Summary
10.16 0.46(4.74%)09/13/2024
FAT Brands Inc (FATBP)
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FAT Brands Inc (FATBP)
Key Facts
| 1 Day | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 5 Years | All Time |
| 4.74 | -8.90 | -13.42 | -30.26 | -39.55 | -39.38 | 0.00 | -32.60 |
Last 730 data points are shown. To view all data, Upgrade to PRO plan with only $1
| Trading Data | ||
| Close | 10.16 | |
| Open | 9.70 | |
| High | 10.16 | |
| Low | 9.70 | |
| Volume | 24,191 | |
| Change | 0.46 | |
| Change % | 4.74 | |
| Avg Volume (20 Days) | 28,834 | |
| Volume/Avg Volume (20 Days) Ratio | 0.84 | |
| 52 Week Range | 9.33 - 16.40 | |
| Price vs 52 Week High | -38.05% | |
| Price vs 52 Week Low | 8.90% | |
| Range | 2.99 | |
| Gap Up/Down | -0.62 | |
Fundamentals | ||
| Market Capitalization (Mln) | 85 | |
| EBIDTA | 7,578,000 | |
| PE Ratio | 0.0000 | |
| PEG Ratio | 0.0000 | |
| WallStreet Target Price | 0.00 | |
| Book Value | 0.0000 | |
| Earnings Per Share | -1.2740 | |
| EPS Estimate Current Quarter | 0.0000 | |
| EPS Estimate Next Quarter | 0.0000 | |
| EPS Estimate Current Year | 0.0000 | |
| EPS Estimate Next Year | 0.0000 | |
| Diluted EPS (TTM) | -1.2740 | |
| Revenues | ||
| Profit Marging | -0.3838 | |
| Operating Marging (TTM) | 0.0783 | |
| Return on asset (TTM) | 0.0065 | |
| Return on equity (TTM) | -1.5720 | |
| Revenue TTM | 51,192,000 | |
| Revenue per share TTM | 3.3200 | |
| Quarterly Revenue Growth (YOY) | 6.2780 | |
| Quarterly Earnings Growth (YOY) | 0.0000 | |
| Gross Profit (TTM) | 12,900,000 | |
| Dividends | ||
| Dividend Share | 0.3900 | |
| Dividend Yield | 0.0220 | |
| Valuations | ||
| Trailing PE | 0.0000 | |
| Forward PE | 0.0000 | |
| Price Sales (TTM) | 0.0000 | |
| Price Book (MRQ) | 0.0000 | |
| Revenue Enterprise Value | 0.0000 | |
| EBITDA Enterprise Value | 0.0000 | |
| Shares | ||
| Shares Outstanding | 0 | |
| Shares Float | 4,510,660 | |
| Shares Short | 0 | |
| Shares Short (Prior Month) | 0 | |
| Shares Ratio | 0.00 | |
| Short Outstanding (%) | 0.00 | |
| Short Float (%) | 0.00 | |
| Insider (%) | 0.00 | |
| Institutions (%) | 5.64 | |
09/04 13:53 EST - seekingalpha.com
FAT Brands (FAT) Presents At LD 500 Investor Virtual Conference - Slideshow
The following slide deck was published by FAT Brands Inc. in conjunction with this event..
FAT Brands (FAT) Presents At LD 500 Investor Virtual Conference - Slideshow
The following slide deck was published by FAT Brands Inc. in conjunction with this event..
08/14 17:24 EST - finance.yahoo.com
FAT Brands CEO: 'We’re very actively looking at things to acquire today' after Johnny Rockets acquisition
“We made this acquisition for the long-term. COVID-19 is a short-term crisis. It’s not going to go on forever,” CEO Andy Wiederhorn said.
FAT Brands CEO: 'We’re very actively looking at things to acquire today' after Johnny Rockets acquisition
“We made this acquisition for the long-term. COVID-19 is a short-term crisis. It’s not going to go on forever,” CEO Andy Wiederhorn said.
08/14 15:22 EST - finance.yahoo.com
Fat Brands CEO eyes further acquisitions: ‘valuations are down, prices are a little better’ as restaurants look to recover
Andy Wiederhorn, Fat Brands CEO, joins Yahoo Finance’s Alexis Christoforous, Brian Sozzi and Julia La Roche to discuss the company’s $25 million dollar acquisition of Johnny Rockets, future outlook for the company and more.
Fat Brands CEO eyes further acquisitions: ‘valuations are down, prices are a little better’ as restaurants look to recover
Andy Wiederhorn, Fat Brands CEO, joins Yahoo Finance’s Alexis Christoforous, Brian Sozzi and Julia La Roche to discuss the company’s $25 million dollar acquisition of Johnny Rockets, future outlook for the company and more.
08/13 15:57 EST - finance.yahoo.com
Sonic sales are going bonkers during COVID-19 — here's the major reason why
Inspire Brands CEO Paul Brown joins Yahoo Finance to discuss how his restaurants brands Sonic, Buffalo Wild Wings, Arby's, Jimmy John's and Rusty Taco are performing during the pandemic.
Sonic sales are going bonkers during COVID-19 — here's the major reason why
Inspire Brands CEO Paul Brown joins Yahoo Finance to discuss how his restaurants brands Sonic, Buffalo Wild Wings, Arby's, Jimmy John's and Rusty Taco are performing during the pandemic.
08/13 15:27 EST - finance.yahoo.com
Shares of Fatburger parent soar 128% after $25 million Johnny Rockets acquisition
Fat Brands Inc. stock soared 128% in Thursday trading after the company announced it was acquiring the Johnny Rockets chain restaurants from private-equity firm Sun Capital Partners Inc. for $25 million. The purchase, funded through cash on hand and proceeds from the company's securitization facility, is expected to be completed next month. Johnny Rockets is a 50's-style burger-and-shake chain with 325 locations around the world, including nine that are company-owned. The acquisition will bring Fat Brands' total number of owned and franchised locations to more than 700 with annual sales that exceed $700 million. Fat Brands stock has rallied 77% for the year to date while the S&P 500 index is up 4.8% for the period.
Shares of Fatburger parent soar 128% after $25 million Johnny Rockets acquisition
Fat Brands Inc. stock soared 128% in Thursday trading after the company announced it was acquiring the Johnny Rockets chain restaurants from private-equity firm Sun Capital Partners Inc. for $25 million. The purchase, funded through cash on hand and proceeds from the company's securitization facility, is expected to be completed next month. Johnny Rockets is a 50's-style burger-and-shake chain with 325 locations around the world, including nine that are company-owned. The acquisition will bring Fat Brands' total number of owned and franchised locations to more than 700 with annual sales that exceed $700 million. Fat Brands stock has rallied 77% for the year to date while the S&P 500 index is up 4.8% for the period.
