secwatch.observer — SEC 8-K summary
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Issuer:     BT Brands, Inc. (BTBD)
CIK:        0001718224
Form:       8-K/A
Filed at:   2022-07-27T23:59:59+00:00
Accession:  0001477932-22-005403
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.55
Item codes: 2.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

BT Brands completes acquisition of Pie in the Sky coffee shop and bakery
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- Acquisition of substantially all assets of Pie in the Sky, Inc. completed on May 11, 2022.
- Pie in the Sky's 2021 revenue: $1,981,954; net income: $1,438,023 (including $1,230,833 in grants).
- Total assets $1,824,780 and total equity $1,718,292 as of Dec 31, 2021.
- Qualified audit opinion: MACRS depreciation used; if GAAP straight-line applied, accumulated depreciation would decrease $18,168 and net income increase $7,022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1718224/000147793222005403/0001477932-22-005403-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1718224/000147793222005403/btbd_8ka.htm
  HTML page:      https://secwatch.observer/filing/0001477932-22-005403

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer