BT Brands enters ATM equity distribution agreement with Maxim Group for up to $3M

BT Brands, Inc.

Company entered into Equity Distribution Agreement with Maxim Group LLC for ATM offering of common stock.
Maximum aggregate sales proceeds under the offering are up to $3,005,000.
Maxim will receive a commission of 3.0% of gross proceeds from each sale.
Registration statement filed Dec 13, 2024, not yet effective; no sales until declared effective by SEC.
Company has no obligation to sell shares and may suspend or terminate the agreement at any time.

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