Kona Grill at the Domain closes
![[Mark Matson FOR AMERICAN-STATESMAN]](https://www.gannett-cdn.com/authoring/2019/04/22/NA36/ghows-TX-8722024f-5ef8-6603-e053-0100007f21fd-8ef92c17.jpeg?width=660&height=442&fit=crop&format=pjpg&auto=webp)
Asian fusion restaurant Kona Grill has closed its location at the Domain. It was the sole Austin-area location for the Arizona-based chain that operates in 20 states. The closure comes during a time of upheaval at the company. "Kona Grill, struggling with steeply falling sales, a revolving door at CEO, a lawsuit from one of its deposed executives, a potential stock delisting and a missed debt payment, could be forced into another, unfortunate move: bankruptcy," RestaurantBusinessOnline.com reported last week. Kona Grill's stock has plummeted over the last few years, dropping from about $27 a share in 2015 to its current price of thirty cents. The Domain closure comes as the restaurant group has shuttered other restaurants around the country.