FAT Brands Inc., the owner of over 2,200 restaurant locations including Fatburger, Johnny Rockets, and Round Table Pizza, has filed voluntary Chapter 11 petitions in the U.S. Bankruptcy Court for the Southern District of Texas. The company aims to use the process to deleverage its balance sheet, maximize value for stakeholders, and support continued growth of its brands. FAT Brands' restaurants are expected to continue operating as usual during the proceedings, and trading of its securities on NASDAQ will continue with a "Q" suffix. The company is focused on strengthening its capital structure and maintaining quality service to customers and franchise partners throughout the restructuring process.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. FAT Brands Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9642985-en) on January 27, 2026, and is solely responsible for the information contained therein.