08/13 12:25 EST - finance.yahoo.com
Digital Offering Acts as Financial Advisor to FAT Brands Inc. Public Offering of Series B Preferred Stock and Warrants
LAGUNA BEACH, CA / ACCESSWIRE / August 13, 2020 / Digital Offering, a next generation investment bank is pleased to announce that Digital Offering acted as the financial advisor for the FAT Brands Inc.
Digital Offering Acts as Financial Advisor to FAT Brands Inc. Public Offering of Series B Preferred Stock and Warrants
LAGUNA BEACH, CA / ACCESSWIRE / August 13, 2020 / Digital Offering, a next generation investment bank is pleased to announce that Digital Offering acted as the financial advisor for the FAT Brands Inc.
08/13 10:45 EST - finance.yahoo.com
FAT Brands Announces Planned Acquisition of Johnny Rockets
Global Franchisor To Beef Up Burger Portfolio with World-Wide All-American Restaurant Chain LOS ANGELES, Aug. 13, 2020 (GLOBE NEWSWIRE) -- FAT (Fresh. Authentic. Tasty.) Brands Inc. (NASDAQ: FAT) (“FAT Brands” or the “Company”) announced today that it has agreed to acquire the Johnny Rockets restaurant chain from an affiliate of private equity firm Sun Capital Partners, Inc. for approximately $25 million. The deal will be funded through cash on hand and proceeds generated from the Company’s securitization facility. The purchase is expected to be completed in September 2020. With the acquisition of Johnny Rockets, FAT Brands will have more than 700 franchised and company owned restaurants around the globe with annual system-wide sales exceeding $700 million.Johnny Rockets was founded in 1986 with its first location on the iconic Melrose Avenue in Los Angeles, California. Known for its 1950s diner style décor, the chain serves up freshly-made, classic burgers and indulgent, hand-spun real ice cream shakes. Johnny Rockets currently has over 325 locations across the U.S. and internationally, including 9 company owned locations. “FAT Brands is delighted to carry the torch from the affiliate of Sun Capital Partners, Inc., a global private equity leader with deep investment and operational experience, and run hard,” said Andy Wiederhorn, President and CEO of FAT Brands. “Similar to Fatburger, Johnny Rockets got its start in Los Angeles, and we couldn’t be more pleased to add another true staple in our home city to our portfolio. This acquisition is a transformative event for FAT Brands in terms of scale and brand awareness. We see a lot of synergy with Johnny Rockets and our current restaurant concepts and we are eager to take the brand to new heights.” Duff & Phelps served as financial advisor to Sun Capital Partners, Inc. and Morgan, Lewis & Bockius LLP acted as legal counsel to Sun Capital Partners, Inc., Loeb & Loeb LLP acted as legal counsel to FAT Brands and Andersen Tax LLC served as tax advisor to FAT Brands Inc.For more information, please visit www.fatbrands.com.Management’s Prepared RemarksFAT Brands will host management’s prepared remarks at 9:00 AM ET today, Thursday, August 13th, accessible via webcast at www.fatbrands.com under the “invest” section or via phone by dialing 1-877-705-6003. A replay will be available after the call until August 20th, 2020, and can be accessed by dialing 1-844-512-2921. The passcode is 13708482. About FAT (Fresh. Authentic. Tasty.) BrandsFAT Brands (NASDAQ: FAT) is a leading global franchising company that strategically acquires, markets and develops fast casual and casual dining restaurant concepts around the world. The Company currently owns eight restaurant brands: Fatburger, Buffalo’s Cafe, Buffalo’s Express, Hurricane Grill & Wings, Elevation Burger, Yalla Mediterranean and Ponderosa and Bonanza Steakhouses, and franchises over 375 units worldwide. For more information, please visit www.fatbrands.com.About Johnny RocketsFounded in 1986 on iconic Melrose Avenue in Los Angeles, Johnny Rockets is a world-renowned, international restaurant franchise that offers high quality, innovative menu items including items including Certified Angus Beef® cooked-to-order hamburgers, Boca Burger®, chicken sandwiches, crispy fries and rich, delicious hand-spun shakes and malts. With nearly 325 franchise and corporate locations in over 25 countries around the globe, this dynamic lifestyle brand offers friendly service and upbeat music contributing to the chain’s signature atmosphere of relaxed, casual fun. To learn more about the Johnny Rockets brand, please visit the brand website at www.johnnyrockets.com, or follow us on Facebook, Twitter and Instagram.About Sun Capital Partners, Inc.In 2020, Sun Capital Partners, Inc. celebrates 25 years of investing; identifying companies’ untapped potential, and accelerating value through operational excellence. Since 1995, Sun Capital has invested in more than 375 companies worldwide with revenues in excess of $50 billion across a broad range of industries and transaction structures. Over the quarter century, the Firm has built a reputation as a trusted partner recognized for its investment and operational experience, including particular expertise in Business and Consumer Services, Healthcare, Industrial and Consumer sectors. Sun Capital has offices in Boca Raton, Los Angeles and New York, and an affiliate with offices in London.Forward-Looking StatementsThis press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements relating to the future financial performance and growth of the Company and Johnny Rockets, the Company’s ability to complete the acquisition of Johnny Rockets, the Company’s ability to leverage its expertise and infrastructure and successfully integrate and exploit the synergies of the acquisition, and the Company’s ability to conduct future accretive acquisitions. Forward-looking statements reflect the Company’s expectations concerning the future and are subject to significant business, economic and competitive risks, uncertainties and contingencies including, but not limited to, uncertainties surrounding the severity, duration and effects of the COVID-19 pandemic, many of which are difficult to predict and beyond our control and which could cause our actual results to differ materially from the results expressed or implied in such forward-looking statements. We refer you to the documents we file from time to time with the Securities and Exchange Commission, such as our reports on Form 10-K, Form 10-Q and Form 8-K, for a discussion of these and other risks and uncertainties. We undertake no obligation to update any forward-looking statement to reflect events or circumstances occurring after the date of this press release.Contacts Media Relations: JConnelly Erin Mandzik emandzik@jconnelly.com 862-246-9911Investor Relations: ICR Ashley DeSimone IR-FATBrands@icrinc.com 646-677-1827
FAT Brands Announces Planned Acquisition of Johnny Rockets
