SCHEDULE 13G: Statement of Beneficial Ownership by Certain Investors
Published on September 15, 2025
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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549 |
SCHEDULE 13G |
UNDER THE SECURITIES EXCHANGE ACT OF 1934
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RAVE RESTAURANT GROUP, INC. (Name of Issuer) |
Common Stock (Title of Class of Securities) |
754198109 (CUSIP Number) |
08/29/2025 (Date of Event Which Requires Filing of this Statement) |
| Check the appropriate box to designate the rule pursuant to which this Schedule is filed: |
 Rule 13d-1(b)
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 Rule 13d-1(c)
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| Rule 13d-1(d)
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SCHEDULE 13G
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| CUSIP No. | 754198109 |
| 1 | Names of Reporting Persons
Bares Brian Timothy | ||||||||
| 2 | Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
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| 3 | Sec Use Only | ||||||||
| 4 | Citizenship or Place of Organization
UNITED STATES
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| Number of Shares Beneficially Owned by Each Reporting Person With: |
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| 9 | Aggregate Amount Beneficially Owned by Each Reporting Person
1,388,715.00 | ||||||||
| 10 | Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
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| 11 | Percent of class represented by amount in row (9)
9.8 % | ||||||||
| 12 | Type of Reporting Person (See Instructions)
IN |
SCHEDULE 13G
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| CUSIP No. | 754198109 |
| 1 | Names of Reporting Persons
Bares Family Foundation, Inc. | ||||||||
| 2 | Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
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| 3 | Sec Use Only | ||||||||
| 4 | Citizenship or Place of Organization
TEXAS
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| Number of Shares Beneficially Owned by Each Reporting Person With: |
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| 9 | Aggregate Amount Beneficially Owned by Each Reporting Person
1,388,715.00 | ||||||||
| 10 | Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
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| 11 | Percent of class represented by amount in row (9)
9.8 % | ||||||||
| 12 | Type of Reporting Person (See Instructions)
OO |
Comment for Type of Reporting Person: Explanatory Note: On August, 29, 2025, Brian T. Bares (the Initial Filer) transferred record ownership in 1,388,715 shares of the Issuers common stock (the Shares) to the Bares Family Foundation, Inc., (the New Filer) with the Initial Filer retaining voting and dispositive power over the Shares. Notwithstanding the change in record ownership, Mr. Bares continues to hold voting and dispositive power over the Shares. The Reporting Persons may purchase or sell additional shares from time to time depending upon price, market conditions, availability of funds, evaluation of other investment opportunities, and other factors.
The Reporting Persons are disclosing ownership in the Issuer on Schedule 13G rather than an amendment to the Initial Filers Schedule 13D, filed with the Commission on September 15, 2017 (the Initial Filing), as the Reporting Persons are eligible as of this date to report ownership on Schedule 13G and the Initial Filer was eligible at the time of the Initial Filing to report his ownership on Schedule 13G, notwithstanding the fact that the Initial Filing was made on Schedule 13D.
SCHEDULE 13G
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| Item 1. | ||
| (a) | Name of issuer:
RAVE RESTAURANT GROUP, INC. | |
| (b) | Address of issuer's principal executive offices:
3551 PLANO PARKWAY, THE COLONY, TEXAS, 75056 | |
| Item 2. | ||
| (a) | Name of person filing:
Brian T. Bares
Bares Family Foundation, Inc. | |
| (b) | Address or principal business office or, if none, residence:
Same principal business office for Brian T. Bares and Bares Family Foundation, Inc.
12600 Hill Country Blvd
Suite R-230
Austin, TX 78738 | |
| (c) | Citizenship:
Brian T. Bares USA
Bares Family Foundation, Inc. Organized under the laws of Texas | |
| (d) | Title of class of securities:
Common Stock | |
| (e) | CUSIP No.:
754198109 | |
| Item 3. | If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a: | |
| (a) | Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
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| (b) | Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
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| (c) | Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
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| (d) | Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
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| (e) | An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
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| (f) | An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
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| (g) | A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
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| (h) | A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
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| (i) | A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
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| (j) | A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution: | |
| (k) | Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
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| Item 4. | Ownership | |
| (a) | Amount beneficially owned:
Brian T. Bares 1.388.715 shares
Bares Family Foundation. Inc. 1,388.715 shares | |
| (b) | Percent of class:
Brian T. Bares 9.77%
Bares Family Foundation. Inc. 9.77% %
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| (c) | Number of shares as to which the person has:
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| (i) Sole power to vote or to direct the vote:
Brian T. Bares 1.388,715 shares | ||
| (ii) Shared power to vote or to direct the vote:
Bares Family Foundation. Inc. 1,388.715 shares | ||
| (iii) Sole power to dispose or to direct the disposition of:
Brian T. Bares 1,388,715 shares | ||
| (iv) Shared power to dispose or to direct the disposition of:
Bares Family Foundation. Inc. 1,388.715 shares | ||
| Item 5. | Ownership of 5 Percent or Less of a Class. | |
| Item 6. | Ownership of more than 5 Percent on Behalf of Another Person. | |
Not Applicable
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| Item 7. | Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person. | |
Not Applicable
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| Item 8. | Identification and Classification of Members of the Group. | |
Not Applicable
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| Item 9. | Notice of Dissolution of Group. | |
Not Applicable
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| Item 10. | Certifications: |
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.
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| SIGNATURE | |
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
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