BTBD News & Events

BT Brands announced that it has filed a Current Report on Form 8-K regarding the termination of the previously announced Agreement and Plan of Merger with Aero Velocity Inc. The merger agreement was terminated upon expiration of the contractual term set forth in the Merger Agreement, as the registration statement relating to the proposed transaction was required to be declared effective by the U.S. Securities and Exchange Commission by April 30, 2026. The termination was effected in accordance with the terms of the merger agreement. BT Brands determined that terminating the merger agreement was in the best interests of the Company and its shareholders. Following the termination, the Company has no agreement or arrangement with Aero Velocity and is no longer pursuing the previously proposed transaction.

BT Brands Inc trading halted, news pending

BT Brands announced that its proposed merger partner, Aero Velocity, has entered into a strategic partnership with AC Future, to jointly develop a Mobile Drone Launch Vehicle, MDLV, platform for U.S. military and public-sector applications. The announcement was made in conjunction with TEVCON in San Diego, California. The partnership brings together Aero Velocity's expertise in unmanned aerial systems, UAS, ISR operations, and defense-focused drone technologies with AC Future's advanced mobility and smart platform engineering capabilities.