Global Franchisor To Beef Up Burger Portfolio with World-Wide All-American Restaurant Chain LOS ANGELES, Aug. 13, 2020 (GLOBE NEWSWIRE) -- FAT (Fresh. Authentic. Tasty.) Brands Inc. (NASDAQ: FAT) (“FAT Brands” or the “Company”) announced today that it has agreed to acquire the Johnny Rockets restaurant chain from an affiliate of private equity firm Sun Capital Partners, Inc. for approximately $25 million. The deal will be funded through cash on hand and proceeds generated from the Company’s securitization facility. The purchase is expected to be completed in September 2020. With the acquisition of Johnny Rockets, FAT Brands will have more than 700 franchised and company owned restaurants around the globe with annual system-wide sales exceeding $700 million.Johnny Rockets was founded in 1986 with its first location on the iconic Melrose Avenue in Los Angeles, California. Known for its 1950s diner style décor, the chain serves up freshly-made, classic burgers and indulgent, hand-spun real ice cream shakes. Johnny Rockets currently has over 325 locations across the U.S. and internationally, including 9 company owned locations. “FAT Brands is delighted to carry the torch from the affiliate of Sun Capital Partners, Inc., a global private equity leader with deep investment and operational experience, and run hard,” said Andy Wiederhorn, President and CEO of FAT Brands. “Similar to Fatburger, Johnny Rockets got its start in Los Angeles, and we couldn’t be more pleased to add another true staple in our home city to our portfolio. This acquisition is a transformative event for FAT Brands in terms of scale and brand awareness. We see a lot of synergy with Johnny Rockets and our current restaurant concepts and we are eager to take the brand to new heights.” Duff & Phelps served as financial advisor to Sun Capital Partners, Inc. and Morgan, Lewis & Bockius LLP acted as legal counsel to Sun Capital Partners, Inc., Loeb & Loeb LLP acted as legal counsel to FAT Brands and Andersen Tax LLC served as tax advisor to FAT Brands Inc.For more information, please visit www.fatbrands.com.Management’s Prepared RemarksFAT Brands will host management’s prepared remarks at 9:00 AM ET today, Thursday, August 13th, accessible via webcast at www.fatbrands.com under the “invest” section or via phone by dialing 1-877-705-6003. A replay will be available after the call until August 20th, 2020, and can be accessed by dialing 1-844-512-2921. The passcode is 13708482. About FAT (Fresh. Authentic. Tasty.) BrandsFAT Brands (NASDAQ: FAT) is a leading global franchising company that strategically acquires, markets and develops fast casual and casual dining restaurant concepts around the world. The Company currently owns eight restaurant brands: Fatburger, Buffalo’s Cafe, Buffalo’s Express, Hurricane Grill & Wings, Elevation Burger, Yalla Mediterranean and Ponderosa and Bonanza Steakhouses, and franchises over 375 units worldwide. For more information, please visit www.fatbrands.com.About Johnny RocketsFounded in 1986 on iconic Melrose Avenue in Los Angeles, Johnny Rockets is a world-renowned, international restaurant franchise that offers high quality, innovative menu items including items including Certified Angus Beef® cooked-to-order hamburgers, Boca Burger®, chicken sandwiches, crispy fries and rich, delicious hand-spun shakes and malts. With nearly 325 franchise and corporate locations in over 25 countries around the globe, this dynamic lifestyle brand offers friendly service and upbeat music contributing to the chain’s signature atmosphere of relaxed, casual fun. To learn more about the Johnny Rockets brand, please visit the brand website at www.johnnyrockets.com, or follow us on Facebook, Twitter and Instagram.About Sun Capital Partners, Inc.In 2020, Sun Capital Partners, Inc. celebrates 25 years of investing; identifying companies’ untapped potential, and accelerating value through operational excellence. Since 1995, Sun Capital has invested in more than 375 companies worldwide with revenues in excess of $50 billion across a broad range of industries and transaction structures. Over the quarter century, the Firm has built a reputation as a trusted partner recognized for its investment and operational experience, including particular expertise in Business and Consumer Services, Healthcare, Industrial and Consumer sectors. Sun Capital has offices in Boca Raton, Los Angeles and New York, and an affiliate with offices in London.Forward-Looking StatementsThis press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements relating to the future financial performance and growth of the Company and Johnny Rockets, the Company’s ability to complete the acquisition of Johnny Rockets, the Company’s ability to leverage its expertise and infrastructure and successfully integrate and exploit the synergies of the acquisition, and the Company’s ability to conduct future accretive acquisitions. Forward-looking statements reflect the Company’s expectations concerning the future and are subject to significant business, economic and competitive risks, uncertainties and contingencies including, but not limited to, uncertainties surrounding the severity, duration and effects of the COVID-19 pandemic, many of which are difficult to predict and beyond our control and which could cause our actual results to differ materially from the results expressed or implied in such forward-looking statements. We refer you to the documents we file from time to time with the Securities and Exchange Commission, such as our reports on Form 10-K, Form 10-Q and Form 8-K, for a discussion of these and other risks and uncertainties. We undertake no obligation to update any forward-looking statement to reflect events or circumstances occurring after the date of this press release.Contacts Media Relations: JConnelly Erin Mandzik emandzik@jconnelly.com 862-246-9911Investor Relations: ICR Ashley DeSimone IR-FATBrands@icrinc.com 646-677-1827
08/10 13:00 EST - finance.yahoo.com
Fatburger and Buffalo’s Express Debuts New Location in Los Angeles
Located on the Hollywood Walk of Fame, historic burger and wings brand opens a brand-new location Los Angeles, Aug. 10, 2020 (GLOBE NEWSWIRE) -- FAT (Fresh. Authentic. Tasty.) Brands Inc., parent company of Fatburger, Buffalo’s Express, and six other restaurant concepts, announces the opening of a co-branded Fatburger and Buffalo’s Express in Los Angeles. Starting today, the restaurant will be open for takeout and delivery in addition to limited outdoor dining that adheres to current restrictions.“Coming off the opening of Fatburger and Buffalo’s Express in the Eagle Rock neighborhood of Los Angeles just the other week, we are thrilled to be able to bring yet another location to the area,” said Andy Wiederhorn, CEO of FAT Brands. “Since our founding, the Hollywood community has really taken to our brand and we couldn’t be more pleased to open right in its epicenter, on the Hollywood Walk of Fame. Opening restaurants in a pandemic is no easy feat; however, with the right team in place, we have successfully navigated through the challenges and restrictions that have come our way to reach our end goal-new restaurants for our loyal fanbase.”Ever since the first Fatburger opened in Los Angeles more than 70 years ago, the chain has been known for its delicious, grilled-to-perfection and cooked to order burgers. Founder Lovie Yancey believed that a big burger with everything on it is a meal in itself. And at Fatburger “everything” is not just the usual lettuce, tomato, onion, mayo, mustard, pickles and relish. Burgers can be customized with everything from bacon and eggs to chili, jalapenos and onion rings. In addition to its famous burgers, the Fatburger menu also includes Fat and Skinny fries, sweet potato fries, scratch-made onion rings, IMPOSSIBLE™ burgers, turkeyburgers, chicken