Join FAT Brands CEO Andy Wiederhorn and TriPoint Global Equities CEO Mark Elenowitz as they discuss what is gearing up to be the most mainstream Reg A+ IPO to date. FAT Brands, a leading multi-brand restaurant franchising company known for favorites such as Fatburger, is seeking to raise $24 million during its IPO and invites fans, customers, and supporters to invest before the company’s planned Nasdaq listing.
During this webinar, Andy and Mark will cover topics ranging from FAT Brands' plans to pay a 4% target annualized dividend as well as how FAT Brands' franchisor model drives strong profit margins and an attractive free cash flow profile.
Andy Wiederhorn is the CEO of FAT Brands. Prior to his involvement with the brand, Wiederhorn served as founder and CEO of a financial services company. From there, he founded Fog Cutter Capital Group which invested in the then struggling burger concept, Fatburger in 2003. Wiederhorn became CEO in 2006 and after battling the difficult economy pulled the company out of Chapter 11 bankruptcy in 2011 and began the company’s drastic turn around. Under Wiederhorn’s leadership, the burger chain is rapidly expanding across the world, with 150 locations open to date and more than 300 under development in 29 countries.
Founder and CEO
TriPoint Global Equities
Mr. Elenowitz is responsible for the overall corporate development of the firm and advising clients on structuring, financings and acquisitions. He has extensive experience in advising clients on SOX 404 compliance, employee option programs, and capital markets navigation including acting as a member of the board of directors. For over 24 years he has worked with numerous public and private companies. Mr. Elenowitz integrates a strong, successful entrepreneurial background with extensive financial services and capital markets experience. He has assisted numerous companies in a "soup-to-nuts" process, preparing them for life as a public company and advising them on an ongoing basis as to further rounds of financing, strategic acquisitions and a broader investor base via a listing on a higher securities exchange or market. He is an expert in capital markets investigative analysis of trading activity, short selling and market activity providing investigative services for Board of Directors, Special Committees and public companies. Mr. Elenowitz also serves as an expert witness in FINRA arbitrations and court actions.
Mr. Elenowitz is also Managing Director of TriPoint Capital Advisors, LLC, a merchant banking and financial consulting affiliate of TriPoint Global Equities. He is the recipient of several entrepreneurial awards and has been profiled in BusinessWeek and CNBC, as well as several other publications. He is a graduate of the University of Maryland School of Business and Management with a B.S. in Finance. He holds Series 24, 62, 63, 79, 82 and 99 licenses.
The offering will be made only by means of an offering circular. An offering statement on Form 1-A relating to these securities has been filed confidentially with the Securities and Exchange Commission but has not yet become qualified. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. No money or other consideration is being solicited at this time with respect to such an offering, and if sent in response to these materials for such an offering, it will not be accepted. No securities may be sold, and no offer to buy securities can be accepted and no part of the purchase price can be received for an offering under Regulation A+ until an offering statement is qualified by the U. S. Securities and Exchange Commission, and any such offer may be withdrawn or revoked, without obligation or commitment of any kind, at any time before notice of its acceptance given after the qualification date. An indication of interest made by a prospective investor in a Regulation A+ offering is non-binding and involves no obligation or commitment of any kind.