has been
a final distribution in respect of the related series of preferred stock in connection with any liquidation, dissolution or winding up
of us and the distribution has been distributed to the holders of depositary shares.

Charges of Depositary

We will pay all transfer and other taxes and
the governmental charges arising solely from the existence of the depositary arrangements. We will pay the charges of the depositary,
including charges in connection with the initial deposit of the related series of preferred stock and the initial issuance of the depositary
shares and all withdrawals of shares of the related series of preferred stock, except that holders of depositary shares will pay transfer
and other taxes and governmental charges and any other charges as are expressly provided in the deposit agreement to be for their accounts.

Resignation and Removal of Depositary

The depositary may resign at any time by delivering
to us written notice of its election to do so, and we may at any time remove the depositary. Any resignation or removal will take effect
upon the appointment of a successor depositary, which successor depositary must be appointed within 60 days after delivery of the
notice of resignation or removal and must be a bank or trust company having its principal office in the United States and having a combined
capital and surplus of at least $50,000,000.

Miscellaneous

The depositary will forward to the holders of
depositary shares all reports and communications from us that are delivered to the depositary and which we are required to furnish to
the holders of the related preferred stock.

The depositary’s corporate trust office
will be identified in the applicable prospectus supplement. Unless otherwise set forth in the applicable prospectus supplement, the depositary
will act as transfer agent and registrar for depositary receipts and if shares of a series of preferred stock are redeemable, the depositary
will also act as redemption agent for the corresponding depositary receipts.

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<div align='center'>DESCRIPTION OF THE WARRANTS</div>

The following description of the terms of the
warrants sets forth certain general terms and provisions of the warrants to which any prospectus supplement may relate. We may issue warrants
for