sandwiches, and hand scooped milkshakes made from 100% real ice cream. From the Buffalo’s Express menu, patrons can choose bone-in or boneless wings accompanied by a range of sauces including Scorchin, Carolina Fire BBQ, Asian Sesame, Coconut Jerk, Honey Garlic, and Sweet Bourbon BBQ. All of Buffalo’s Express menu wings are accompanied by celery, carrots and blue cheese, ranch or honey mustard dressing. The Los Angeles Fatburger and Buffalo's Express is located at 6760 Hollywood Blvd., Los Angeles, CA and will be open seven days a week; initial store hours will be 11:00 a.m. – 6:00 p.m. For more information or to find a Fatburger near you, please visit www.fatburger.com.For more information or to find a Buffalo’s Express near you, please visit www.buffalos.com.About FAT (Fresh. Authentic. Tasty.) Brands FAT Brands (NASDAQ: FAT) is a leading global franchising company that strategically acquires, markets and develops fast casual and casual dining restaurant concepts around the world. The Company currently owns eight restaurant brands: Fatburger, Buffalo’s Cafe, Buffalo’s Express, Hurricane Grill & Wings, Elevation Burger, Yalla Mediterranean and Ponderosa and Bonanza Steakhouses, and franchises over 375 units worldwide. For more information, please visit www.fatbrands.com.About FatburgerAn all-American, Hollywood favorite, Fatburger is a fast-casual restaurant serving big, juicy, tasty burgers, crafted specifically to each customer’s liking. With a legacy spanning 70 years, Fatburger’s extraordinary quality and taste inspire fierce loyalty amongst its fan base, which includes a number of A-list celebrities and athletes. Featuring a contemporary design and ambience, Fatburger offers an unparalleled dining experience, demonstrating the same dedication to serving gourmet, homemade, custom-built burgers as it has since 1952 – The Last Great Hamburger Stand™.About Buffalo’s ExpressFounded in 1985 in Roswell, Georgia, Buffalo’s Express is a fast-casual chain known for its world-famous chicken wings and proprietary wing sauces. Co-branded with 72 Fatburger restaurants to date, Buffalo’s Express’ significant growth can be attributed to its high-quality menu offerings and unparalleled dining experience. Featuring a contemporary design and ambience, whether guests are dining-in or having take-out/delivery, Buffalo’s Express offers friends and families the flexibility to enjoy their world-famous chicken wings however they prefer. Buffalo’s Express – Where Everyone is Family™.MEDIA CONTACT: Erin Mandzik, JConnelly emandzik@jconnelly.com 862-246-9911
Fatburger and Buffalo’s Express Debuts New Location in Los Angeles
Located on the Hollywood Walk of Fame, historic burger and wings brand opens a brand-new location Los Angeles, Aug. 10, 2020 (GLOBE NEWSWIRE) -- FAT (Fresh. Authentic. Tasty.) Brands Inc., parent company of Fatburger, Buffalo’s Express, and six other restaurant concepts, announces the opening of a co-branded Fatburger and Buffalo’s Express in Los Angeles. Starting today, the restaurant will be open for takeout and delivery in addition to limited outdoor dining that adheres to current restrictions.“Coming off the opening of Fatburger and Buffalo’s Express in the Eagle Rock neighborhood of Los Angeles just the other week, we are thrilled to be able to bring yet another location to the area,” said Andy Wiederhorn, CEO of FAT Brands. “Since our founding, the Hollywood community has really taken to our brand and we couldn’t be more pleased to open right in its epicenter, on the Hollywood Walk of Fame. Opening restaurants in a pandemic is no easy feat; however, with the right team in place, we have successfully navigated through the challenges and restrictions that have come our way to reach our end goal-new restaurants for our loyal fanbase.”Ever since the first Fatburger opened in Los Angeles more than 70 years ago, the chain has been known for its delicious, grilled-to-perfection and cooked to order burgers. Founder Lovie Yancey believed that a big burger with everything on it is a meal in itself. And at Fatburger “everything” is not just the usual lettuce, tomato, onion, mayo, mustard, pickles and relish. Burgers can be customized with everything from bacon and eggs to chili, jalapenos and onion rings. In addition to its famous burgers, the Fatburger menu also includes Fat and Skinny fries, sweet potato fries, scratch-made onion rings, IMPOSSIBLE™ burgers, turkeyburgers, chicken sandwiches, and hand scooped milkshakes made from 100% real ice cream. From the Buffalo’s Express menu, patrons can choose bone-in or boneless wings accompanied by a range of sauces including Scorchin, Carolina Fire BBQ, Asian Sesame, Coconut Jerk, Honey Garlic, and Sweet Bourbon BBQ. All of Buffalo’s Express menu wings are accompanied by celery, carrots and blue cheese, ranch or honey mustard dressing. The Los Angeles Fatburger and Buffalo's Express is located at 6760 Hollywood Blvd., Los Angeles, CA and will be open seven days a week; initial store hours will be 11:00 a.m. – 6:00 p.m. For more information or to find a Fatburger near you, please visit www.fatburger.com.For more information or to find a Buffalo’s Express near you, please visit www.buffalos.com.About FAT (Fresh. Authentic. Tasty.) Brands FAT Brands (NASDAQ: FAT) is a leading global franchising company that strategically acquires, markets and develops fast casual and casual dining restaurant concepts around the world. The Company currently owns eight restaurant brands: Fatburger, Buffalo’s Cafe, Buffalo’s Express, Hurricane Grill & Wings, Elevation Burger, Yalla Mediterranean and Ponderosa and Bonanza Steakhouses, and franchises over 375 units worldwide. For more information, please visit www.fatbrands.com.About FatburgerAn all-American, Hollywood favorite, Fatburger is a fast-casual restaurant serving big, juicy, tasty burgers, crafted specifically to each customer’s liking. With a legacy spanning 70 years, Fatburger’s extraordinary quality and taste inspire fierce loyalty amongst its fan base, which includes a number of A-list celebrities and athletes. Featuring a contemporary design and ambience, Fatburger offers an unparalleled dining experience, demonstrating the same dedication to serving gourmet, homemade, custom-built burgers as it has since 1952 – The Last Great Hamburger Stand™.About Buffalo’s ExpressFounded in 1985 in Roswell, Georgia, Buffalo’s Express is a fast-casual chain known for its world-famous chicken wings and proprietary wing sauces. Co-branded with 72 Fatburger restaurants to date, Buffalo’s Express’ significant growth can be attributed to its high-quality menu offerings and unparalleled dining experience. Featuring a contemporary design and ambience, whether guests are dining-in or having take-out/delivery, Buffalo’s Express offers friends and families the flexibility to enjoy their world-famous chicken wings however they prefer. Buffalo’s Express – Where Everyone is Family™.MEDIA CONTACT: Erin Mandzik, JConnelly emandzik@jconnelly.com 862-246-9911
08/06 20:20 EST - finance.yahoo.com
FAT Brands Inc. Reports Second Quarter 2020 Financial Results
FAT (Fresh. Authentic. Tasty.) Brands Inc. (NASDAQ:FAT) ("FAT Brands" or the "Company") today reported fiscal second quarter 2020 financial results for the 13-week period ending June 28, 2020.
