Company: BTBDW
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001477932-25-002248
Chunk: 26

Company: BT Brands, Inc.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1
Chunk 26
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 light of the increased demand for such personnel among publicly traded companies.

Risks Related to Ownership of Our Common Stock

Our business could be negatively affected by the actions of activist stockholders.

The Company may be subject to proposals by stockholders urging us to take certain corporate action. If activist stockholder activities ensue, our business could be adversely impacted because:

 ·responding to actions by activist stockholders can be costly and time-consuming: ·perceived uncertainties as to our future direction may result in the loss of potential business opportunities and make it challenging to attract and retain qualified personnel and business partners and ·pursuit of an activist stockholder’s agenda may adversely affect our ability to implement our strategy effectively.

Any litigation could result in substantial costs and divert management’s attention and resources, potentially harming our business.

You may be unable to resell your shares at or above the price you paid.

Volatility in the market price of our common stock may prevent you from being able to sell your shares at or above the price you paid for your shares. The stock market, in general, has been highly volatile, which may be especially true for our common stock, given our growth strategy and stage of development. As a result, the market price of our common stock is likely to be similarly volatile. You may experience a decrease, which could be substantial in the value of your stock, including decreases unrelated to our operating performance or prospects and could lose part or all of your investment. The price of our common stock could be subject to wide fluctuations in response to several factors, including those described elsewhere in this Annual Report and others, such as:

 ·actual or anticipated fluctuations in our quarterly or annual operating results; ·publication of research reports by securities analysts about us, our competitors, or our industry; ·our failure to meet analysts’ projections or guidance; ·additions and departures of key personnel;

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 ·sales, or anticipated sales, our stock or shares held by significant stockholders, directors, or executive officers; ·strategic decisions such as acquisitions, divestitures, spin-offs, joint ventures, strategic investments, or changes in business strategy; ·the passage of legislation or other regulatory developments affecting us or our industry; ·speculation, whether or not correct, involving us, our suppliers, or our competitors; ·changes in accounting principles; ·litigation and governmental investigations; ·publicity (regardless of their accuracy), including on social media platforms, negatively