Source-grounded facts extracted from Fat Brands, Inc's SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.
Keshav Lall was appointed as interim Chief Executive Officer at Fat Brands, Inc.
“Effective April 29, 2026, the Company and TWNP each appointed Keshav Lall as its interim Chief Executive Officer, filling in for the former Chief Executive Officer who remains on a leave of absence pursuant to the Amended and Restated Stipulation and Agreed Order Regarding Mediated Agreement [Docket No. 472].”
Fat Brands, Inc incurred credit facility of combined aggregate principal amount of up to approximately $307.6 million with UMB Bank, N.A., as administrative agent and collateral agent at 12.0% per annum.
“multiple draw term loan facilities (each, a “ DIP Facility ” and together, the “ DIP Facilities ”) in a combined aggregate principal amount of up to approximately $307.6 million. The first facility, referred to as the FBG DIP Facility, provides for up to $184.6 million to the FBG DIP Borrowers, including approximately $46.1 million of new money term”
Fat Brands, Inc entered into DIP Credit Agreement with lenders from time to time party thereto, and UMB Bank, N.A., as administrative agent and collateral agent valued at approximately $307.6 million (effective 2026-03-25).
“The DIP Credit Agreement provides for two senior secured superpriority debtor-in-possession multiple draw term loan facilities (each, a “ DIP Facility ” and together, the “ DIP Facilities ”) in a combined aggregate principal amount of up to approximately $307.6 million.”
Fat Brands, Inc entered into Stipulation with Andrew Wiederhorn, an ad hoc group of certain holders of the Debtors’ securitization notes, Moelis & Company LLC, and the official committee of unsecured creditors (effective 2026-03-19).
“on March 19, 2026, the Debtors entered into that certain Amended and Restated Stipulation and Agreed Order Regarding Mediated Agreement (the “ Stipulation ”) by and among the Debtors, Andrew Wiederhorn (the “ Executive ”), an ad hoc group of certain holders of the Debtors’ securitization notes (the “ Ad Hoc Group ”), Moelis & Company LLC (“ Moelis ”), and the official committee of unsecured creditors in the Chapter 11 Cases (the “ Committee ”).”
Fat Brands, Inc received a nasdaq delisting notice notice regarding other (rules 5101, 5110(b), IM-5101-1).
“January 28, 2026, FAT Brands Inc. (the “ Company ”) received a letter (the “ Delisting Notice ”) from the Listing Qualifications Staff of The Nasdaq Stock Market LLC (“ Nasdaq ”) notifying the Company that the Staff had determined that the Company’s securities will be delisted from Nasdaq pursuant to Nasdaq Listing Rules 5101, 5110(b) and IM-5101-1. Pursuant to the Delisting Notice, Nasdaq’s determination was based on (i) the Company’s commencement of voluntary proceedings under Chapter 11 of the United States Bankruptcy Code on January 26, 2026 (the “ Chapter 11 Cases ”) and associated public”
Fat Brands, Inc faced acceleration on loan of $403 million with UMB Bank, National Association.
“approximately $403 million in aggregate outstanding amount of Twin Hospitality I, LLC’s Secured Notes”
Fat Brands, Inc faced acceleration on loan of $140 million with UMB Bank, National Association.
“approximately $140 million in aggregate outstanding amount of FAT Brands Fazoli’s Native I, LLC’s Secured Notes”
Fat Brands, Inc faced acceleration on loan of $410 million with UMB Bank, National Association.
“approximately $410 million in aggregate outstanding amount of FAT Brands GFG Royalty I, LLC’s Secured Notes”
Fat Brands, Inc faced acceleration on loan of $201 million with UMB Bank, National Association.
“approximately $201 million in aggregate outstanding amount of FAT Brands Royalty I, LLC’s Secured Notes”
Fat Brands, Inc faced acceleration on loan of $110 million with UMB Bank, National Association.
“The commencement of the Chapter 11 Cases constitutes an event of default under certain of the Debtors’ debt instruments, including, without limitation, the following: ● approximately $110 million in aggregate outstanding amount of FB Resid Holding I, LLC’s Secured Notes”
Fat Brands, Inc received a nasdaq deficiency notice notice regarding market value (rules 5550(b)(2), 5810(c)(3)(C)).
“January 8, 2026, FAT Brands Inc. (the “Company”) received separate written notices (each, a “Notice”) from the Listing Qualifications Staff of The Nasdaq Stock Market LLC (“Nasdaq”) that, for the period between November 20, 2025 and January 7, 2026: ● With respect to the Company’s Class A Common Stock (Nasdaq: FAT), the Company was not in compliance with the minimum bid price requirements set forth in Nasdaq Listing Rule 5550(a)(2) for continued listing on The Nasdaq Capital Market. Nasdaq Listing Rule 5550(a)(2) requires listed securities to maintain a minimum bid price of $1.00 per share”
Fat Brands, Inc received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2), 5810(c)(3)(A)).
