Muhammad Asif Seemab Exits Position in FAT Brands, Inc. via Schedule 13G/A
This Schedule 13G/A (Amendment No. 2) filed by Muhammad Asif Seemab on May 18, 2026, reports that the filer has completely exited his position in FAT Brands, Inc. (FAT). This filing serves as a follow-up to the original Schedule 13G filed in November 2025 and a subsequent amendment in February 2026. According to the document, Mr. Seemab has sold all previously held Class A Common Stock and Series B Cumulative Preferred Stock. As of the event date of May 18, 2026, the reporting person owns zero shares, representing 0.0% of the company's outstanding Class A Common Stock. The filing was made under Rule 13d-1(c), indicating that the securities were not acquired or held for the purpose of changing or influencing the control of the issuer. This exit marks a significant change from his prior status as a reporting shareholder of the Beverly Hills-based restaurant franchising company.