FAT Brands 8-K: Confirms Nasdaq Listing for Multiple Securities
Ticker: FABTQ · Form: 8-K · Filed: Jan 10, 2024 · CIK: 1705012
Complexity: simple
Sentiment: neutral
Topics: corporate-governance, security-listing, 8-K
TL;DR
**FAT Brands just confirmed its Class A, Class B, and Preferred Stock are all still listed on Nasdaq.**
AI Summary
FAT Brands Inc. filed an 8-K on January 10, 2024, reporting an "Other Event" that occurred on January 9, 2024. This filing primarily updates the company's registered securities on The Nasdaq Stock Market LLC, including Class A Common Stock (FAT), Class B Common Stock (FATBB), and Series B Cumulative Preferred Stock (FATBP). This matters to investors as it confirms the continued listing and trading of these securities, providing transparency on the company's capital structure and market presence.
Why It Matters
This filing confirms the active listing of FAT Brands' various securities on Nasdaq, which is crucial for liquidity and investor confidence. It ensures that shareholders can continue to trade their stock and preferred shares on a major exchange.
Risk Assessment
Risk Level: low — This filing is purely informational, confirming existing security listings, and does not introduce new financial risks or operational changes.
Analyst Insight
A smart investor would note this filing as a routine update confirming the continued market presence of FAT Brands' securities, indicating no immediate changes to trading status. It's a good opportunity to verify the current trading symbols if considering these specific securities.
Key Numbers
- $0.0001 — Par Value per Share (for Class A Common Stock, Class B Common Stock, and Series B Cumulative Preferred Stock)
Key Players & Entities
- FAT Brands Inc. (company) — the registrant filing the 8-K
- The Nasdaq Stock Market LLC (company) — the exchange where securities are registered
- Class A Common Stock (other) — a security registered by FAT Brands Inc.
- Class B Common Stock (other) — a security registered by FAT Brands Inc.
- Series B Cumulative Preferred Stock (other) — a security registered by FAT Brands Inc.
- Warrants To Purchase Common Stock (other) — a security registered by FAT Brands Inc.
- $0.0001 (dollar_amount) — par value per share for Class A, Class B, and Series B Preferred Stock
Forward-Looking Statements
- FAT Brands Inc. will maintain its current listings on The Nasdaq Stock Market LLC for the foreseeable future. (FAT Brands Inc.) — high confidence, target: 2025-01-09
FAQ
What was the date of the earliest event reported in this 8-K filing by FAT Brands Inc.?
The date of the earliest event reported in this 8-K filing was January 9, 2024.
Which specific securities of FAT Brands Inc. are mentioned as being registered on The Nasdaq Stock Market LLC in this filing?
The filing mentions Class A Common Stock (trading symbol FAT), Class B Common Stock (trading symbol FATBB), and Series B Cumulative Preferred Stock (trading symbol FATBP) as being registered on The Nasdaq Stock Market LLC.
What is the par value per share for the Class A Common Stock, Class B Common Stock, and Series B Cumulative Preferred Stock of FAT Brands Inc.?
The par value per share for the Class A Common Stock, Class B Common Stock, and Series B Cumulative Preferred Stock is $0.0001 per share.
What is the business address of FAT Brands Inc. as stated in the filing?
The business address of FAT Brands Inc. is 9720 Wilshire Blvd., Suite 500, Beverly Hills, CA 90212.
What is the Commission File Number for FAT Brands Inc. according to this 8-K?
The Commission File Number for FAT Brands Inc. is 001-38250.
Filing Stats: 484 words · 2 min read · ~2 pages · Grade level 9.9 · Accepted 2024-01-10 17:26:59
Key Financial Figures
- $0.0001 — stered Class A Common Stock, par value $0.0001 per share FAT The Nasdaq Stock Market L
- $0.171875 — lendar month ending January 31, 2024 of $0.171875 per share. The cash dividend is payable
Filing Documents
- fat-20240109.htm (8-K) — 26KB
- 0001628280-24-001057.txt ( ) — 206KB
- fat-20240109.xsd (EX-101.SCH) — 3KB
- fat-20240109_def.xml (EX-101.DEF) — 16KB
- fat-20240109_lab.xml (EX-101.LAB) — 33KB
- fat-20240109_pre.xml (EX-101.PRE) — 17KB
- fat-20240109_htm.xml (XML) — 6KB
01 Other Events
Item 8.01 Other Events. Effective January 9, 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 January 31, 2024 of $0.171875 per share. The cash dividend is payable on February 20, 2024 to holders of record of the Series B Preferred Stock as of the close of business on February 9, 2024.
SIGNATURES
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: January 10, 2024 /s/ Kenneth J. Kuick Kenneth J. Kuick Chief Financial Officer