“January 8, 2026, FAT Brands Inc. (the “Company”) received separate written notices (each, a “Notice”) from the Listing Qualifications Staff of The Nasdaq Stock Market LLC (“Nasdaq”) that, for the period between November 20, 2025 and January 7, 2026: ● With respect to the Company’s Class A Common Stock (Nasdaq: FAT), the Company was not in compliance with the minimum bid price requirements set forth in Nasdaq Listing Rule 5550(a)(2) for continued listing on The Nasdaq Capital Market. Nasdaq Listing Rule 5550(a)(2) requires listed securities to maintain a minimum bid price of $1.00 per share”
Fat Brands, Inc faced acceleration on senior notes of $158.9 million with UMB Bank, National Association.
“stating that an Event of Default had occurred pursuant to Section 9.2 of the FB Resid Indenture. The aggregate principal amount outstanding under the FB Resid Notes is $158.9 million, or $110.0 million net of FB Resid Notes retained by the Company, and the aggregate amount of accrued and unpaid interest under the FB Resid Notes through the date of this report”
Taylor Wiederhorn was appointed as Co-Chief Executive Officer at Fat Brands, Inc.
“and Taylor Wiederhorn was appointed Co-Chief Executive Officer of the Company.”
Robert Rosen departed as Co-Chief Executive Officer at Fat Brands, Inc.
“Effective April 29, 2025, Robert Rosen stepped down from his position as Co-Chief Executive Officer of FAT Brands Inc. (the “ Company ”)”
Fat Brands, Inc: Filing of Certificate of Amendment to Second Amended and Restated Certificate of Incorporation to allow for exculpation of officers (effective 2024-12-26).
“On December 26, 2024, following the affirmative vote of the stockholders in favor of Proposal No. 2 at the 2024 Annual Meeting of Stockholders of FAT Brands Inc. (the “ Company ”), the Company filed a Certificate of Amendment to its Second Amended and Restated Certificate of Incorporation to allow for the exculpation of its officers as permitted under the Delaware General Corporation Law.”
Fat Brands, Inc reported fiscal first quarter ended March 31, 2024 results: net income Net loss of $38.3 million, EPS $2.37 per diluted share.
“Total revenue improved 43.8% to $152.0 million compared to $105.7 million in the fiscal first quarter of 2023”
Fat Brands, Inc reported fiscal year ended December 31, 2023 results: revenue $480.5 million, net income Net loss of $90.1 million, or $5.85 per diluted share.
“Total revenue increased 18.0% to $480.5 million compared to $407.2 million in fiscal 2022”
Fat Brands, Inc reported fiscal fourth quarter 2023 results: revenue $158.6 million, net income Net loss of $26.2 million, or $1.68 per diluted share.
“total revenue improved 52.8% to $158.6 million”
Fat Brands, Inc reported the fourteen-week and fifty-three week periods ended December 31, 2023 results: revenue $158.6 million, net income Net loss of $26.2 million, or $1.68 per diluted share.
“strengths position us for continued growth in the future, which will help deleverage our balance sheet.” Fiscal Fourth Quarter 2023 Highlights • Total revenue improved 52.8% to $158.6 million compared to $103.8 million in the fourth quarter of 2022 ◦ System-wide sales growth of 16.5% in the fiscal fourth quarter of 2023 compared to the prior year fiscal quarter ◦”
Fat Brands, Inc shareholders approved Ratification of Appointment of Independent Registered Public Accounting Firm at the 2023-12-14 meeting.
“Ratification of Appointment of Independent Registered Public Accounting Firm. The proposal to ratify the selection of Macias Gini & O’Connell, LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023 was approved. The votes regarding this proposal were as follows: For Against Abstained Broker Non-Votes 2,096,040,426 13,226,548 489,223 N/A”
Fat Brands, Inc shareholders approved Advisory Vote on the Compensation of Named Executive Officers at the 2023-12-14 meeting.
“Advisory Vote on the Compensation of Named Executive Officers. The proposal to approve, on a non-binding advisory basis, the compensation of the Company’s named executive officers was approved. The votes regarding this proposal were as follows: For Against Abstained Broker Non-Votes 1,742,731,549 120,440,884 5,274,423 241,309,341”
Fat Brands, Inc shareholders approved Amendment and Restatement of the Company’s 2017 Omnibus Equity Incentive Plan at the 2023-12-14 meeting.
“Amendment and Restatement of the Company’s 2017 Omnibus Equity Incentive Plan. The proposal to approve an amendment and restatement of the Company’s 2017 Omnibus Equity Incentive Plan (the “Plan”) was approved. The votes regarding this proposal were as follows: For Against Abstained Broker Non-Votes 1,759,415,962 107,881,459 1,151,414 241,307,361”
Fat Brands, Inc shareholders approved Election of 14 nominees for director to hold office until the 2024 Annual Meeting at the 2023-12-14 meeting.
