Fat Brands removes securities from Nasdaq listing

Fat Brands, Inc. notifies that certain classes of its securities have been removed from listing and/or registration on the Nasdaq Stock Market LLC.

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.

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

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

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.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 05/14/2026 - 03:17 PM Learn about SEC filing dates

UNITED STATES

OMB APPROVAL

OMB Number:			3235-0080
Expires:	March 31, 2018
Estimated average burden
hours per response:			1.7

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 25

NOTIFICATION OF REMOVAL FROM LISTING AND/OR REGISTRATION
UNDER SECTION 12(b) OF THE SECURITIES EXCHANGE ACT OF 1934.

Commission File Number

001-38250

Issuer:	Fat Brands, Inc
Exchange:	Nasdaq Stock Market LLC

(Exact name of Issuer as specified in its charter, and name of Exchange where security is listed and/or registered)

Address:	9720 Wilshire Blvd., Suite 500
	Beverly Hills	CALIFORNIA	90212
Telephone number:					(310) 402-0601

(Address, including zip code, and telephone number, including area code, of Issuer's principal executive offices)

Common Stock, Class B Common Stock, 8.25% Series B Cumulative Preferred Stock

(Description of class of securities)

Please place an X in the box to designate the rule provision relied upon to strike the class of securities from listing and registration:

17 CFR 240.12d2-2(a)(1)

17 CFR 240.12d2-2(a)(2)

17 CFR 240.12d2-2(a)(3)

17 CFR 240.12d2-2(a)(4)

Pursuant to 17 CFR 240.12d2-2(b), the Exchange has complied with its rules to strike the class of securities from listing and/or withdraw registration on the Exchange. ¹

Pursuant to 17 CFR 240.12d2-2(c), the Issuer has complied with its rules of the Exchange and the requirements of 17 CFR 240.12d-2(c) governing the voluntary withdrawal of the class of securities from listing and registration on the Exchange.

Pursuant to the requirements fo the Securities Exchange Act of 1934, Nasdaq Stock Market LLC certifies that it has reasonable grounds to believe that it meets all of the requirements for filing the Form 25 and has caused this notification to be signed on its behalf by the undersigned duly authorized person.

2026-05-14	By	Aravind Menon		Hearings Advisor
Date		Name		Title

¹ Form 25 and attached Notice will be considered compliance with the provisions of 17 CFR 240.19d-1 as applicable. See General Instructions.

Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.