Core Points - FAT Brands Inc. is involved in derivative lawsuits concerning alleged breaches of fiduciary duties by its former Board members and controlling stockholders [5][10][19] - A proposed settlement has been reached, which includes a cash payment and corporate governance reforms [30][31][42] Group 1: Background of the Actions - The lawsuits were initiated by stockholders James Harris and the Estate of Adam Christopher Vignola against former Board members and controlling stockholders of FAT [5][10] - The allegations include misuse of corporate assets and unfair transactions, particularly related to a merger with Fog Cutter Capital Group and a recapitalization transaction [9][19][43] Group 2: Settlement Details - The settlement includes a cash payment of $10 million and the surrender of 200,000 shares of Twin Hospitality Group, Inc. Class A Common stock to FAT [30][31] - Corporate governance reforms will be implemented, including the establishment of a Related Party Transactions Committee and amendments to the Corporate Governance Guidelines [31][33] Group 3: Legal Proceedings - The Court has scheduled a Settlement Hearing for December 17, 2025, to consider the fairness and adequacy of the proposed settlement [46] - The settlement aims to resolve ongoing litigation and provide benefits directly to FAT and its stockholders [29][42]

Core Insights - Hot Dog on a Stick, owned by FAT Brands Inc., is opening a new location in Sacramento at Downtown Commons (DOCO) [2][3] - The brand has been serving its signature products, including hand-stomped lemonade and hot dogs on a stick, for over 70 years [3][6] - The new location will be situated at 414 K Street 210, Sacramento, CA, and will celebrate its opening with a ribbon-cutting ceremony on October 3 [4] Company Overview - FAT Brands is a global franchising company that owns 17 restaurant brands and operates over 2,300 units worldwide [5] - The company focuses on acquiring, marketing, and developing various dining concepts, including fast casual and quick-service restaurants [5] Brand History - Hot Dog on a Stick was established in 1946 in Santa Monica, California, and has grown to approximately 50 locations across the U.S. [3][6] - The brand is recognized for its unique customer service experience and iconic striped uniforms [6] Location Details - The new Sacramento location is part of DOCO, an entertainment and lifestyle district that features retail, dining, and residential options [7] - DOCO is located adjacent to the Golden 1 Center, enhancing its appeal as a dining destination [7]

Core Insights - FAT Brands Inc. has opened a new Round Table Pizza location in Las Vegas, NV, to meet the growing demand for quality dining options in the area [1][2] - The new location is part of Round Table Pizza's expansion strategy across Nevada and the western U.S., now boasting three locations in Las Vegas [2] - Round Table Pizza is known for its high-quality ingredients and exceptional guest experience, contributing to its reputation as "Pizza Royalty" [3][5] Company Overview - FAT Brands is a global franchising company that owns and operates 18 restaurant brands, including Round Table Pizza, and has over 2,300 units worldwide [4] - Round Table Pizza has been in operation since 1959 and emphasizes quality and authenticity in its offerings, with approximately 400 restaurants globally [5] Promotional Activities - To celebrate the grand opening of the new Las Vegas location, Round Table Pizza will offer 25 free personal pizzas to the first 25 guests and a 25% discount on all pizzas throughout the day [2]

Core Insights - FAT Brands Inc. has opened its first co-branded Fatburger and Buffalo's Express location in Oklahoma, specifically at the Arbuckle Travel Center in Springer, OK, offering a unique dining experience with both burger and chicken wing options [1][3]. Company Overview - FAT Brands is a leading global franchising company that owns and operates 18 restaurant brands, including Fatburger and Buffalo's Express, and has over 2,300 units worldwide [4]. - Fatburger is recognized for its customizable, grilled-to-order burgers and has a legacy of over 70 years, appealing to a loyal customer base that includes celebrities [5]. - Buffalo's Express, founded in 1985, is known for its chicken wings and proprietary sauces, and has successfully co-branded with over 100 Fatburger locations [6]. Market Strategy - The co-branded locations of Fatburger and Buffalo's Express have shown strong performance across the country, indicating a successful market strategy that combines popular menu items to attract both travelers and locals [3]. - The opening celebration included a promotional offer of free fries with any purchase, aimed at driving initial customer traffic to the new location [3].