“Election of Directors. Stockholders elected 14 nominees for director to the Company’s Board of Directors to hold office until the 2024 Annual Meeting of Stockholders and until their respective successors have been duly elected and qualified. The votes regarding this proposal were as follows: Name of Nominee For Withheld Broker Non-Votes John S. Allen 1,863,001,370 5,447,487 241,307,339 Donald J. Berchtold 1,692,523,130 175,925,727 241,307,339 Tyler B. Child 1,686,088,274 182,360,584 241,307,339 Lynne L. Collier 1,696,641,350 171,807,508 241,307,339 Mark Elenowitz 1,819,982,608 48,466,230 241,307,339 James G. Ellis 1,863,593,456 4,855,401 241,307,339 Peter R. Feinstein 1,863,566,299 4,882,538 241,307,339 Matthew H. Green 1,862,777,659 5,671,199 241,307,339 John C. Metz 1,715,131,424 153,317,414 241,307,339 Carmen Vidal 1,697,540,968 170,907,889 241,307,339 Andrew A. Wiederhorn 1,690,647,333 177,801,525 241,307,339 Mason A. Wiederhorn 1,690,673,079 177,775,779 241,307,339 Taylor A. Wiede”
Fat Brands, Inc reported the fiscal third quarter ended September 24, 2023 results: revenue $109.4 million, net income Net loss of $24.7 million, or $1.59 per diluted share, EPS $1.59 per diluted share.
“strengths position us for continued growth in the future, which will help deleverage our balance sheet.” Fiscal Third Quarter 2023 Highlights • Total revenue improved 6.0% to $109.4 million compared to $103.2 million in the fiscal third quarter of 2022 ◦ System-wide sales growth of 0.8% in the fiscal third quarter of 2023 compared to the prior year fiscal quarter ◦”
Fat Brands, Inc entered into Stock Purchase Agreement with Barbeque Holding, LLC valued at $30,000,000 (effective 2023-09-25).
“On September 25, 2023, FAT Brands Inc. (the “ Company ”) acquired the Smokey Bones Bar & Fire Grill restaurant chain (“ Smokey Bones ”) from Barbeque Holding, LLC (the “ Seller ”), an affiliate of Sun Capital Partners, Inc., pursuant to a Stock Purchase Agreement (the “ Purchase Agreement ”) dated September 25, 2023.”
John S. Allen was appointed as Director at Fat Brands, Inc.
“appointed two new independent directors to fill the vacancies on the Board”
James G. Ellis was appointed as Director at Fat Brands, Inc.
“appointed two new independent directors to fill the vacancies on the Board”
Fat Brands, Inc reported fiscal second quarter ended June 25, 2023 results: revenue $106.8 million, net income Net loss of $7.1 million, EPS $0.53 per diluted share.
“pipeline will fuel organic growth for many years to come and will naturally deleverage our balance sheet.” Fiscal Second Quarter 2023 Highlights • Total revenue improved 4% to $106.8 million compared to $102.8 million in the fiscal second quarter of 2022 ◦ System-wide sales growth of 1.7% in the fiscal second quarter of 2023 compared to the prior year fiscal quarter”
Matthew H. Green was appointed as Director at Fat Brands, Inc.
“Effective July 25, 2023, the Board of Directors (the “Board”) of FAT Brands Inc. (the “Company”) increased the size of the Board from eleven to twelve persons and appointed two new independent directors to fill the vacancies on the Board for a term expiring at the Company’s 2023 Annual Meeting of Stockholders.”
Peter R. Feinstein was appointed as Director at Fat Brands, Inc.
“Effective July 25, 2023, the Board of Directors (the “Board”) of FAT Brands Inc. (the “Company”) increased the size of the Board from eleven to twelve persons and appointed two new independent directors to fill the vacancies on the Board for a term expiring at the Company’s 2023 Annual Meeting of Stockholders.”
Andrew A. Wiederhorn resigned as Chief Executive Officer at Fat Brands, Inc.
“As previously announced, Andrew A. Wiederhorn resigned as Chief Executive Officer of FAT Brands Inc. (the “ Company ”) effective as of May 5, 2023”
John C. Metz was appointed as Director at Fat Brands, Inc.
“On July 11, 2023, the Board of Directors (the “Board”) of FAT Brands Inc. (the “Company”) increased the size of the Board from ten to eleven persons, and appointed John C. Metz to fill the vacancy on the Board with a term expiring at the Company’s 2023 Annual Meeting of Stockholders.”
Fat Brands, Inc engaged Macias Gini & O’Connell, LLP as its auditor.
