Fat Brands, Inc 8-K

What Happened
FAT Brands, Inc. (filed 8-K on Jan 9, 2026) announced it received Nasdaq Listing Qualifications Staff notices on Jan 8, 2026 that its Class A Common Stock (Nasdaq: FAT) and Class B Common Stock (Nasdaq: FATBB) failed to meet certain Nasdaq Capital Market listing standards for the Nov 20, 2025–Jan 7, 2026 period. The company has been given a 180-calendar-day compliance period—until July 7, 2026—to regain compliance before potential delisting actions.

Key Details

• Class A (FAT) failed the minimum bid price rule (Nasdaq Rule 5550(a)(2)): $1.00 minimum; must close ≥ $1.00 for 10 consecutive business days to cure.
• Class A (FAT) also failed the Market Value of Listed Securities (MVLS) requirement (Rule 5550(b)(2)): threshold $35 million; MVLS must close ≥ $35M for 10 consecutive business days to cure.
• Class B (FATBB) failed the Market Value of Publicly Held Shares (MVPHS) requirement (Rule 5550(a)(5)): threshold $1,000,000; MVPHS must close ≥ $1M for 10 consecutive business days to cure.
• Notices do not affect current trading, but failure to regain compliance could lead to delisting; the company may appeal Nasdaq decisions.

Why It Matters
These notices signal that FAT Brands currently falls short of Nasdaq’s minimum price and market-value thresholds for continued listing. For investors, continued noncompliance could increase volatility, reduce liquidity, and, if not resolved, lead to delisting or trading on a less liquid market. The company has until July 7, 2026 to meet the specific cure conditions described in the notices.