Kenneth Brimmer resigned as Director at BT Brands, Inc..
“Effective May 26, 2026, Kenneth Brimmer resigned from his positions as a member of the Board of Directors and Chief Financial Officer of BT Brands, Inc.”
BT Brands, Inc. — fact timeline
Source-grounded facts extracted from BT Brands, Inc.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.
Kenneth Brimmer resigned as Chief Financial Officer at BT Brands, Inc..
“Effective May 26, 2026, Kenneth Brimmer resigned from his positions as a member of the Board of Directors and Chief Financial Officer of BT Brands, Inc.”
BT Brands, Inc. terminated Merger Agreement with Aero Velocity Inc. (effective 2026-05-01).
“On May 1, 2026, the Company delivered written notice to Aero terminating the Merger Agreement pursuant to Section 7.1(b) thereof.”
BT Brands, Inc. reported fiscal year ended December 28, 2025 results: revenue $ 13,486,629, net income $ (687,839 ), EPS $ (0.11 ).
“BT BRANDS, INC. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF OPERATIONS (52 Weeks Ended) 52 Weeks Ended, 52 Weeks Ended, December 28, 2025 December 29, 2024 SALES $ 13,486,629 $ 14,823,472 COSTS AND EXPENSES Food and paper costs 4,494,449 5,605,579 Labor costs 5,111,097 6,128,574 Occupancy costs 1,282,049 1,403,204 Other operating expenses 878,125 962,287 Depreciation and amortization 648,704 742,860 Impairment of restaurant and right-of-use assets 215,000 371,872 General and administrative 1,464,021 1,691,404 Gain on sale of assets (242,231 ) (250,000 ) Total costs and expenses 13,851,214 16,655,780 Loss from operations (364,585 ) (1,832,308 ) Unrealized gain (loss) on marketable securities 128,822 (93,458 ) Realized gain on marketable securities 380,764 143,340 Interest and dividend income 148,666 178,279 Interest expense (81,621 ) (99,608 ) Related party impairments and other charges (520,718 ) - Other income (74,728 ) 13,930 Equity in loss of unconsolidated affiliate (304,439 ) (415”
BT Brands, Inc. received a nasdaq deficiency notice notice regarding shareholders (rules 5620(a)).
“January 14, 2026, BT Brands, Inc. (the “Company”) received written notice (the “Notice”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) indicating that the Company is not in compliance with Nasdaq Listing Rule 5620(a), due to the Company’s failure to hold an annual meeting of shareholders for the fiscal year ended December 31, 2024. The Notice is only a notification of deficiency, not of imminent delisting, and has no current effect on the listing or trading of the Company’s securities on the Nasdaq Capital Market. The Notice states that the Company has un”
Fred Croci was appointed as Director at BT Brands, Inc..
“On October 25, 2024, the board of directors appointed Fred Croci to serve as a member of the board of directors to fill the vacancy created by Mr. Schussler’s resignation.”
Steven W. Schussler resigned as Director at BT Brands, Inc..
“On October 24, 2024, Steven W. Schussler tendered his resignation as a member of the board of director of the Company and from the audit committee of the board of directors.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.