fat Brands Inc.0001705012FALSE00017050122024-04-172024-04-170001705012fat:ClassACommonStockMember2024-04-172024-04-170001705012fat:ClassBCommonStockMember2024-04-172024-04-170001705012fat:SeriesBCumulativePreferredStockMember2024-04-172024-04-170001705012fat:WarrantsToPurchaseCommonStockMember2024-04-172024-04-17
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): April 17, 2024
FAT Brands Inc.
(Exact name of Registrant as Specified in Its Charter)
| | | | | | | | | | | |
| Delaware | 001-38250 | 82-1302696 |
(State or Other Jurisdiction of Incorporation) | (Commission File Number) | (IRS Employer Identification No.) |
| | | |
9720 Wilshire Blvd., Suite 500 Beverly Hills, CA (Address of Principal Executive Offices) | 90212 (Zip Code) |
Registrant’s Telephone Number, Including Area Code: (310) 319-1850
Not Applicable
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instructions A.2. below):
| | | | | |
| o | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| |
| o | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| |
| o | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| |
| o | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
| | | | | | | | | | | | | | |
| Title of each class | | Trading Symbol(s) | | Name of each exchange on which registered |
| Class A Common Stock, par value $0.0001 per share | | FAT | | The Nasdaq Stock Market LLC |
| Class B Common Stock, par value $0.0001 per share | | FATBB | | The Nasdaq Stock Market LLC |
| Series B Cumulative Preferred Stock, par value $0.0001 per share | | FATBP | | The Nasdaq Stock Market LLC |
| Warrants to purchase Class A Common Stock | | FATBW | | The Nasdaq Stock Market LLC |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 8.01 Other Events.
Effective April 17, 2024, the Board of Directors of FAT Brands Inc. (the “Company”) declared a monthly cash dividend on the Company’s 8.25% Series B Cumulative Preferred Stock (“Series B Preferred Stock”) for the calendar month ending April 30, 2024 of $0.171875 per share. The cash dividend is payable on May 20, 2024 to holders of record of the Series B Preferred Stock as of the close of business on May 10, 2024.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| | | | | |
| FAT Brands Inc. |
| |
| Date: April 17, 2024 | /s/ Kenneth J. Kuick |
| Kenneth J. Kuick |
| Chief Financial Officer |