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

Issuer:     Fat Brands, Inc (FATAQ)
CIK:        0001705012
Form:       8-K
Filed at:   2025-01-07T23:59:59+00:00
Accession:  0001493152-25-001253
Event type: other
Sentiment:  neutral
Materiality: 0.10
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

FAT Brands reports 2024 dividends 100% return of capital; warrant exercise price adjusted to $2.2142
--------------------------------------------------------------------------------

- All 2024 quarterly dividends on Class A and Class B common stock ($0.14 per share each) classified as 100% return of capital.
- Monthly dividends on Series B Preferred ($0.171875 per share) also 100% return of capital; total $2.0625 per share for 2024.
- Warrant exercise price reduced from $5.00 to $2.2142 per share over four adjustments tied to dividend payments.
- No ordinary income or capital gain portion reported for any dividend in the fiscal year.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1705012/000149315225001253/0001493152-25-001253-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1705012/000149315225001253/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-25-001253

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