FAT Brands Inc. Reports Second Quarter 2020 Financial Results
FAT (Fresh. Authentic. Tasty.) Brands Inc. (NASDAQ:FAT) ("FAT Brands" or the "Company") today reported fiscal second quarter 2020 financial results for the 13-week period ending June 28, 2020.
08/04 13:45 EST - finance.yahoo.com
FAT Brands to Announce Second Quarter 2020 Financial Results on August 6, 2020
FAT (Fresh. Authentic. Tasty.) Brands Inc. (NASDAQ: FAT) ("FAT Brands" or the "Company") today announced that the Company will host a conference call to review its second quarter 2020 financial results on Thursday, August 6, 2020 at 5 PM ET. A press release with second quarter 2020 financial results will be issued prior to the conference call that day.
FAT Brands to Announce Second Quarter 2020 Financial Results on August 6, 2020
FAT (Fresh. Authentic. Tasty.) Brands Inc. (NASDAQ: FAT) ("FAT Brands" or the "Company") today announced that the Company will host a conference call to review its second quarter 2020 financial results on Thursday, August 6, 2020 at 5 PM ET. A press release with second quarter 2020 financial results will be issued prior to the conference call that day.
07/30 20:04 EST - finance.yahoo.com
Registration for Sidoti's 2020 Fall Virtual Investor Conference is Now Open.
Our Biannual Investor Conference has become a leading forum for small-cap companies to interface with investors specifically interested in the small-cap equities.
Registration for Sidoti's 2020 Fall Virtual Investor Conference is Now Open.
Our Biannual Investor Conference has become a leading forum for small-cap companies to interface with investors specifically interested in the small-cap equities.
07/28 13:00 EST - finance.yahoo.com
FATBURGER FOOD TRUCK RESUMES FREE MEALS FOR HEALTHCARE HEROES INITIATIVE
Popular LA-based burger chain to donate an additional 10,000 meals for Los Angeles healthcare workers totaling 35,000 meals since pandemic’s beginningLos Angeles, July 28, 2020 (GLOBE NEWSWIRE) -- FAT (Fresh. Authentic. Tasty.) Brands Inc. (NASDAQ: FAT) is resuming its “healthcare heroes initiative” by bringing its Fatburger “Fatmobile” food truck to local hospitals to cook fresh, tasty meals for healthcare workers across the LA region.At the height of the pandemic in April and May, the Fatmobile made stops at dozens of area hospitals serving up a total of 25,000 meals for local healthcare heroes. Now, as cases have started to rise in LA and the surrounding area, Fatburger plans to dish out an additional 10,000 meals to healthcare heroes.“Since day one of the pandemic, we have strived to do whatever we can to help our healthcare heroes,” said Andy Wiederhorn, CEO of FAT Brands. “With cases continuing to rise in the Los Angeles region, it only felt natural to restart our meal giveaway to show our appreciation for all that they are continuing to do.”Each meal is a thank you to healthcare employees for their efforts over the past five months to protect the community. Fatburger will be delivering freshly cooked meals to LA’s healthcare workers this week and for the foreseeable future as a small gesture of thanks for everything they do for the city as they continue to fight on the front lines.UPCOMING STOPS:Thursday, July 30th at 12:00pm Harbor-UCLA Medical Center 1000 W Carson St. Torrance, CA 90502Friday, July 31st at 11:30am Berkley East Convalescent Hospital 2021 Arizona Ave., Santa Monica, CA 90404Monday, August 3rd at 11:30am Huntington Beach Hospital 17772 Beach Blvd., Huntington Beach, CA 92647Tuesday, August 4th at 7:00pm Methodist Hospital of Southern California 300 Huntington Dr., Arcadia, CA 91007Wednesday, August 5th at 8:00pm Providence Saint John's Health Center - Santa Monica 2121 Santa Monica Blvd., Santa Monica, CA 90404Thursday, August 6th and Friday August 7th at 12:30pm LAC+USC Medical Center 1983 Marengo Avenue Building H (East End of Building) Los Angeles, CA 90033**more stops to be announced in the coming weeksAbout FAT (Fresh. Authentic. Tasty.) Brands FAT Brands (NASDAQ: FAT) is a leading global franchising company that strategically acquires, markets and develops fast casual and casual dining restaurant concepts around the world. The Company currently owns eight restaurant brands: Fatburger, Buffalo’s Cafe, Buffalo’s Express, Hurricane Grill & Wings, Elevation Burger, Yalla Mediterranean and Ponderosa and Bonanza Steakhouses, and franchises over 375 units worldwide. For more information, please visit www.fatbrands.com.About FatburgerAn all-American, Hollywood favorite, Fatburger is a fast-casual restaurant serving big, juicy, tasty burgers, crafted specifically to each customer’s liking. With a legacy spanning 70 years, Fatburger’s extraordinary quality and taste inspire fierce loyalty amongst its fan base, which includes a number of A-list celebrities and athletes. Featuring a contemporary design and ambience, Fatburger offers an unparalleled dining experience, demonstrating the same dedication to serving gourmet, homemade, custom-built burgers as it has since 1952 – The Last Great Hamburger Stand™.CONTACT: Erin Mandzik JConnelly 862-246-9911 emandzik@jconnelly.com
FATBURGER FOOD TRUCK RESUMES FREE MEALS FOR HEALTHCARE HEROES INITIATIVE
