BTBD

#4796
BT Brands, Inc. - Common Stock
1.4 8 USD
+0.04%
Market Price
Settore: Beni di Consumo Ciclici
Base: USD
Valuta di Profitto: USD
Intervallo Giornaliero
1.48
1.48
Intervallo Annuale
1.03
4.50
Variazione giornaliera
+4.23%
Variazione Mensile
+34.55%
Variazione di 6 mesi
+18.40%
Variazione Annuale
-17.78%
Chiusura Precedente
1.4 2
Open
1.4 8
Minimo
1.4 8
Massimo
1.4 8
Volume
1
Apri il grafico completo

Financials

Panoramica Estratto Conto Statistiche Documents

2026

Quarterly report, Q2 FY2026
BT Brands, Inc. quarterly report, Q2 FY2026
10-Q
Current report, Q2 FY2026
BT Brands, Inc. current report, Q2 FY2026
8-K
Current report, Q2 FY2026
BT Brands, Inc. current report, Q2 FY2026
8-K
Current report, Q2 FY2026
BT Brands, Inc. current report, Q2 FY2026
8-K
Current report, Q2 FY2026
BT Brands, Inc. current report, Q2 FY2026
8-K
Current report, Q2 FY2026
BT Brands, Inc. current report, Q2 FY2026
8-K
Current report, Q1 FY2026
BT Brands, Inc. current report, Q1 FY2026
8-K
Quarterly report, Q1 FY2026
BT Brands, Inc. quarterly report, Q1 FY2026
10-Q
Current report, Q1 FY2026
BT Brands, Inc. current report, Q1 FY2026
8-K
Current report, Q1 FY2026
BT Brands, Inc. current report, Q1 FY2026
8-K

BT Brands, Inc. current report, Q2 FY2026

Full document

BT Brands, Inc. Form 8-K Summary

Business Context and Reporting Period

This Current Report (Form 8-K) was filed by BT Brands, Inc. on May 7, 2026, covering events occurring on May 1, 2026. The filing addresses the termination of a previously announced merger agreement with Aero Velocity Inc. ("Aero").

Key Financial Metrics

The filing does not provide specific financial metrics such as revenue, profit, cash flow, margins, debt, or liquidity. The document focuses exclusively on the legal status of a material definitive agreement.

Material Changes

  • Termination of Merger: On May 1, 2026, BT Brands terminated the Agreement and Plan of Merger entered into on September 2, 2025, with Aero Velocity Inc.
  • Reason for Termination: The termination was executed under Section 7.1(b) of the Merger Agreement because the transaction closing did not occur by the extended deadline of April 30, 2026, primarily due to the SEC not declaring the Registration Statement effective.
  • Financial Impact: The Company states it does not believe any termination fee or material early termination penalty is payable. Each party is responsible for its own transaction expenses.
  • Dispute: On May 4, 2026, counsel for Aero delivered a letter asserting the termination was invalid. BT Brands disputes these assertions.

Outlook, Risks, and Contingencies

The primary risk identified is the ongoing legal dispute regarding the validity of the termination. Aero Velocity Inc. claims BT Brands did not have the right to terminate the agreement, which could lead to litigation or a requirement to proceed with the merger. The filing notes that the transactions contemplated by the Merger Agreement have been abandoned, subject to the outcome of this dispute.

Investor Verification Checklist

  • Verify the status of the SEC Registration Statement referenced in the termination notice.
  • Monitor for any legal filings or court documents related to Aero Velocity Inc.'s challenge to the termination.
  • Review the full text of the Merger Agreement (previously filed) to understand the specific conditions of Section 7.1(b) and potential liability.
  • Check for subsequent press releases or 8-K filings regarding the resolution of the dispute or any potential termination fees.

Notizie