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FAT Brands, Inc. Amendment No. 2 to a Schedule 13G/A reports that Muhammad Asif Seemab has sold his entire position in the issuer's Class A Common Stock and Series B Cumulative Preferred Stock. The amendment restates prior filings and records the reporting person’s ownership as zero as of the filing date.
FAT Brands, Inc. Amendment No. 2 to a Schedule 13G/A reports that Muhammad Asif Seemab has sold his entire position in the issuer's Class A Common Stock and Series B Cumulative Preferred Stock. The amendment restates prior filings and records the reporting person’s ownership as zero as of the filing date.
Fat Brands, Inc. notifies that certain classes of its securities have been removed from listing and/or registration on the Nasdaq Stock Market LLC.
The Form 25 filing names Common Stock, Class B Common Stock and 8.25% Series B Cumulative Preferred Stock as the affected classes and cites compliance with 17 CFR 240.12d2-2.
Fat Brands, Inc. notifies that certain classes of its securities have been removed from listing and/or registration on the Nasdaq Stock Market LLC.
The Form 25 filing names Common Stock, Class B Common Stock and 8.25% Series B Cumulative Preferred Stock as the affected classes and cites compliance with 17 CFR 240.12d2-2.
FAT Brands Inc. and subsidiary Twin Hospitality Group Inc., which are in voluntary chapter 11 proceedings, appointed Keshav Lall as interim Chief Executive Officer effective April 29, 2026. He also became interim CEO of certain other direct and indirect subsidiaries.
Lall is a founding partner at advisory firm Uzzi & Lall and has extensive restructuring experience, including prior roles as Chief Restructuring Officer for multiple debtors. His services are provided under an Engagement Letter between FAT Brands and Uzzi & Lall dated April 26, 2026, which grants Uzzi & Lall compensation of $100,000 per month. The filing notes no family relationships or related-party transactions requiring disclosure.
FAT Brands Inc. and subsidiary Twin Hospitality Group Inc., which are in voluntary chapter 11 proceedings, appointed Keshav Lall as interim Chief Executive Officer effective April 29, 2026. He also became interim CEO of certain other direct and indirect subsidiaries.
Lall is a founding partner at advisory firm Uzzi & Lall and has extensive restructuring experience, including prior roles as Chief Restructuring Officer for multiple debtors. His services are provided under an Engagement Letter between FAT Brands and Uzzi & Lall dated April 26, 2026, which grants Uzzi & Lall compensation of $100,000 per month. The filing notes no family relationships or related-party transactions requiring disclosure.
FAT Brands Inc. and Twin Hospitality Group Inc. detail major restructuring steps taken during ongoing chapter 11 proceedings. The companies entered an amended stipulation that sends Executive Andrew Wiederhorn on a temporary leave, terminates his existing employment agreements and provides for up to $5.0 million in aggregate payments to him, funded through new debtor‑in‑possession (DIP) facilities.
The stipulation also ends the employment of three Wiederhorn family executives and reduces each board to two independent directors, Patrick Bartels and Neal Goldman, after the resignation of all other directors. Separately, the debtors executed a Debtor‑In‑Possession Credit Agreement providing two superpriority term loan DIP facilities with combined capacity of about $307.6 million at 12.0% interest, including both new money and roll‑up loans, to fund operations and a court‑supervised sale process while in chapter 11.
FAT Brands Inc. and Twin Hospitality Group Inc. detail major restructuring steps taken during ongoing chapter 11 proceedings. The companies entered an amended stipulation that sends Executive Andrew Wiederhorn on a temporary leave, terminates his existing employment agreements and provides for up to $5.0 million in aggregate payments to him, funded through new debtor‑in‑possession (DIP) facilities.
The stipulation also ends the employment of three Wiederhorn family executives and reduces each board to two independent directors, Patrick Bartels and Neal Goldman, after the resignation of all other directors. Separately, the debtors executed a Debtor‑In‑Possession Credit Agreement providing two superpriority term loan DIP facilities with combined capacity of about $307.6 million at 12.0% interest, including both new money and roll‑up loans, to fund operations and a court‑supervised sale process while in chapter 11.
Fat Brands, Inc. received an updated ownership report from HOT GFG LLC and Rachel Serruya on a Schedule 13G/A. This amendment reflects that HOT GFG sold shares of Class A common stock between February 21, 2024 and November 13, 2025, reducing its position to 5 percent or less of that class.
As of this amendment, HOT GFG states it beneficially owns no Class A common shares and holds 1,544,623 shares of the company’s Series B Cumulative Preferred Stock. The reporting persons certify the securities are not held for the purpose of changing or influencing control of Fat Brands.
Fat Brands, Inc. filed an initial insider ownership report for director Patrick J. Bartels Jr. on a Form 3. The filing states that no securities of Fat Brands, Inc. are beneficially owned by the reporting person, and no derivative securities are listed as held.