Popular LA-based burger chain to donate an additional 10,000 meals for Los Angeles healthcare workers totaling 35,000 meals since pandemic’s beginningLos Angeles, July 28, 2020 (GLOBE NEWSWIRE) -- FAT (Fresh. Authentic. Tasty.) Brands Inc. (NASDAQ: FAT) is resuming its “healthcare heroes initiative” by bringing its Fatburger “Fatmobile” food truck to local hospitals to cook fresh, tasty meals for healthcare workers across the LA region.At the height of the pandemic in April and May, the Fatmobile made stops at dozens of area hospitals serving up a total of 25,000 meals for local healthcare heroes. Now, as cases have started to rise in LA and the surrounding area, Fatburger plans to dish out an additional 10,000 meals to healthcare heroes.“Since day one of the pandemic, we have strived to do whatever we can to help our healthcare heroes,” said Andy Wiederhorn, CEO of FAT Brands. “With cases continuing to rise in the Los Angeles region, it only felt natural to restart our meal giveaway to show our appreciation for all that they are continuing to do.”Each meal is a thank you to healthcare employees for their efforts over the past five months to protect the community. Fatburger will be delivering freshly cooked meals to LA’s healthcare workers this week and for the foreseeable future as a small gesture of thanks for everything they do for the city as they continue to fight on the front lines.UPCOMING STOPS:Thursday, July 30th at 12:00pm Harbor-UCLA Medical Center 1000 W Carson St. Torrance, CA 90502Friday, July 31st at 11:30am Berkley East Convalescent Hospital 2021 Arizona Ave., Santa Monica, CA 90404Monday, August 3rd at 11:30am Huntington Beach Hospital 17772 Beach Blvd., Huntington Beach, CA 92647Tuesday, August 4th at 7:00pm Methodist Hospital of Southern California 300 Huntington Dr., Arcadia, CA 91007Wednesday, August 5th at 8:00pm Providence Saint John's Health Center - Santa Monica 2121 Santa Monica Blvd., Santa Monica, CA 90404Thursday, August 6th and Friday August 7th at 12:30pm LAC+USC Medical Center 1983 Marengo Avenue Building H (East End of Building) Los Angeles, CA 90033**more stops to be announced in the coming weeksAbout FAT (Fresh. Authentic. Tasty.) Brands FAT Brands (NASDAQ: FAT) is a leading global franchising company that strategically acquires, markets and develops fast casual and casual dining restaurant concepts around the world. The Company currently owns eight restaurant brands: Fatburger, Buffalo’s Cafe, Buffalo’s Express, Hurricane Grill & Wings, Elevation Burger, Yalla Mediterranean and Ponderosa and Bonanza Steakhouses, and franchises over 375 units worldwide. For more information, please visit www.fatbrands.com.About FatburgerAn all-American, Hollywood favorite, Fatburger is a fast-casual restaurant serving big, juicy, tasty burgers, crafted specifically to each customer’s liking. With a legacy spanning 70 years, Fatburger’s extraordinary quality and taste inspire fierce loyalty amongst its fan base, which includes a number of A-list celebrities and athletes. Featuring a contemporary design and ambience, Fatburger offers an unparalleled dining experience, demonstrating the same dedication to serving gourmet, homemade, custom-built burgers as it has since 1952 – The Last Great Hamburger Stand™.CONTACT: Erin Mandzik JConnelly 862-246-9911 emandzik@jconnelly.com
07/27 13:00 EST - finance.yahoo.com
Fatburger and Buffalo’s Express Debuts New location in L.A.’s Eagle Rock Neighborhood
Popular favorite burger and wings brand opens a brand-new location in eclectic Los Angeles neighborhood. Los Angeles, July 27, 2020 (GLOBE NEWSWIRE) -- FAT (Fresh. Authentic. Tasty.) Brands Inc., parent company of Fatburger, Buffalo’s Express, and six other restaurant concepts, announces the opening of a co-branded Fatburger and Buffalo’s Express in Eagle Rock, a neighborhood in Los Angeles, CA. Starting today, the restaurant will be open for takeout, patio dining and delivery.“Over the last several weeks, LA has been hit hard with recent closures and new restrictions,” said Andy Wiederhorn, CEO of FAT Brands. “That said, we are grateful to be able to move forward with opening our newest Fatburger and Buffalo’s Express location in the city, providing another spot for our loyal customers to get their favorite burgers, wings and fries.”Ever since the first Fatburger opened in Hollywood more than 70 years ago, the chain has been known for its delicious, grilled-to-perfection and cooked to order burgers. Founder Lovie Yancey believed that a big burger with everything on it is a meal in itself. And at Fatburger “everything” is not just the usual lettuce, tomato, onion, mayo, mustard, pickles and relish. Burgers can be customized with everything from bacon and eggs to chili, jalapenos and onion rings. In addition to its famous burgers, the Fatburger menu also includes Fat and Skinny fries, sweet potato fries, scratch-made onion rings, IMPOSSIBLE™ burgers, turkeyburgers, chicken sandwiches, and hand scooped milkshakes made from 100% real ice cream.From the Buffalo’s Express menu, patrons can choose bone-in or boneless wings accompanied by a range of sauces including Scorchin, Carolina Fire BBQ, Asian Sesame, Coconut Jerk, Honey Garlic, and Sweet Bourbon BBQ. All of Buffalo’s Express menu wings are accompanied by celery, carrots and blue cheese, ranch or honey mustard dressing.The Los Angeles Fatburger and Buffalo's Express is located at 4945 Eagle Rock Blvd. Unit B, Los Angeles, CA and will be open seven days a week; store hours will be 10:30 a.m. to 11:00 p.m.For more information or to find a Fatburger near you, please visit www.fatburger.com.For more information or to find a Buffalo’s Express near you, please visit www.buffalos.com.About FAT (Fresh. Authentic. Tasty.) Brands FAT Brands (NASDAQ: FAT) is a leading global franchising company that strategically acquires, markets and develops fast casual and casual dining restaurant concepts around the world. The Company currently owns eight restaurant brands: Fatburger, Buffalo’s Cafe, Buffalo’s Express, Hurricane Grill & Wings, Elevation Burger, Yalla Mediterranean and Ponderosa and Bonanza Steakhouses, and franchises over 375 units worldwide. For more information, please visit www.fatbrands.com.About FatburgerAn all-American, Hollywood favorite, Fatburger is a fast-casual restaurant serving big, juicy, tasty burgers, crafted specifically to each customer’s liking. With a legacy spanning 70 years, Fatburger’s extraordinary quality and taste inspire fierce loyalty amongst its fan base, which includes a number of A-list celebrities and athletes. Featuring a contemporary design and ambience, Fatburger offers an unparalleled dining experience, demonstrating the same dedication to serving gourmet, homemade, custom-built burgers as it has since 1952 – The Last Great Hamburger Stand™.About Buffalo’s ExpressFounded in 1985 in Roswell, Georgia, Buffalo’s Express is a fast-casual chain known for its world-famous chicken wings and proprietary wing sauces. Co-branded with 72 Fatburger restaurants to date, Buffalo’s Express’ significant growth can be attributed to its high-quality menu offerings and unparalleled dining experience. Featuring a contemporary design and ambience, whether guests are dining-in or having take-out/delivery, Buffalo’s Express offers friends and families the flexibility to enjoy their world-famous chicken wings however they prefer. Buffalo’s Express – Where Everyone is Family™.MEDIA CONTACT: Gabriella Daidone, JConnelly gdaidone@jconnelly.com 973-647-4177