Core Insights - FAT Brands Inc. has opened its first co-branded Fatburger and Buffalo's Express location in Oklahoma at the Arbuckle Travel Center in Springer, marking a significant expansion into the state [1][3] - The new location will feature Fatburger's custom-built burgers and Buffalo's Express chicken wings, catering to both travelers and locals [1][3] - To celebrate the opening, the restaurant offered free fries with any purchase on the launch day [3] Company Overview - FAT Brands is a global franchising company that owns and operates 18 restaurant brands, including Fatburger and Buffalo's Express, with over 2,300 units worldwide [4] - Fatburger is known for its customizable burgers and has a legacy of over 70 years, appealing to a loyal customer base that includes celebrities [5] - Buffalo's Express specializes in chicken wings and has co-branded with over 100 Fatburger locations, contributing to its growth and popularity [6]

Core Insights - FAT Brands Inc. continues to expand its international footprint with Johnny Rockets, opening seven new locations in Iraq, Chile, United Arab Emirates, Mexico, and Brazil in 2025 [1][2][3] Expansion Details - The new Johnny Rockets locations include two in Baghdad, Iraq, one in Antofagasta, Chile, one in Cancun, Mexico, one in Dubai, UAE, one in Mexico City, and one in Sao Paolo, Brazil [2][3] - The brand has over 100 locations across these international markets, indicating strong demand and validation of its franchise system [3] Company Background - FAT Brands is a leading global franchising company that owns 18 restaurant brands and operates over 2,300 units worldwide [5] - Johnny Rockets, founded in 1986, is known for its gourmet burgers and hand-spun shakes, with over 250 locations in more than 25 countries [6]

Core Insights - FAT Brands Inc. has opened a new co-branded location of Great American Cookies and Marble Slab Creamery in Maryville, TN, marking an expansion in the Knoxville area and Tennessee [2][3] Company Overview - FAT Brands is a global franchising company that owns and operates 18 restaurant brands, including Great American Cookies and Marble Slab Creamery, with over 2,300 units worldwide [6] - Great American Cookies, founded in 1977, is known for its Original Cookie Cake and a variety of baked goods, with more than 400 locations domestically and internationally [7] - Marble Slab Creamery has been innovating in the ice cream sector since 1983, offering homemade, small-batch ice cream and a unique frozen slab technique [8] Location Details - The new store is located at 308 Cates Street, Maryville, TN 37801, and operates Monday through Thursday from 11:00 a.m. to 10:00 p.m., Friday and Saturday from 11:00 a.m. to 11:00 p.m., and Sunday from 12:00 p.m. to 6:00 p.m. [4]

Group 1 - FAT Brands, a brand restaurant chain operator, experienced a 3.9% decline in early trading on Thursday [1] - The company is working with advisors to restructure its $1.2 billion debt [1] - FAT Brands is considering a comprehensive business securitization strategy, similar to approaches taken by other industry players like Wendy's and Domino's Pizza [1]

Core Insights - FAT Brands Inc. is set to open four Fatburger locations in Okinawa, Japan over the next five years, with the first opening anticipated by the end of 2025 [1][2] - The strategic decision to enter Okinawa is driven by its strong tourism and consistent foot traffic from military bases, indicating a targeted approach to market entry [2] Company Overview - FAT Brands is a global franchising company that owns and operates 18 restaurant brands, including Fatburger, and has over 2,300 units worldwide [4] - The company focuses on acquiring, marketing, and developing various dining concepts, ranging from fast casual to polished casual dining [4] Product Offering - Fatburger is known for its customizable burgers, which can include a wide range of toppings beyond the standard options, as well as a diverse menu featuring fries, onion rings, and hand-scooped milkshakes [2][5] - The brand has a legacy of over 70 years, emphasizing quality and customer satisfaction, which has garnered a loyal customer base [5]

FAT Brands (NASDAQ:FAT) is reportedly working with creditors to restructure its $1.2B in debt, according to sources cited by Bloomberg, working privately with advisors while its creditors take advice from investment bank Houlihan Lokey. The discussions are in an ...