FAT Brands Confirms Nasdaq Listing for Class A, B, Preferred Stock
Ticker: FABTQ · Form: 8-K · Filed: Feb 6, 2024 · CIK: 1705012
Complexity: simple
Sentiment: neutral
Topics: corporate-governance, sec-filing, stock-listing
TL;DR
**FAT Brands just confirmed its stock classes are still listed on Nasdaq.**
AI Summary
FAT Brands Inc. filed an 8-K on February 6, 2024, to update its registered securities on The Nasdaq Stock Market LLC. The filing specifically lists Class A Common Stock (FAT), Class B Common Stock (FATBB), and Series B Cumulative Preferred Stock (FATBP) as being registered. This matters to investors because it confirms the continued listing and trading of these specific securities, ensuring liquidity and transparency for shareholders.
Why It Matters
This filing confirms the active listing of FAT Brands' various stock classes on Nasdaq, which is crucial for investor confidence and the ability to trade shares easily.
Risk Assessment
Risk Level: low — This filing is a routine update confirming existing listings and does not introduce new financial risks or operational changes.
Analyst Insight
A smart investor would note this routine filing confirms the continued listing of FAT Brands' various stock classes, which is a baseline expectation for publicly traded companies. No immediate action is suggested by this specific filing, but it reinforces the company's compliance with listing requirements.
Key Numbers
- $0.0001 — Par Value per Share (This is the stated par value 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
- $0.0001 (dollar_amount) — par value per share for Class A, Class B, and Series B Cumulative Preferred Stock
FAQ
What is the purpose of this 8-K filing by FAT Brands Inc.?
The purpose of this 8-K filing, dated February 6, 2024, is to report 'Other Events' and specifically to list the securities registered pursuant to Section 12(b) of the Securities Exchange Act of 1934, confirming their listing on The Nasdaq Stock Market LLC.
Which specific classes of securities are mentioned in this filing as being registered on Nasdaq?
The filing explicitly 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 listed securities?
The par value for each of the listed securities – Class A Common Stock, Class B Common Stock, and Series B Cumulative Preferred Stock – is stated as $0.0001 per share.
What is the business address of FAT Brands Inc. as stated in the filing?
FAT Brands Inc.'s business address is 9720 Wilshire Blvd., Suite 500, Beverly Hills, CA 90212, with a business phone number of (310) 319-1850.
What is the filing date of this 8-K report?
The Date of Report (Date of earliest event reported) for this 8-K filing is February 6, 2024.
Filing Stats: 484 words · 2 min read · ~2 pages · Grade level 9.8 · Accepted 2024-02-06 17:02:02
Key Financial Figures
- $0.0001 — stered Class A Common Stock, par value $0.0001 per share FAT The Nasdaq Stock Market L
- $0.171875 — endar month ending February 29, 2024 of $0.171875 per share. The cash dividend is payable
Filing Documents
- fat-20240206.htm (8-K) — 26KB
- 0001628280-24-003514.txt ( ) — 205KB
- fat-20240206.xsd (EX-101.SCH) — 3KB
- fat-20240206_def.xml (EX-101.DEF) — 16KB
- fat-20240206_lab.xml (EX-101.LAB) — 33KB
- fat-20240206_pre.xml (EX-101.PRE) — 17KB
- fat-20240206_htm.xml (XML) — 6KB
01 Other Events
Item 8.01 Other Events. Effective February 6, 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 February 29, 2024 of $0.171875 per share. The cash dividend is payable on March 20, 2024 to holders of record of the Series B Preferred Stock as of the close of business on March 8, 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: February 6, 2024 /s/ Kenneth J. Kuick Kenneth J. Kuick Chief Financial Officer