{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-24-047552","form_type":"8-K","ticker":"FATAQ","cik":"0001705012","company_name":"Fat Brands, Inc","filed_at":"2024-11-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:09.286926+00:00","generated_at":"2026-05-29T19:00:40.194195+00:00","sec_items":["1.01","1.02","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"FAT Brands completes $416.7M refinancing of Twin Peaks and Smokey Bones, creates Twin Hospitality for planned listing","bullets":["Issued $416,711,000 in Series 2024-1 fixed rate notes across four tranches with weighted average interest rate of 9.5% per annum.","Refinanced whole business securitization of Twin Peaks and Smokey Bones under new holding company Twin Hospitality Group Inc.","Twin Hospitality agreed to issue warrants for 5% of its Class A Common Stock to noteholders, exercisable at $0.01 per share.","FAT Brands modified its FBRH credit facility, pledged all Twin Hospitality Class A shares as collateral for existing debt.","Notes have anticipated repayment date of October 25, 2027, with legal final maturity October 26, 2054; additional interest if not repaid."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-24-047552","json":"https://secwatch.observer/filing/0001493152-24-047552.json","markdown":"https://secwatch.observer/filing/0001493152-24-047552.md","text":"https://secwatch.observer/filing/0001493152-24-047552.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1705012/000149315224047552/0001493152-24-047552-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1705012/000149315224047552/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-29T19:00:40.194195+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}