Item 1.02 Termination of a Material Definitive Agreement.

On December 23, 2022, Amergent Hospitality Group Inc., a Delaware corporation ("Amergent") received notice of full forgiveness of its Small Business Administration ("SBA") Paycheck Protection Program ("PPP") loan originally disbursed through lender Towne Bank on February 24, 2021 in the aggregate principal amount of $2,000,000. The principal amount and accrued interest in the amount of $36,611.11 were forgiven in full, effective December 16, 2022.

Item 5.02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers.

(b) On December 19, 2022, Frederick L. Glick, President and director of Amergent, submitted his resignation from his position as President of Amergent. Mr. Glick will continue in his position as a director of Amergent. He has also agreed to be available on a consulting basis to assist the company with the transition of his duties and responsibilities, on an as needed basis.

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