The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F COVER PAGE

OMB APPROVAL
OMB Number: 3235-0006
Expires: July 31, 2015
Estimated average burden
hours per response: 23.8

Report for the Calendar Year or Quarter Ended: 06-30-2022
Check here if Amendment X Amendment Number: 1
This Amendment (Check only one.): X is a restatement.
  adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: ADW Capital Management, LLC
Address: 6431 Allison Road
Miami Beach , FL33141
Form 13F File Number: 028-19312

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

Person Signing this Report on Behalf of Reporting Manager:
Name: ADAM DAVID WYDEN
Title: Chief Compliance Officer
Phone: (646) 684-4086
Signature, Place, and Date of Signing:
ADAM DAVID WYDEN, Chief Compliance Officer Miami Beach , FL 08-12-2022
[Signature] [City, State] [Date]
Report Type (Check only one.):
X 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.)
  13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).)
  13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)
Form 13F Summary Page
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 8
Form 13F Information Table Value Total: 211,908
(thousands)
List of Other Managers Reporting for this Manager:
[If there are no entries in this list, omit this section.]
Form 13F File Number Name

List of Other Included Managers:
Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.
[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]
No. Form 13F File Number Name


SEC FORM 13F-HR

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE

OMB APPROVAL
OMB Number: 3235-0006
Expires: July 31, 2015
Estimated average burden
hours per response: 23.8

COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
API GROUP CORP COM STK 00187Y100 46,407 3,100,000 SH SOLE 3,100,000 0 0
FAT BRANDS INC CLASS A COM 30258N105 4,376 587,400 SH SOLE 587,400 0 0
GFL ENVIRONMENTAL INC SUB VTG SHS 36168Q104 17,002 659,000 SH SOLE 659,000 0 0
PAR TECHNOLOGY CORP COM 698884103 61,863 1,650,114 SH SOLE 1,650,114 0 0
PAR TECHNOLOGY CORP COM 698884103 33,742 900,000 SH Call SOLE 900,000 0 0
PLBY GROUP INC COM 72814P109 2,624 410,000 SH SOLE 410,000 0 0
RCI HOSPITALITY HLDGS INC COM 74934Q108 43,476 899,000 SH SOLE 899,000 0 0
RCI HOSPITALITY HLDGS INC COM 74934Q108 2,418 50,000 SH Call SOLE 50,000 0 0