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FAT Brands Inc. 8-K Report: Key Updates & Stock Insights (Jan 16, 2025)

$FATBB
Form 8-K
Filed on: 2025-01-17
Source
FAT Brands Inc. 8-K Report: Key Updates & Stock Insights (Jan 16, 2025)

Based on the provided section of the financial report, here's an extraction of the key information and insights:

  1. Entity Identification:
  • Company Name: FAT Brands Inc.
  • CIK (Central Index Key): 0001705012
  • SEC File Number: 001-38250
  • Tax ID (EIN): 82-1302696
  • Address: 9720 Wilshire Blvd., Suite 500, Beverly Hills, CA 90212
  • Contact Phone: (310) 319-1850
  1. Filing Type:
  • Form: 8-K
  • Filing Date: January 16, 2025
  1. Stock Information:
  • Class A Common Stock: Symbol FAT, traded on NASDAQ
  • Class B Common Stock: Symbol FATBB, traded on NASDAQ
  • Series B Cumulative Preferred Stock: Symbol FATBP, traded on NASDAQ
  • Warrants to Purchase Class A Common Stock: Symbol FATBW, traded on NASDAQ
  1. Context and Period:
  • The report provides information for the date of January 16, 2025, which indicates it is a current report detailing significant events or changes affecting the company.
  1. Stock Classes and Segments:
  • The report mentions multiple classes of stock and warrants, indicating a detailed breakdown of the company's equity structure, which includes:
    • Class Common Stock (both A and B)
    • Series B Cumulative Preferred Stock
    • Warrants for Class A Common Stock
  1. Units of Measurement:
  • The financial information appears to be measured in both USD (U.S. Dollars) and shares, suggesting that the report may contain financial metrics such as share prices or market capitalization.

Insights:

  • The variety of stock classes indicates that FAT Brands Inc. may have different types of investments available for shareholders, which can cater to varying investor preferences (e.g., common vs. preferred stock).
  • The filing of an 8-K suggests that the company is communicating a significant event or update, which could be relevant for investors and stakeholders.
  • The presence of warrants indicates potential future dilution of equity, as these could convert into shares of Class A Common Stock, depending on their terms.

This analysis reflects the essential details and implications gathered from the provided financial report section.