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FAT Brands Inc. 8-K Report: Stock Diversity & Compliance Insights (Jan 2025)

$FATBB
Form 8-K
Filed on: 2025-01-07
Source
FAT Brands Inc. 8-K Report: Stock Diversity & Compliance Insights (Jan 2025)

Based on the provided section of the financial report, here are the key information and insights extracted:

  1. Entity Information:
  • Name: FAT Brands Inc.
  • CIK: 0001705012
  • SEC Filing Type: 8-K
  • Filing Date: January 7, 2025
  • Address: 9720 Wilshire Blvd., Suite 500, Beverly Hills, CA 90212
  • Phone: (310) 319-1850
  1. Securities Information:
  • Class A Common Stock: Ticker symbol FAT, listed on NASDAQ.
  • Class B Common Stock: Ticker symbol FATBB, listed on NASDAQ.
  • Series B Cumulative Preferred Stock: Ticker symbol FATBP, listed on NASDAQ.
  • Warrants to Purchase Class A Common Stock: Ticker symbol FATBW, listed on NASDAQ.
  1. Reporting Context:
  • The report covers transactions as of January 7, 2025, with various classes of stock explicitly tagged for reporting purposes (Class A, Class B, Series B Preferred, and Warrants).
  1. Dimensions and Segments:
  • The report includes dimensions for different classes of stock, indicating a structured approach to categorizing financial instruments:
    • Class Common Stock: FAT:ClassCommonStockMember
    • Class B Common Stock: FAT:ClassBCommonStockMember
    • Series B Cumulative Preferred Stock: FAT:SeriesBCumulativePreferredStockMember
    • Warrants: FAT:WarrantsToPurchaseClassCommonStockMember
  1. Units of Measurement:
  • Financial figures are presented in USD (United States Dollars) and in shares, with a defined measurement for shares.
  1. Regulatory Framework:
  • The report follows both XBRL (eXtensible Business Reporting Language) and US GAAP (Generally Accepted Accounting Principles) standards for financial reporting.

Insights:

  • Diverse Stock Offering: FAT Brands Inc. has a diverse set of equity instruments, which may appeal to different types of investors (common stocks and preferred stocks).
  • Regulatory Compliance: The use of XBRL and adherence to US GAAP indicates a commitment to transparency and regulatory compliance in financial reporting.
  • Growth Potential: As the filing is recent (January 2025), it may reflect the company's current strategy and performance, which can be critical for investors looking at future growth opportunities.

This analysis provides a snapshot of FAT Brands Inc.'s current securities and compliance posture as of the reporting date. Further details would require additional sections of the filing for a comprehensive financial analysis.