# EDGAR Filing Document

**Accession Number:** 0001914177
**File Stem:** 0001914177-26-000003
**Filing Date:** 2026-2
**Character Count:** 11489
**Document Hash:** 0dada0ef6930948fe1e46131ce1f156c
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001914177-26-000003.hdr.sgml**: 20260213

**ACCESSION NUMBER**: 0001914177-26-000003

**CONFORMED SUBMISSION TYPE**: SCHEDULE 13G/A

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20260213

**DATE AS OF CHANGE**: 20260213

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Fat Brands, Inc
- **CENTRAL INDEX KEY:** 0001705012
- **STANDARD INDUSTRIAL CLASSIFICATION:** RETAIL-EATING PLACES [5812]
- **ORGANIZATION NAME:** 07 Trade & Services
- **EIN:** 821302696
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1228

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13G/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 005-90382
- **FILM NUMBER:** 26632171

**BUSINESS ADDRESS:**
- **STREET 1:** 9720 WILSHIRE BLVD.,
- **STREET 2:** SUITE 500
- **CITY:** BEVERLY HILLS
- **STATE:** CA
- **ZIP:** 90212
- **BUSINESS PHONE:** 310-406-0600

**MAIL ADDRESS:**
- **STREET 1:** 9720 WILSHIRE BLVD.,
- **STREET 2:** SUITE 500
- **CITY:** BEVERLY HILLS
- **STATE:** CA
- **ZIP:** 90212
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** HOT GFG LLC
- **CENTRAL INDEX KEY:** 0001914177

**ORGANIZATION NAME:**
- **EIN:** 873056444
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13G/A

**BUSINESS ADDRESS:**
- **STREET 1:** 210 SHIELDS COURT
- **CITY:** MARKHAM
- **STATE:** A6
- **ZIP:** L3R 8V2
- **BUSINESS PHONE:** (647) 806-8895

**MAIL ADDRESS:**
- **STREET 1:** 210 SHIELDS COURT
- **CITY:** MARKHAM
- **STATE:** A6
- **ZIP:** L3R 8V2

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## SCHEDULE 13G

### Under the Securities Exchange Act of 1934

**(Amendment No. 1)**

**Issuer:** Fat Brands, Inc

**Title of Class of Securities:** Class A Common Stock, par value $0.0001 per share

**CUSIP Number:** 30258N105

**Date of Event Which Requires Filing of this Statement:** 12/31/2025

**Check the appropriate box to designate the rule pursuant to which this Schedule is filed:**

- [ ] Rule 13d-1(b)

- [x] Rule 13d-1(c)

- [ ] Rule 13d-1(d)

---

| 1. | Names of Reporting Persons<br>HOT GFG LLC | Names of Reporting Persons<br>HOT GFG LLC |
|:---|:---|:---|:---|
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [x] | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [x] |
| 3. | SEC Use Only | SEC Use Only |
| 4. | Citizenship or Place of Organization<br>DE | Citizenship or Place of Organization<br>DE |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 5. | Sole Voting Power<br>0.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 6. | Shared Voting Power<br>1794766.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 7. | Sole Dispositive Power<br>0.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 8. | Shared Dispositive Power<br>1794766.00 |
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person<br>1794766.00 | Aggregate Amount Beneficially Owned by Each Reporting Person<br>1794766.00 |
| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] |
| 11. | Percent of Class Represented by Amount in Row (9)<br>1.1% | Percent of Class Represented by Amount in Row (9)<br>1.1% |
| 12. | Type of Reporting Person (See Instructions)<br>OO | Type of Reporting Person (See Instructions)<br>OO |

---

| 1. | Names of Reporting Persons<br>Serruya Rachel | Names of Reporting Persons<br>Serruya Rachel |
|:---|:---|:---|:---|
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [x] | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [x] |
| 3. | SEC Use Only | SEC Use Only |
| 4. | Citizenship or Place of Organization<br>X1 | Citizenship or Place of Organization<br>X1 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 5. | Sole Voting Power<br>0.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 6. | Shared Voting Power<br>1794766.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 7. | Sole Dispositive Power<br>0.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 8. | Shared Dispositive Power<br>1794766.00 |
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person<br>1794766.00 | Aggregate Amount Beneficially Owned by Each Reporting Person<br>1794766.00 |
| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] |
| 11. | Percent of Class Represented by Amount in Row (9)<br>1.1% | Percent of Class Represented by Amount in Row (9)<br>1.1% |
| 12. | Type of Reporting Person (See Instructions)<br>IN | Type of Reporting Person (See Instructions)<br>IN |

---

**Item 1(a). Name of Issuer:**
Fat Brands, Inc

**Item 1(b). Address of Issuer's Principal Executive Offices:**
9720 WILSHIRE BLVD.,, 9720 WILSHIRE BLVD.,, BEVERLY HILLS, CALIFORNIA, 90212.

