Fat Brands, INC Schedule 13G passive stakes
Filed when an investor crosses five percent without intending to seek control — the passive counterpart to a 13D.
Muhammad Asif Seemab has sold all his Class A Common Stock and Series B Cumulative Preferred Stock in FAT Brands, Inc.
HOT GFG LLC and Rachel Serruya filed an amendment to their Schedule 13G, disclosing a 1.1% beneficial ownership in Fat Brands, Inc. Class A Common Stock, despite a narrative indicating a prior sale of common shares.
Muhammad Asif Seemab has increased his beneficial ownership in FAT Brands, Inc. Class A Common Stock to 8.8%, as detailed in an amended Schedule 13G filing, while the company faces preferred dividend defaults.
Muhammad Asif Seemab has reported a 6.2% beneficial ownership stake in FAT Brands, Inc.'s Class A Common Stock.