Company: BTBDW
Filing Date: 2025-12-01
Form Type: 424B5
Source: 0001477932-25-008703
Chunk: 14

Company: BT Brands, Inc.
Filing Date: 2025-12-01
Form: 424B5
Chunk 14
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 discretion to deliver a notice to Maxim at any time throughout the term of Equity Distribution Agreement. The number of shares that are sold through Maxim after delivering a notice will fluctuate based on a number of factors, including the market price of our common stock during the sales period, the limits we set with Maxim in any applicable notice, and the demand for our common stock during the sales period. Because the price of each share sold will fluctuate during the sales period, it is not currently possible to predict the number of shares of common stock that will ultimately be issued by us under the Equity Distribution Agreement or aggregate proceeds to be raised in connection with those sales.

Sales of a significant number of shares of our common stock in the public markets, or the perception that such sales could occur, could depress the market price of our common stock.

Sales of a significant number of shares of our common stock in the public markets, or the perception that such sales could occur as a result of our utilization of our shelf registration statement, our Equity Distribution Agreement with Maxim or otherwise could depress the market price of our common stock and impair our ability to raise capital through the sale of additional equity securities. We cannot predict the effect that future sales of our common stock or the market perception that we are permitted to sell a significant number of our securities would have on the market price of our common stock.

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<div align='center'>USE OF PROCEEDS</div>

We may issue and sell shares of our common stock having aggregate gross sales proceeds of up to $3,565,880, from time to time. Because there is no minimum offering amount required as a condition to close this offering, the actual total public offering amount, commissions and proceeds to us, if any, are not determinable at this time. The amount of proceeds from this offering will depend upon the number of shares of our common stock sold and the market price at which they are sold. There can be no assurance that we will be able to sell any shares under or fully utilize the Equity Distribution Agreement as a source of financing.

We currently intend to use the net proceeds, if any, from the sales of shares of our common stock offered by this prospectus supplement for working capital, capital expenditures and other general corporate purposes. If the Spin-Off is completed as intended, we expect that the net proceeds from this offering will be transferred to BT Group and will not be available for use in Aero’s business. We have broad discretion in determining how the proceeds of this offering will be used, and our discretion