“Effective as of June 27, 2023, (the “ Effective Date ”), FAT Brands Inc. (the “ Company ”) engaged Macias Gini & O’Connell, LLP (“ MGO ”) to serve as the Company’s new independent registered public accounting firm effective as of the same date.”
Kenneth Kepp departed as Director at Fat Brands, Inc.
“The Board of Directors of FAT Brands Inc. (the “Company”) is deeply saddened to report that Kenneth Kepp, a Director of the Company, passed away unexpectedly on June 13, 2023.”
Robert Rosen was appointed as Co-Chief Executive Officer at Fat Brands, Inc.
“Kenneth Kuick and Robert Rosen, who began serving as Co-Chief Executive Officers ("Co-CEO's") of the Company on May 5, 2023.”
Kenneth Kuick was appointed as Co-Chief Executive Officer at Fat Brands, Inc.
“Kenneth Kuick and Robert Rosen, who began serving as Co-Chief Executive Officers ("Co-CEO's") of the Company on May 5, 2023.”
Andrew Wiederhorn resigned as Chief Executive Officer at Fat Brands, Inc.
“Andrew Wiederhorn resigned as Chief Executive Officer of the Company with an effective date of May 5, 2023, and became an outside consultant and strategic advisor to the Company on such date.”
Fat Brands, Inc reported the fiscal first quarter ended March 26, 2023 results: revenue $105.7 million, net income Net loss of $32.1 million, EPS $1.95 per diluted share.
“to our portfolio make-up and debt management, all while providing shareholders with a consistent dividend.” Fiscal First Quarter 2023 Highlights • Total revenue improved 8.5% to $105.7 million compared to $97.4 million in the fiscal first quarter of 2022 ◦ System-wide sales growth of 9.9% in the fiscal first quarter of 2023 compared to the prior year fiscal quarter ◦”
Fat Brands, Inc: Amendment to Article IV and conforming changes to Articles III and IV to allow more than one CEO appointed by the Board (effective 2023-05-02).
“On May 2, 2023, the Board of Directors of FAT Brands Inc. (the “Company”) approved an amendment to Article IV of the Company’s Bylaws to allow for more than one Chief Executive Officer appointed by the Board, and various conforming changes in the references to the office of Chief Executive Officer or President in Article III and Article IV of the Bylaws.”
Robert Rosen was appointed as Co-Chief Executive Officer at Fat Brands, Inc.
“appointed Kenneth Kuick, age 54, and Robert Rosen, age 56, as Co-Chief Executive Officers (“Co-CEO’s”) of the Company, effective May 5, 2023”
Kenneth Kuick was appointed as Co-Chief Executive Officer at Fat Brands, Inc.
“appointed Kenneth Kuick, age 54, and Robert Rosen, age 56, as Co-Chief Executive Officers (“Co-CEO’s”) of the Company, effective May 5, 2023”
Andrew Wiederhorn resigned as Chief Executive Officer at Fat Brands, Inc.
“Andrew Wiederhorn, who resigned as Chief Executive Officer effective May 5, 2023.”
Baker Tilly US, LLP resigned as auditor of Fat Brands, Inc.
“On April 18, 2023, Baker Tilly US, LLP (“Baker Tilly”) informed FAT Brands Inc. (the “Company”) that Baker Tilly would not stand for re-election as the Company’s certifying accountant for the Company’s fiscal year ended December 31, 2023.”
Edward Rensi was appointed as Director at Fat Brands, Inc.
“Edward Rensi was also re-appointed but subsequently decided not to re-join the Board.”
Mark Elenowitz was appointed as Director at Fat Brands, Inc.
“on April 1, 2023, Mark Elenowitz was appointed as a director on the Board.”
Lynne Collier was appointed as Director at Fat Brands, Inc.
“on March 29, 2023, Lynne Collier was re-appointed as a director on the Board”
Thayer Wiederhorn was appointed as Director at Fat Brands, Inc.
“appointed the following individuals to fill vacancies on the Board: Donald Berchtold, Tyler Child, Kenneth Kepp, Carmen Vidal, Mason Wiederhorn, Taylor Wiederhorn and Thayer Wiederhorn.”
Taylor Wiederhorn was appointed as Director at Fat Brands, Inc.
“appointed the following individuals to fill vacancies on the Board: Donald Berchtold, Tyler Child, Kenneth Kepp, Carmen Vidal, Mason Wiederhorn, Taylor Wiederhorn and Thayer Wiederhorn.”
Mason Wiederhorn was appointed as Director at Fat Brands, Inc.
“appointed the following individuals to fill vacancies on the Board: Donald Berchtold, Tyler Child, Kenneth Kepp, Carmen Vidal, Mason Wiederhorn, Taylor Wiederhorn and Thayer Wiederhorn.”
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.