Company: BTBDW
Filing Date: 2025-12-01
Form Type: 424B5
Source: 0001477932-25-008703
Chunk: 6

Company: BT Brands, Inc.
Filing Date: 2025-12-01
Form: 424B5
Chunk 6
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 Dave's restaurant locations. pursuant to this previously announced plan, Bagger Dave's has received an offer to purchase five of the six locations and is currently evaluating this offer and Bagger Dave's is also evaluating a non-binding letter of intent to purchase one of the five location from another party. The purchase offer is subject to review and negotiations among the parties with a goal of completing this the sale of Bagger Dave’s restaurant assets before the end of 2025. |   |                                                                                                                                                             |

| S-1 |

| Recent Developments   Announcement of Merger   On September 2, 2025, we entered into an Agreement and Plan of Merger (the “Merger Agreement”) among BT Brands, Aero Merger Sub, Inc., a Delaware corporation and a direct, wholly owned subsidiary of BT Brands (“Merger Sub”), and Aero Velocity Inc., a Delaware corporation (“Aero”). BT Brands, Merger Sub and Aero are sometimes referred to individually as a “Party” and collectively as the “Parties.”    Pursuant to the terms of the Merger Agreement, at the effective time, Merger Sub will merge with and into Aero (the “Merger”), with Aero surviving the Merger as a direct, wholly owned subsidiary of BT Brands (the “Surviving Corporation”).   In connection with the Merger Agreement and the Merger, the following, among other things, will take place:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |
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