FAT Brands Inc. Warrant - FATBW STOCK NEWS

FAT Brands Inc. announced the opening of a new ghost kitchen in Philadelphia, offering delivery and takeout for its brands Elevation Burger and Hurricane Grill & Wings. This marks Elevation Burger's debut in the ghost kitchen sector, following positive outcomes from similar models in other locations. The kitchen will operate via third-party delivery services like Uber Eats and DoorDash, connecting local customers to both brands. FAT Brands continues to expand its footprint in the fast-casual dining sector, which includes nine restaurant concepts and over 700 locations worldwide.

FAT Brands Inc. announces the opening of a co-branded Fatburger and Buffalo’s Express in Camarillo, CA, marking its expansion into Ventura County. CEO Andy Wiederhorn highlights the increasing demand for burgers and wings in the area. The new location features a diverse menu with customizable burgers and a variety of wing sauces. It operates from 11:00 am to 7:00 pm on weekdays and 11:00 am to 8:00 pm on weekends, with extended holiday hours starting November 2nd.

FAT Brands announced the opening of a ghost kitchen in Dallas, Texas, in partnership with Croft Ventures. This marks the company's first ghost kitchen in the state, allowing quicker introduction of multiple restaurant brands, including Fatburger, Buffalo’s Express, and Hurricane Grill & Wings. The ghost kitchen will utilize third-party delivery services like Uber Eats and DoorDash. FAT Brands aims for significant growth in Texas with plans for additional ghost kitchens in Austin and Houston in the coming weeks.

FAT Brands Inc. has announced the opening of a new co-branded location featuring Fatburger and Buffalo's Express in Lake Balboa, California. This launch marks FAT Brands' first new establishment in the San Fernando Valley in recent years, aiming to meet the increasing demand for their offerings. The new restaurant, located at 7600 Balboa Blvd., offers a range of burgers, fries, and wings, available daily from 10:30 AM to 11:00 PM. With 70 years of legacy, Fatburger continues to attract customers with its customizable burgers and diverse menu.

FAT Brands Inc. announces the opening of its first Hurricane Grill & Wings location in California, specifically in Chula Vista. This location marks the brand's debut in the state and its first foray into the fast-casual dining segment. The new restaurant features a diverse menu, including signature wings, burgers, and tacos, alongside a full bar and patio area. Additionally, it will operate as a virtual restaurant for Fatburger, offering delivery through third-party services. The Chula Vista restaurant is set to operate daily from 11:00 AM to 10:00 PM.

FAT Brands announces the opening of its first Hurricane Grill & Wings location in California, specifically in Chula Vista, as of September 28, 2020. This site represents the brand's first foray into the fast casual segment, alongside its established full-service model. CEO Andy Wiederhorn highlighted significant demand for a fast casual experience in the area. The new restaurant features a full bar and virtual operations for Fatburger, enhancing menu options for delivery. FAT Brands operates nine restaurant brands and over 700 units globally.

FAT Brands Inc. announces the opening of a new co-branded Fatburger and Buffalo’s Express restaurant in George, Washington, located near the popular The Gorge Amphitheater. This location features a drive-thru, marking its first in Washington. CEO Andy Wiederhorn expressed confidence in the site’s potential due to the brand's previous success in the state. FAT Brands operates multiple restaurant concepts globally, including Fatburger, Buffalo’s Cafe, and more, and is focused on enhancing customer access with new locations.

FAT Brands Inc. has announced the opening of its third co-branded Fatburger and Buffalo’s Express location in NEWest Singapore. The new restaurant aims to cater to the strong demand for American comfort food in the region, which has garnered a dedicated fanbase since the first opening in 2018. This expansion reflects the brand's growth strategy, further solidifying FAT Brands' presence in the international market. FAT Brands operates eight restaurant concepts worldwide and franchises over 375 units.

FAT Brands (NASDAQ: FAT) has announced its acquisition of the Johnny Rockets restaurant chain for approximately $25 million, funded through cash and securitization proceeds. The deal is expected to close in September 2020, expanding FAT Brands' portfolio to over 700 restaurants worldwide, with annual sales exceeding $700 million. Johnny Rockets, known for its 1950s diner aesthetic, operates over 325 locations globally. CEO Andy Wiederhorn emphasized the transformative nature of this acquisition, highlighting synergies with existing brands.