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FAT Brands Inc. 8.25% Series B Cumulative Preferred Stock - FATBP STOCK NEWS

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FAT Brands Inc. is a leading, global, multi-brand restaurant franchising company that strategically develops, markets, and acquires restaurant concepts worldwide. The company operates Fatburger, Buffalo’s Cafe, Buffalo's Express, and the Ponderosa & Bonanza Steakhouse concepts with over 300 locations worldwide. Their in-house support teams across various departments are dedicated to helping franchisees achieve entrepreneurial success. Through strategically aligned, complimentary restaurant concepts, franchisees have the opportunity for continued growth and brand diversification.

FAT Brands Inc. is a multi-brand restaurant franchising company that develops, markets, acquires, and manages various restaurant concepts globally. The company operates as a franchisor and generates revenue by charging franchisees fees and royalties. Brands include Round Table Pizza, Fatburger, Johnny Rockets, Twin Peaks, and Elevation Burger. Most revenue is generated from the United States.

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FAT Brands Inc, parent company of Fazoli’s, has announced two franchise agreements to open locations in Denton, Texas, and Shreveport, Louisiana by the end of 2023. These openings mark Fazoli's debut in the Dallas-Fort Worth area and Louisiana. The company is aiming for a record-breaking 15 new openings in 2023. Fazoli’s, known for its premium Italian cuisine, operates nearly 220 restaurants across 27 states and has received several industry accolades for its quality and safety standards.

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FAT Brands has opened a new tri-branded restaurant in Valley Village, Los Angeles, combining Fatburger, Buffalo’s Express, and Hot Dog on a Stick. This strategic move expands their co-branding model that has seen success since 2013. The location features a diverse menu including burgers, chicken wings, and hot dogs. Operating hours are from 10 a.m. to 11 p.m. daily. FAT Brands, which owns 17 restaurant brands, aims to provide customers with a unique dining experience.

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Great American Cookies, part of FAT Brands, is celebrating National Cookie Day on Dec. 4 with special rewards for loyalty members, including free cookies and buy one, get one free offers available until Dec. 11. The holiday season also brings a range of festive cookie options such as Mint Cookies & Cream and Red Velvet Stuffed Cookies. This initiative aims to enhance customer engagement and drive sales during the holiday period.

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Great American Cookies, part of FAT Brands, has partnered with The Lumistella Company to launch a limited-edition Elf on the Shelf Cookie Cake, available until December 24. This festive treat features choices like the Original Chocolate Chip Cookie and customizable icing. The introduction aligns with Scout Elf Return Week, starting November 24, marking the arrival of Scout Elves from the North Pole. Katie Thoms, marketing director, expressed excitement about celebrating the Elf tradition with this special cake.

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FAT Brands (NASDAQ: FAT) announced its participation in the 11th Annual Discovery One-on-One Investor Conference on December 1, 2022, hosted by the Benchmark Company at the New York Athletic Club. The event will facilitate one-on-one meetings with institutional investors, providing an opportunity to engage with emerging growth companies. FAT Brands, a global franchising leader, manages 17 restaurant brands, including Fatburger and Round Table Pizza, and operates over 2,300 units worldwide.

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FAT Brands announces the hiring of Jeremy Theisen as its first Chief Growth Officer, aiming to enhance the company's growth trajectory. Theisen brings over 20 years of experience in revenue generation within the restaurant sector, most notably increasing PathSpot's revenue by 15 times in two years. The decision aligns with FAT's strategy of expanding its franchise network and development pipeline. CEO Andy Wiederhorn emphasizes the company’s record-breaking growth and the importance of both acquisitions and organic development.

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FAT Brands Inc. (NASDAQ: FAT) will participate in the Sequire Virtual Restaurants & Foodservice Conference on Nov. 17, 2022. CEO Andy Wiederhorn is scheduled to present at 11:00 a.m. ET. The restaurant industry is projected to generate $898 billion in sales this year. This virtual event will feature numerous restaurant and foodservice companies, including 25-minute presentations and notable keynotes. FAT Brands owns and operates 17 restaurant brands, with over 2,300 units worldwide. For more details, visit www.fatbrands.com.

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FAT Brands Inc. (Nasdaq: FAT) has withdrawn its proposed registered public offering of Class A Common Stock due to unfavorable market conditions. CEO Andy Wiederhorn stated that while there was significant interest, the terms available were not attractive enough to proceed. The company will continue to monitor the market for future opportunities. FAT Brands operates 17 restaurant brands with over 2,300 units worldwide, emphasizing its focus on franchising and global expansion.

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FAT Brands Inc. (Nasdaq: FAT, FATBP, FATBW) announced its intention to conduct an underwritten public offering of Class A Common Stock, with all shares to be sold by the company. The offering will also include a 45-day option for underwriters to purchase an additional 15% of the shares for over-allotments. The offering is subject to market conditions, and details will be outlined in a preliminary prospectus supplement to be filed with the SEC. ThinkEquity is the sole book-running manager for this offering.

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FAQ

What is the current stock price of FAT Brands 8.25% Series B Cumulative Preferred Stock (FATBP)?

The current stock price of FAT Brands 8.25% Series B Cumulative Preferred Stock (FATBP) is $9.455 as of November 5, 2024.

How many brands does FAT Brands Inc. operate?

FAT Brands Inc. operates multiple brands including Fatburger, Buffalo’s Cafe, Buffalo's Express, and Ponderosa & Bonanza Steakhouse.

What is FAT Brands Inc.'s business model?

FAT Brands Inc. operates as a franchisor and generates revenue through franchise fees and royalties.

Where does FAT Brands Inc. generate the majority of its revenue?

The majority of FAT Brands Inc.'s revenue is generated from the United States.

What support does FAT Brands Inc. provide to its franchisees?

FAT Brands Inc. provides dedicated support across various departments including operations, construction, marketing, and training to help franchisees achieve success.

Which are some of the brands owned by FAT Brands Inc.?

FAT Brands Inc. owns brands such as Round Table Pizza, Johnny Rockets, Twin Peaks, and Elevation Burger.

How does FAT Brands Inc. help franchisees diversify their portfolio?

FAT Brands Inc. offers strategically aligned and complimentary restaurant concepts, providing franchisees with opportunities for growth and brand diversification.

What is the global reach of FAT Brands Inc.?

FAT Brands Inc. operates restaurant concepts worldwide with over 300 locations globally.

How can franchisees contact FAT Brands Inc. for support?

Franchisees can contact FAT Brands Inc. through their dedicated support teams across various departments.

What is the main focus of FAT Brands Inc.?

FAT Brands Inc. focuses on developing, marketing, and acquiring restaurant concepts globally.

Who should consider franchising with FAT Brands Inc.?

Entrepreneurs looking to venture into the restaurant industry and seeking support and growth opportunities should consider franchising with FAT Brands Inc.

FAT Brands Inc. 8.25% Series B Cumulative Preferred Stock

Nasdaq:FATBP

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