---
schema_version: "secwatch.filing_event.v1"
accession: "0001477932-21-008512"
form_type: "8-K"
ticker: "BTBD"
cik: "0001718224"
company_name: "BT Brands, Inc."
filed_at: "2021-11-18T23:59:59+00:00"
generated_at: "2026-06-28T07:02:52.349080+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# BT Brands prices 2.4M-unit public offering at $5.00/unit; net proceeds ~$10.94M

## Summary
- Offering of 2.4M units, each consisting of one common share and one warrant exercisable at $5.50.
- Underwriters exercised over-allotment for 360,000 warrants; closing occurred November 16, 2021.
- Net proceeds of ~$10.94 million after underwriting discounts and before ~$375,000 estimated expenses.
- Common stock and warrants began trading on Nasdaq Capital Market under BTBD and BTBDW on November 12, 2021.
- Maxim Group and Joseph Gunnar acted as representatives for the underwriters.

## SEC filing metadata
- accession: 0001477932-21-008512
- form_type: 8-K
- ticker: BTBD
- cik: 0001718224
- company_name: BT Brands, Inc.
- filed_at: 2021-11-18T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1718224/000147793221008512/0001477932-21-008512-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1718224/000147793221008512/btbd_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001477932-21-008512
- JSON: https://secwatch.observer/filing/0001477932-21-008512.json
- Plain text: https://secwatch.observer/filing/0001477932-21-008512.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.