secwatch.observer — SEC 8-K summary
======================================

Issuer:     Fat Brands, Inc (FATAQ)
CIK:        0001705012
Form:       8-K
Filed at:   2022-11-14T23:59:59+00:00
Accession:  0001493152-22-031583
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

FAT Brands enters ATM equity facility for up to $21.4M in Class A Common and Series B Preferred
--------------------------------------------------------------------------------

- Entered into ATM Sales Agreement with ThinkEquity to sell up to $21,435,000 of Class A Common Stock and/or 8.25% Series B Cumulative Preferred Stock
- Sales will be made at-the-market; Agent receives 3.0% commission on gross proceeds
- Company not obligated to sell any shares; may terminate agreement with 10 days' notice
- Offering registered under existing S-3 shelf (File No. 333-261365), effective Feb 8, 2022; prospectus supplement filed Nov 14, 2022
- No financial impact disclosed; capital raising for general corporate purposes implied

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1705012/000149315222031583/0001493152-22-031583-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1705012/000149315222031583/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-22-031583

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