{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-23-033624","form_type":"8-K","ticker":"FATAQ","cik":"0001705012","company_name":"Fat Brands, Inc","filed_at":"2023-09-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:34.923327+00:00","generated_at":"2026-06-10T08:43:51.574118+00:00","sec_items":["1.01","7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"FAT Brands acquires Smokey Bones for $30M cash; expects ~$10M annual adjusted EBITDA increase","bullets":["Acquired Smokey Bones Bar & Fire Grill (61 locations) from Sun Capital affiliate for $30M cash on Sept 25, 2023.","Purchase funded from existing securitization facilities; deal expected to add ~$10M to annual adjusted EBITDA.","Expands polished dining segment alongside Twin Peaks; first barbecue brand in FAT Brands' 17-concept portfolio.","Financial statements and pro forma information to be filed as an amendment within 71 days."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-23-033624","json":"https://secwatch.observer/filing/0001493152-23-033624.json","markdown":"https://secwatch.observer/filing/0001493152-23-033624.md","text":"https://secwatch.observer/filing/0001493152-23-033624.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1705012/000149315223033624/0001493152-23-033624-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1705012/000149315223033624/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-10T08:43:51.574118+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":"cfef939fc929d34d54d6c7c566183472c0411630","claim":"Fat Brands, Inc entered into Stock Purchase Agreement with Barbeque Holding, LLC valued at $30,000,000 (effective 2023-09-25).","evidence_excerpt":"On September 25, 2023, FAT Brands Inc. (the “ Company ”) acquired the Smokey Bones Bar & Fire Grill restaurant chain (“ Smokey Bones ”) from Barbeque Holding, LLC (the “ Seller ”), an affiliate of Sun Capital Partners, Inc., pursuant to a Stock Purchase Agreement (the “ Purchase Agreement ”) dated September 25, 2023.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1705012/000149315223033624/0001493152-23-033624-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"asset purchase"},{"label":"Counterparty","value":"Barbeque Holding, LLC"},{"label":"Value","value":"$30,000,000"},{"label":"Effective","value":"2023-09-25"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}