FAT Brands(US:FAT) Yahoo Finance·2025-12-05 21:09Core Viewpoint - Fat Brands is facing a significant financial crisis due to a cash crunch and demands from lenders for immediate loan repayment, which may lead to a bankruptcy filing [2][3]. Group 1: Financial Issues - Fat Brands has received a notice of acceleration from UMB Bank regarding fixed rate secured notes, indicating that the outstanding principal amount of $158.9 million is now due [4][5]. - The company has acknowledged an "Event of Default" related to its subsidiary FB Resid, which is part of the ongoing financial troubles [5][6]. - A previous default notice was sent to four other subsidiaries of Fat Brands, highlighting a broader issue within the company's financial structure [6]. Group 2: Company Background - Fat Brands owns several restaurant brands, including Johnny Rockets, Hot Dog On a Stick, and Fatburger, among others [2]. - The company had previously issued a going concern report to the SEC, indicating serious doubts about its ability to continue operations without restructuring [2].