FAT Brands Inc. Holds 2024 Annual Meeting of Stockholders and Amends Second Amended and Restated Certificate of Incorporation – An 8-K SEC Filing Analysis

FAT Brands Inc. recently conducted its 2024 Annual Meeting of Stockholders on December 24, 2024. At the meeting, stockholders voted on various proposals, including the election of directors and other significant matters. The results of the voting reflect active shareholder participation and decision-making within the company.

During the Annual Meeting, stockholders elected 14 nominees to FAT Brands Inc.’s Board of Directors, each chosen to serve until the 2025 Annual Meeting of Stockholders. The detailed breakdown of the voting results for each directorial nominee was provided, showcasing the shareholders’ engagement in the governance of the company.

One of the crucial proposals voted on was Proposal No. 2, concerning the amendment to the company’s Second Amended and Restated Certificate of Incorporation. This amendment was aimed at allowing for the exculpation of officers as permitted under the Delaware General Corporation Law. The proposal received approval following a favorable vote by the stockholders.

Additionally, other proposals, such as the Advisory Vote on the Compensation of Named Executive Officers and the Ratification of Appointment of Independent Registered Public Accounting Firm, were also successfully approved by the shareholders. These results indicate a collaborative effort between the company’s management and its investors in key decision-making processes.

Moreover, on December 26, 2024, FAT Brands Inc. officially filed a Certificate of Amendment to its Second Amended and Restated Certificate of Incorporation, aligning with the affirmative vote received from stockholders on Proposal No. 2. This amendment allows for the exculpation of the company’s officers, further solidifying the corporate governance structure within FAT Brands Inc.

The outcome of the Annual Meeting, as detailed in the 8-K SEC filing, signifies the shareholders’ support for the company’s strategic direction and decisions made by the management team. FAT Brands Inc. continues to prioritize transparency and shareholder engagement, as demonstrated through the comprehensive reporting of the voting results and subsequent actions taken in response to the approved proposals.

As FAT Brands Inc. progresses with its corporate governance enhancements, the company remains committed to upholding the interests of its stakeholders and fostering a culture of accountability and transparency within its operations.

This article is based on the 8-K SEC Filing submitted by FAT Brands Inc. on December 30, 2024, capturing the essential details of the company’s recent Annual Meeting and governance amendments.

This article was generated by an automated content engine and was reviewed by a human editor prior to publication. For additional information, read FAT Brands’s 8K filing here.

FAT Brands Company Profile

FAT Brands Inc, a multi-brand restaurant franchising company, acquires, develops, markets, and manages quick service, fast casual, casual dining, and polished casual dining restaurant concepts worldwide. It owns restaurant brands, including Round Table Pizza, Marble Slab Creamery, Great American Cookies, Hot Dog on a Stick, Pretzelmaker, Fazoli's, Fatburger, Johnny Rockets, Elevation Burger, Yalla Mediterranean, Buffalo's Cafe and Buffalo's Express, Hurricane Grill & Wings, Ponderosa Steakhouse/Bonanza Steakhouse, Native Grill & Wings, Smokey Bones, and Twin Peaks.