Fatburger and Buffalo’s Express Debuts New location in L.A.’s Eagle Rock Neighborhood
Popular favorite burger and wings brand opens a brand-new location in eclectic Los Angeles neighborhood. Los Angeles, July 27, 2020 (GLOBE NEWSWIRE) -- FAT (Fresh. Authentic. Tasty.) Brands Inc., parent company of Fatburger, Buffalo’s Express, and six other restaurant concepts, announces the opening of a co-branded Fatburger and Buffalo’s Express in Eagle Rock, a neighborhood in Los Angeles, CA. Starting today, the restaurant will be open for takeout, patio dining and delivery.“Over the last several weeks, LA has been hit hard with recent closures and new restrictions,” said Andy Wiederhorn, CEO of FAT Brands. “That said, we are grateful to be able to move forward with opening our newest Fatburger and Buffalo’s Express location in the city, providing another spot for our loyal customers to get their favorite burgers, wings and fries.”Ever since the first Fatburger opened in Hollywood more than 70 years ago, the chain has been known for its delicious, grilled-to-perfection and cooked to order burgers. Founder Lovie Yancey believed that a big burger with everything on it is a meal in itself. And at Fatburger “everything” is not just the usual lettuce, tomato, onion, mayo, mustard, pickles and relish. Burgers can be customized with everything from bacon and eggs to chili, jalapenos and onion rings. In addition to its famous burgers, the Fatburger menu also includes Fat and Skinny fries, sweet potato fries, scratch-made onion rings, IMPOSSIBLE™ burgers, turkeyburgers, chicken sandwiches, and hand scooped milkshakes made from 100% real ice cream.From the Buffalo’s Express menu, patrons can choose bone-in or boneless wings accompanied by a range of sauces including Scorchin, Carolina Fire BBQ, Asian Sesame, Coconut Jerk, Honey Garlic, and Sweet Bourbon BBQ. All of Buffalo’s Express menu wings are accompanied by celery, carrots and blue cheese, ranch or honey mustard dressing.The Los Angeles Fatburger and Buffalo's Express is located at 4945 Eagle Rock Blvd. Unit B, Los Angeles, CA and will be open seven days a week; store hours will be 10:30 a.m. to 11:00 p.m.For more information or to find a Fatburger near you, please visit www.fatburger.com.For more information or to find a Buffalo’s Express near you, please visit www.buffalos.com.About FAT (Fresh. Authentic. Tasty.) Brands FAT Brands (NASDAQ: FAT) is a leading global franchising company that strategically acquires, markets and develops fast casual and casual dining restaurant concepts around the world. The Company currently owns eight restaurant brands: Fatburger, Buffalo’s Cafe, Buffalo’s Express, Hurricane Grill & Wings, Elevation Burger, Yalla Mediterranean and Ponderosa and Bonanza Steakhouses, and franchises over 375 units worldwide. For more information, please visit www.fatbrands.com.About FatburgerAn all-American, Hollywood favorite, Fatburger is a fast-casual restaurant serving big, juicy, tasty burgers, crafted specifically to each customer’s liking. With a legacy spanning 70 years, Fatburger’s extraordinary quality and taste inspire fierce loyalty amongst its fan base, which includes a number of A-list celebrities and athletes. Featuring a contemporary design and ambience, Fatburger offers an unparalleled dining experience, demonstrating the same dedication to serving gourmet, homemade, custom-built burgers as it has since 1952 – The Last Great Hamburger Stand™.About Buffalo’s ExpressFounded in 1985 in Roswell, Georgia, Buffalo’s Express is a fast-casual chain known for its world-famous chicken wings and proprietary wing sauces. Co-branded with 72 Fatburger restaurants to date, Buffalo’s Express’ significant growth can be attributed to its high-quality menu offerings and unparalleled dining experience. Featuring a contemporary design and ambience, whether guests are dining-in or having take-out/delivery, Buffalo’s Express offers friends and families the flexibility to enjoy their world-famous chicken wings however they prefer. Buffalo’s Express – Where Everyone is Family™.MEDIA CONTACT: Gabriella Daidone, JConnelly gdaidone@jconnelly.com 973-647-4177
07/23 13:00 EST - finance.yahoo.com
FAT Brands’ Elevation Burger Enters the Smithsonian’s National Zoo
Ethical and Sustainable; the “Better for you” Burger Joint Comes to the Nation’s Capital Washington DC, July 23, 2020 (GLOBE NEWSWIRE) -- FAT (Fresh. Authentic. Tasty.) Brands Inc., parent company of Elevation Burger and seven other restaurant concepts, in partnership with Franchisee, Yousuf Nagaria of Capitol Concessions LLC, announces the opening of a new location in Washington D.C. at the Smithsonian's National Zoo. The grand opening is scheduled for tomorrow, Friday, July 24, 2020.