{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-26-013636","form_type":"8-K","ticker":"FATAQ","cik":"0001705012","company_name":"Fat Brands, Inc","filed_at":"2026-03-30T23:59:59+00:00","discovered_at":"2026-05-14T18:02:35.949047+00:00","generated_at":"2026-05-15T08:24:21.536133+00:00","sec_items":["1.01","2.03","5.02","9.01"],"event_type":"leadership","sentiment":"negative","materiality_score":0.9,"confidence":"high","headline":"FAT Brands CEO Andrew Wiederhorn takes leave; board cut to 2; DIP financing of $307.6M secured","bullets":["Andrew Wiederhorn (CEO/Chairman) takes temporary leave; family members Thayer, Taylor, Mason Wiederhorn terminated as officers.","Board reduced from 15 to 2; all directors except Patrick Bartels and Neal Goldman resigned.","DIP Credit Agreement provides up to $307.6M (12% p.a., maturity May 8, 2026) to fund operations and sale process.","Up to $5M in governance payments to Andrew Wiederhorn from DIP facility; employment agreements terminated.","Moelis & Co. withdraws retention; Ad Hoc group withdraws motions for trustee and suspension."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-26-013636","json":"https://secwatch.observer/filing/0001493152-26-013636.json","markdown":"https://secwatch.observer/filing/0001493152-26-013636.md","text":"https://secwatch.observer/filing/0001493152-26-013636.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1705012/000149315226013636/0001493152-26-013636-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1705012/000149315226013636/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T08:24:21.536133+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"}