Ownership Submission
FORM 5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Form 3 Holdings Reported
Form 4 Transactions Reported
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person *
Kanen David
2. Issuer Name and Ticker or Trading Symbol
ONE Group Hospitality, Inc. [STKS]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director __X__ 10% Owner
_____ Officer (give title below) __X__ Other (specify below)
Passive Investor
(Last)
(First)
(Middle)

5850 CORAL RIDGE DRIVE, SUITE 309
3. Statement for Issuer's Fiscal Year Ended (Month/Day/Year)
12/31/2017
(Street)


CORAL SPRINGS, FL 33076
4. If Amendment, Date Original Filed(Month/Day/Year)
02/14/2018
6. Individual or Joint/Group Reporting
(check applicable line)

___ Form Filed by One Reporting Person
_X_ Form Filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned at end of Issuer's Fiscal Year
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Amount (A) or (D) Price
Common Stock 11/21/2017   P4 28,020 A $ 1.947 2,193,776 I Kanen Wealth Management LLC (1)
Common Stock 11/22/2017   P4 3,288 A $ 2 2,197,064 I Kanen Wealth Management LLC (1)
Common Stock 11/24/2017   P4 6,702 A $ 2 2,203,766 I Kanen Wealth Management LLC (1)
Common Stock 11/28/2017   P4 2,200 A $ 2.05 2,205,966 I Kanen Wealth Management LLC (1)
Common Stock 11/29/2017   P4 40,100 A $ 2.1 2,246,066 I Kanen Wealth Management LLC (1)
Common Stock 11/30/2017   P4 17,000 A $ 2.2215 2,263,066 I Kanen Wealth Management LLC (1)
Common Stock 12/01/2017   P4 1,100 A $ 2.23 2,264,166 I Kanen Wealth Management LLC (1)
Common Stock 12/15/2017   P4 20,475 A $ 2.1493 2,284,641 I Kanen Wealth Management LLC (1)
Common Stock 12/21/2017   P4 4,533 A $ 2.1985 2,289,174 I Kanen Wealth Management LLC (1)
Common Stock 12/22/2017   P4 22,099 A $ 2.1981 2,311,273 I Kanen Wealth Management LLC (1)
Common Stock 12/27/2017   P4 227,724 A $ 2.2197 2,538,997 I Kanen Wealth Management LLC (1)
Common Stock 12/28/2017   P4 150,000 A $ 2.2262 2,688,997 I Kanen Wealth Management LLC (1)
Common Stock 12/29/2017   P4 35,000 A $ 2.39 1,845,000 (2) I The Philotimo Fund LLC
Common Stock             18,921 (2) D  

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned at End of Issuer's Fiscal Year
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
(A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Warrants $ 1.63 11/22/2017   J(2)(3) 125,000   05/15/2018 05/15/2023 Common Stock
125,000
(3) 125,000
I
The Philotimo Fund LLC

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Kanen David
5850 CORAL RIDGE DRIVE, SUITE 309
CORAL SPRINGS, FL 33076
    X   Passive Investor
Kanen Wealth Management LLC
10141 SWEET BAY COURT
PARKLAND, FL 33076
    X   Passive Investor
Philotimo Fund, LP
5850 CORAL RIDGE DRIVE, SUITE 309
CORAL SPRINGS, FL 33076
    X   Passive Investor

Signatures

/s/ David L. Kanen 03/14/2018
**Signature of Reporting Person Date

/s/ Kanen Wealth Management LLC By: David L. Kanen, Managing Member 03/14/2018
**Signature of Reporting Person Date

/s/ The Philotimo Fund By: David L. Kanen 03/14/2018
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) The Form 3 filed by Kanen Wealth Management LLC ("KWM"), Mr. Kanen and The Philotimo Fund LLC on November 20, 2017, indicates that KWM does not own any shares of the Issuer since KWM does not have a pecuniary interest in the shares of Common Stock held in customer accounts managed by KWM. To align the Section 16 filings with the Schedule 13D, as amended, filed by KWM and Mr. Kanen, Item 6 of Table 1 above has been revised to reflect KWM's beneficial ownership of the Company's Common Stock as reported in the Schedule 13D, excluding the shares owned by The Philotimo Fund LLC, which are reported separately in Item 6, of Table 1 above.
(2) Mr. Kanen beneficially owns 4,553,997 shares of Common Stock, which represent approximately 16.6% of the Company's outstanding shares of Common Stock. Mr. Kanen, as the managing member of KWM, may be deemed to beneficially own the 2,688,997 shares of Common Stock held in customer accounts managed by KWM (including the 18,921 shares held in Mr. Kanen's account) and the 1,845,000 shares of Common Stock and the 125,000 warrants held by The Philotimo Fund LLC, of which KWM is the general partner. Mr. Kanen expressly disclaims such beneficial ownership except to the extent of his pecuniary interest therein. Mr. Kanen does not have a pecuniary interest in the shares of Common Stock held in customer accounts managed by KWM other than the shares held in Mr. Kanen's account.
(3) The warrants were received in connection with a private purchase of shares of the Issuer.
 
Remarks:
This amendment to Form 5 is being filed to include the 125,000 warrants held by The Philotimo Fund LLC.

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