Company: RRGB
Filing Date: 2025-11-10
Form Type: 424B5
Source: 0000950142-25-002929
Chunk: 14

Company: RED ROBIN GOURMET BURGERS INC
Filing Date: 2025-11-10
Form: 424B5
Chunk 14
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 sell shares of our Common Stock having an aggregate gross sales price of
up to $40.0 million from time to time through the Sales Agent. Sales of the shares of Common Stock, if any, may be made in transactions
that are deemed to be “at the market offerings,” as defined in Rule 415(a)(4) promulgated under the Securities Act, including
sales made by means of ordinary brokers’ transactions on the Nasdaq Global Select Market or into any other existing trading market
for our Common Stock at market prices and such other sales as agreed upon by us and the Sales Agent. A copy of the Distribution Agreement
will be filed as an exhibit to a current report on Form 8-K and is incorporated by reference in this prospectus supplement.

When requested by us, the Sales Agent will offer
the shares of Common Stock subject to the terms and conditions of the Distribution Agreement, which may be on a daily basis for periods
of time, or as we may otherwise agree with the Sales Agent. We will designate the maximum number of shares of Common Stock to be sold
through the Sales Agent when we request it to do so. The Sales Agent has agreed, subject to the terms and conditions of the Distribution
Agreement, to use its commercially reasonable efforts to execute our orders to sell, as our agent and on our behalf, shares of our Common
Stock submitted to the Sales Agent from time to time by us, consistent with its normal sales and trading practices. We may instruct the
Sales Agent not to place shares of Common Stock at or below a price designated by us. In any event, the shares of Common Stock shall be
placed by the Sales Agent substantially at market price. We or the Sales Agent may suspend the offering of shares of Common Stock under
the Distribution Agreement upon proper notice to the other party.

We will pay the Sales Agent a commission of
up to 3% of the gross proceeds of any shares sold pursuant to this prospectus supplement, and reimburse the Sales Agent its expenses,
including fees and disbursements to its legal counsel, in an amount up to $150,000, in addition to certain ongoing disbursements up to
$15,000 per calendar quarter as described in the Distribution Agreement. The estimated offering expenses payable by us, in addition to
such commission and expenses, are approximately $400,000, which includes legal, accounting and printing costs and various other fees associated
with registering the shares of Common Stock. The remaining sale proceeds, after deducting any