**Item 2(a). Name of Person Filing:**
This Schedule 13G/A (this "13G/A") is being filed jointly by HOT GFG LLC, a Delaware limited liability company ("HOT GFG"), and Ms. Rachel Serruya, an individual (together with HOT GFG, the "Reporting Persons").

The securities reported in this 13G/A are held directly by HOT GFG. Ms. Rachel Serruya is the sole Director and President of HOT GFG, and as such, Ms. Rachel Serruya may be deemed to have voting and investment power over such securities held by HOT GFG. Ms. Rachel Serruya disclaims beneficial ownership of such securities for the purposes of Section 13(d) or 13(g) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), except to the extent of her indirect pecuniary interest therein, if any, and this 13G/A shall not be deemed an admission that she is the beneficial owner of such securities for purposes of Section 13(d) or 13(g) of the Exchange Act or for any other purposes.

The Reporting Persons have previously entered into a Joint Filing Agreement, dated March 8, 2022 and incorporated as Exhibit 99.1 to the Schedule 13G filed on March 8, 2022, pursuant to which the Reporting Persons have agreed to file jointly the Schedule 13G and any subsequent amendments thereto in accordance with the provisions of Rule 13d-1(k)(1) under the Exchange Act.

This Amendment No. 1 amends the Schedule 13G filed on March 8, 2022 to reflect the sale by HOT GFG of shares of Class A Common Stock ("Common Shares") of Fat Brands, Inc. ("Issuer") from February 21, 2024 to November 13, 2025. The percentages in this filing are based on 16,668,520 Common Shares issued and outstanding as of October 24, 2025 as reported in Issuer's Definitive Proxy Statement on Schedule 14A filed with the Securities and Exchange Commission on November 13, 2025.

As of the date of this Amendment No. 1, HOT GFG beneficially owns no Common Shares and 1,544,623 shares of Issuer's Series B Cumulative Preferred Stock.

**Item 2(b). Address of Principal Business Office:**
The address of the principal business office of HOT GFG is 210 Shields Court, Markham, Ontario L3R 8V2, Canada.

The address of the principal business office of Ms. Rachel Serruya is 1179 Katella Street, Laguna Beach, California 92651.

**Item 2(c). Citizenship:**
HOT GFG is a Delaware limited liability company.

Ms. Rachel Serruya is a citizen of the United States of America.

**Item 2(d). Title of Class of Securities:**
Class A Common Stock, par value $0.0001 per share

**Item 2(e). CUSIP Number:**
30258N105

**Item 3. If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:**

(a) [ ] Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o).

(b) [ ] Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).

(c) [ ] Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c).

(d) [ ] Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8).

(e) [ ] An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);

(f) [ ] An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);

(g) [ ] A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);

(h) [ ] A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);

(i) [ ] A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);

(j) [ ] A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), if filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:

(k) [ ] Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).

**Item 4. Ownership:**

**(a) Amount beneficially owned:**

HOT GFG LLC         1,794,766
Rachel Serruya        1,794,766

**(b) Percent of class:**

HOT GFG LLC         1.1%
Rachel Serruya        1.1%

**(c) Number of shares as to which the person has:**

**(i) Sole power to vote or to direct the vote:**

HOT GFG LLC         0
Rachel Serruya        0

**(ii) Shared power to vote or to direct the vote:**

HOT GFG LLC         1,794,766
Rachel Serruya        1,794,766

**(iii) Sole power to dispose or to direct the disposition of:**

HOT GFG LLC         0
Rachel Serruya        0

**(iv) Shared power to dispose or to direct the disposition of:**

HOT GFG LLC         1,794,766
Rachel Serruya        1,794,766

**Item 5. Ownership of Five Percent or Less of a Class.**

[ ] If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following.

**Item 6. Ownership of More than 5 Percent on Behalf of Another Person.**

Not Applicable

**Item 7. Identification and Classification of the Subsidiary**

Not Applicable

**Item 8. Identification and Classification of Members of the Group**

Not Applicable

**Item 9. Notice of Dissolution of Group**

Not Applicable

**Item 10. Certification:**

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

### SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**HOT GFG LLC**

**Date:** 02/13/2026

**By:** /s/ Rachel Serruya

**Name & Title:** Rachel Serruya, Sole Director and President

**Serruya Rachel**

**Date:** 02/13/2026

**By:** /s/ Rachel Serruya

**Name & Title:** Rachel Serruya