“Elevation Burger is a fan favorite in the communities surrounding Washington D.C. and it was only natural to add a location in the Nation’s Capital,” said Andy Wiederhorn, CEO of FAT Brands. “We’re thrilled to become a part of the experience that the Smithsonian’s National Zoo provides to so many families and individuals.”As the first organic burger chain, Elevation Burger’s mission is to change the world, one burger at a time. Since its inception in 2002, the chain has elevated customer expectations by serving USDA Certified Organic, 100% Grass-Fed Beef Burgers, fresh cut French fries cooked in heart healthy olive oil, and organic, cage-free chicken. All menu items are freshly made on-site and offered at a fair price point.The Elevation Burger at the Smithsonian's National Zoo is located at 3001 Connecticut Ave NW in Washington, D.C. 20008 and it will be open from 11:00am – 5:00pm daily.For more information or to find an Elevation Burger near you, please visit www.elevationburger.comFor more information regarding the Smithsonian Zoo reopening, please visit: https://nationalzoo.si.edu/visit/welcome-back-zoo.About Elevation Burger Elevation Burger is the first organic burger chain created in 2002. The mission? To change the world, one burger at a time. The brand’s slogan, “Ingredients Matter”, is a reflection of Elevation Burger’s focus on sourcing only the highest quality ingredients, inclusive of USDA Certified Organic, 100% grass-fed beef patties, fries cooked in heart-healthy olive oil, and cage-free chicken. As a premium fast-casual burger restaurant, Elevation Burger is committed to elevating standards with quality food that makes a difference to the guests and the environment. For more information, visit Elevation Burger online at www.elevationburger.com.About FAT (Fresh. Authentic. Tasty.) Brands FAT Brands (NASDAQ: FAT) is a leading global franchising company that strategically acquires, markets and develops fast casual and casual dining restaurant concepts around the world. The Company currently owns eight restaurant brands: Fatburger, Buffalo’s Cafe, Buffalo’s Express, Hurricane Grill & Wings, Elevation Burger, Yalla Mediterranean and Ponderosa and Bonanza Steakhouses, and franchises over 375 units worldwide. For more information, please visit www.fatbrands.com.MEDIA CONTACT: Gabriella Daidone, JConnelly gdaidone@jconnelly.com 973-647-4177
FAT Brands’ Elevation Burger Enters the Smithsonian’s National Zoo
Ethical and Sustainable; the “Better for you” Burger Joint Comes to the Nation’s Capital Washington DC, July 23, 2020 (GLOBE NEWSWIRE) -- FAT (Fresh. Authentic. Tasty.) Brands Inc., parent company of Elevation Burger and seven other restaurant concepts, in partnership with Franchisee, Yousuf Nagaria of Capitol Concessions LLC, announces the opening of a new location in Washington D.C. at the Smithsonian's National Zoo. The grand opening is scheduled for tomorrow, Friday, July 24, 2020.“Elevation Burger is a fan favorite in the communities surrounding Washington D.C. and it was only natural to add a location in the Nation’s Capital,” said Andy Wiederhorn, CEO of FAT Brands. “We’re thrilled to become a part of the experience that the Smithsonian’s National Zoo provides to so many families and individuals.”As the first organic burger chain, Elevation Burger’s mission is to change the world, one burger at a time. Since its inception in 2002, the chain has elevated customer expectations by serving USDA Certified Organic, 100% Grass-Fed Beef Burgers, fresh cut French fries cooked in heart healthy olive oil, and organic, cage-free chicken. All menu items are freshly made on-site and offered at a fair price point.The Elevation Burger at the Smithsonian's National Zoo is located at 3001 Connecticut Ave NW in Washington, D.C. 20008 and it will be open from 11:00am – 5:00pm daily.For more information or to find an Elevation Burger near you, please visit www.elevationburger.comFor more information regarding the Smithsonian Zoo reopening, please visit: https://nationalzoo.si.edu/visit/welcome-back-zoo.About Elevation Burger Elevation Burger is the first organic burger chain created in 2002. The mission? To change the world, one burger at a time. The brand’s slogan, “Ingredients Matter”, is a reflection of Elevation Burger’s focus on sourcing only the highest quality ingredients, inclusive of USDA Certified Organic, 100% grass-fed beef patties, fries cooked in heart-healthy olive oil, and cage-free chicken. As a premium fast-casual burger restaurant, Elevation Burger is committed to elevating standards with quality food that makes a difference to the guests and the environment. For more information, visit Elevation Burger online at www.elevationburger.com.About FAT (Fresh. Authentic. Tasty.) Brands FAT Brands (NASDAQ: FAT) is a leading global franchising company that strategically acquires, markets and develops fast casual and casual dining restaurant concepts around the world. The Company currently owns eight restaurant brands: Fatburger, Buffalo’s Cafe, Buffalo’s Express, Hurricane Grill & Wings, Elevation Burger, Yalla Mediterranean and Ponderosa and Bonanza Steakhouses, and franchises over 375 units worldwide. For more information, please visit www.fatbrands.com.MEDIA CONTACT: Gabriella Daidone, JConnelly gdaidone@jconnelly.com 973-647-4177
07/16 21:12 EST - finance.yahoo.com
FAT Brands Inc. Announces Closing of Public Offering of Series B Preferred Stock and Warrants
FAT Brands Inc. (Nasdaq: FAT, FATBP, FATBW), today announced the closing of its previously announced underwritten public offering (the "Offering") of 360,000 shares of 8.25% Series B Cumulative Preferred Stock ("Series B Preferred Stock") and 1,899,000 warrant (the "Warrants") to each purchase one share of Common Stock at an exercise price of $5.00 per share, including 99,000 Warrants as a result of a partial exercise of the over-allotment option granted to the underwriter.
FAT Brands Inc. Announces Closing of Public Offering of Series B Preferred Stock and Warrants
FAT Brands Inc. (Nasdaq: FAT, FATBP, FATBW), today announced the closing of its previously announced underwritten public offering (the "Offering") of 360,000 shares of 8.25% Series B Cumulative Preferred Stock ("Series B Preferred Stock") and 1,899,000 warrant (the "Warrants") to each purchase one share of Common Stock at an exercise price of $5.00 per share, including 99,000 Warrants as a result of a partial exercise of the over-allotment option granted to the underwriter.