{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-21-029842","form_type":"8-K","ticker":"FATAQ","cik":"0001705012","company_name":"Fat Brands, Inc","filed_at":"2021-11-24T23:59:59+00:00","discovered_at":"2026-05-14T18:04:13.759181+00:00","generated_at":"2026-06-28T05:30:32.508118+00:00","sec_items":["1.01","5.02","7.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"FAT Brands agrees to acquire Native Grill & Wings for $20M; new CEO employment and COO promotion","bullets":["Acquisition of Native Grill & Wings for $20M cash, expected close mid-December 2021.","Deal to be funded by new notes from securitization facilities; adds ~$3M normalized EBITDA in 2022.","CEO Andrew Wiederhorn new employment agreement: $750k base salary, bonus up to 300% of base.","Thayer Wiederhorn promoted to COO effective Nov 18, 2021; previously Chief Marketing Officer.","Native Grill & Wings has 23 franchised locations; FAT Brands now has over 2,300 units globally."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-21-029842","json":"https://secwatch.observer/filing/0001493152-21-029842.json","markdown":"https://secwatch.observer/filing/0001493152-21-029842.md","text":"https://secwatch.observer/filing/0001493152-21-029842.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1705012/000149315221029842/0001493152-21-029842-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1705012/000149315221029842/form8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-28T05:30:32.508118+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"53242c9567","claim":"Thayer D. Wiederhorn changed role as Chief Operating Officer at Fat Brands, Inc.","evidence_excerpt":"On November 18, 2021, the Company promoted Thayer D. Wiederhorn to Chief Operating Officer of the Company, effective immediately.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1705012/000149315221029842/0001493152-21-029842-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"promoted"},{"label":"Role","value":"Chief Operating Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}