#FAT #Brands #Announces #Proposed #Class #Public #Offering
Los Angeles, California, Nov. 4, 2022 (GLOBE NEWSWIRE) — FAT (Fresh. Authentic. Tasty) Brands Inc. (Nasdaq: FAT, FATBB, FATBP, FATBW) (“FAT Brands” or the “Company”) announced today that it intends to offer for sale Class A common stock in a signed public offering. All shares of Class A Common Stock are to be sold by the Company.
ThinkEquity is acting as the sole book-running manager for the offering.
The Company expects to grant the underwriters a 45-day option to purchase up to an additional 15% of the number of Class A common shares sold pursuant to this offering to cover any over-allotments. The offering is subject to market conditions and no assurance can be given as to whether or when the offering may be completed, or as to the actual scope or terms of the offering.
The securities are being offered and sold pursuant to a shelf registration statement on Form S-3 (File Number 333-261365), including a base prospectus filed with US Securities…
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