FAT Brands Inc - Ordinary Shares - Class A

NASDAQ:FAT  
7.05
-0.05 (-0.70%)
Earnings Announcements, Mergers / Acquisitions

FAT Brands Agrees to Combine with Fog Cutter Capital Group

Published: 12/11/2020 12:37 GMT
FAT Brands Inc - Ordinary Shares - Class A (FAT) - Press Release - Fat Brands Agrees to Combine With Fog Cutter Capital Group.
Fat Brands Inc - Declared a Special Stock Dividend Payable Only to Holders of Its Common Stock Other Than Fog Cutter.
Fat Brands - Special Dividend Consists of 0.2319998077 Shares of Co's 8.25% Series B Cumulative Preferred Stock for Each Common Stock Held by Stockholders.
Fat Brands Inc - Fog Cutter Will Not Receive Any Portion of Special Dividend, Which Will Have a Record Date of Dec 21.
Revenue is expected to be $105 Million
Adjusted EPS is expected to be -$1.04

Next Quarter Revenue Guidance is expected to be $105.3 Million
Next Quarter EPS Guidance is expected to be -$0.95

More details on our Analysts Page.