{"schema_version":"secwatch.filing_event.v1","accession":"0001641172-25-002598","form_type":"8-K","ticker":"FATAQ","cik":"0001705012","company_name":"Fat Brands, Inc","filed_at":"2025-04-03T23:59:59+00:00","discovered_at":"2026-05-14T18:02:49.404835+00:00","generated_at":"2026-05-23T22:40:20.061920+00:00","sec_items":["1.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"confidence":"high","headline":"FAT Brands amends Fazoli's securitization, extends call and repayment dates to 2025-2026","bullets":["Anticipated Call Date extended from July 2023 to October 2025; 1.0% extra interest if not repaid.","Anticipated Repayment Date of Class A-2 Notes extended from Jan 2025 to July 2026; 2.5% extra interest triggers.","Financial covenants (debt service coverage, leverage) relaxed or deferred to 2026 to avoid rapid amortization or default.","Amendment permits refranchising of corporate-owned Fazoli's by allowing disposition of negative cash flow leases.","Controlling Class Members now have right to instruct Controlling Class Representative under the Amendment Documents."],"urls":{"canonical":"https://secwatch.observer/filing/0001641172-25-002598","json":"https://secwatch.observer/filing/0001641172-25-002598.json","markdown":"https://secwatch.observer/filing/0001641172-25-002598.md","text":"https://secwatch.observer/filing/0001641172-25-002598.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1705012/000164117225002598/0001641172-25-002598-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1705012/000164117225002598/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-23T22:40:20.061920+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"}