HTFL’s Client ThinkEquity LLC Successfully Closed FAT Brands Inc.’s Public Offering

November 01, 2021

Louis Taubman

Guillaume de Sampigny

FAT (Fresh. Authentic. Tasty) Brands Inc. (Nasdaq: FAT, FATBB, FATBP, FATBW) (“FAT Brands”), a leading global franchising company that strategically acquires, markets and develops fast casual, casual and polished casual dining restaurant concepts around the world, on November 1, 2021, closed a public offering of 1,000,000 shares of its 8.25% Series B Cumulative Preferred Stock at a public offering price of $ 18.00 per share, for gross proceeds of $18 million, before deducting underwriting discounts, commissions and offering expenses. The 8.25% Series B Cumulative Preferred Stock has been approved for listing on the Nasdaq Stock Market LLC under the symbol “FATBP.”

ThinkEquity LLC is acting as sole book-running manager for the offering. Hunter Taubman Fischer & Li LLC (“HTFL”) acted as counsel to the underwriter. HTFL is a boutique law firm specializing in corporate, commercial and securities transactions, cross-border financing, immigration and taxation. Our team of lawyers works together so our clients can benefit from astute business experience and sophisticated legal solutions.