Fat Brands (NASDAQ: FAT) withdraws classes from Nasdaq listing
Filing Impact
Filing Sentiment
Form Type
25-NSE
Rhea-AI Filing Summary
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.
Positive
- None.
Negative
- None.
Key Figures
Commission File Number: 001-38250
Affected security classes: 3 classes
Document expiry date (header): March 31, 2018
+1 more
4 metrics
Commission File Number
001-38250
Form 25 cover information
Affected security classes
3 classes
Common Stock; Class B Common Stock; 8.25% Series B Cumulative Preferred Stock
Document expiry date (header)
March 31, 2018
Expires date shown in header
Issuer phone number
(310) 402-0601
Issuer principal executive office contact
Key Terms
Form 25, 17 CFR 240.12d2-2, withdrawal of registration
3 terms
Form 25 regulatory
"FORM 25 NOTIFICATION OF REMOVAL FROM LISTING AND/OR REGISTRATION"
A Form 25 is an official filing with the U.S. Securities and Exchange Commission used to remove a company's stock or other security from a national exchange list. Investors should care because delisting often means less visibility, lower trading volume and wider price swings—similar to a product moving from a major supermarket to a small local market, which can make buying, selling and valuing the security more difficult.
17 CFR 240.12d2-2 regulatory
"Pursuant to 17 CFR 240.12d2-2(b), the Exchange has complied with its rules"
A U.S. Securities and Exchange Commission rule that describes the conditions and procedural steps for a security to be removed from public registration or reporting under the Securities Exchange Act of 1934. For investors, it matters because it explains when a company’s shares can stop being subject to regular disclosure and exchange listing rules — similar to knowing when a publicly tracked product will be discontinued and no longer send updates, which affects transparency and liquidity.
withdrawal of registration regulatory
"voluntary withdrawal of the class of securities from listing and registration"
FAQ
What does the Form 25 from Fat Brands (FAT) mean?
It notifies removal of specified classes of Fat Brands securities from Nasdaq listing. The filing lists Common Stock, Class B Common Stock and 8.25% Series B Cumulative Preferred Stock and cites 17 CFR 240.12d2-2 compliance.
Which classes of Fat Brands securities were affected by the Nasdaq removal?
The filing lists three classes: Common Stock, Class B Common Stock and 8.25% Series B Cumulative Preferred Stock. The Form 25 identifies those classes as the securities being struck from listing/registration.
Who signed the Form 25 filing for Fat Brands (FAT)?
Nasdaq signed the notification on its behalf. The filing shows Aravind Menon as the Nasdaq official listed as "Hearings Advisor" signing the Form 25 on behalf of Nasdaq Stock Market LLC.
Does the Form 25 state whether the removal was voluntary or involuntary?
The filing cites compliance with both Exchange and issuer requirements under 17 CFR 240.12d2-2(b) and 240.12d2-2(c), indicating the Exchange and the issuer followed the rules governing withdrawal and striking of the classes.