Fast FST.U = 1C + 1/2W


Edgar

Prospectus 8/21/20


24 Months

1 Warrant + 11.50.

Focus Restaurants

Trust $10.00. $200mm? No oversubscribed?

Citigroup,  UBS


Closed  August 25, 2020, - 20,000,000 units

 
J.P. Morgan Chase Bank, N.A. maintained by Continental Stock Transfer & Trust Company, acting as trustee.

 invested only in U.S. “government securities,” within the meaning of Section 2(a)(16) of the Investment Company Act having a maturity of 185 days or less or in money market funds 


Longest list of people involved ever.


Ndamukong Suh is an American Football Defensive Tackle and entrepreneur. 


Todd Gurley is entering his sixth season in the NFL as a running back for the Atlanta Falcons. Throughout his professional career to date, Mr. Gurley has rushed for 5,404 yards and 58 touchdowns on 1,265 carries, has been named to the Pro Bowl three times, and was named Associated Press First Team All Pro in 2017 and 2018. 


​Our Co-Chief Executive Officer, Sandy Beall, is a decorated restauranteur and hospitality founder, investor, operator and executive with a dynamic background that spans nearly six decades, dozens of highly successful concepts, and serving as the Chief Executive Officer of a public company for over 25 years. Mr. Beall founded Ruby Tuesday while in college in 1971, growing the concept to 15 units and ultimately selling it to Morrison Inc. in 1982. Post-acquisition, he remained the President and Chief Operating Officer of Ruby Tuesday, ultimately working his way up the organization to becoming Chairman and Chief Executive Officer of Morrison Inc. by 1995. In 1994, he was named Operator of the Year, won the Golden Chain Award from Multi-Unit Foodservice Operators (“MUFSO”) and was named Executive of the Year by Restaurants & Institutions Magazine. Under Mr. Beall’s leadership, Morrison split into three public companies, including Ruby Tuesday, Morrison Healthcare and Morrison’s Cafeteria. Mr. Beall remained as Chairman and Chief Executive Officer of Ruby Tuesday, overseeing an operation that had grown to 800+ locations in 46 states, 14 foreign countries and approximately 30,000 employees. Mr. Beall also co-founded Blackberry Farm in 1975, steadily growing it with his family over the following five decades into one of the premier luxury resorts in the world. It has been recognized by Relais & Chateaux since 1994, as well as named to the Conde Nast Traveler Gold List, Wine Spectator Grand Award, the James Beard Foundation, as well as a number of other highly regarded awards and by industry groups. Mr. Beall is a major investor and board member of a number of high-growth restaurant and consumer brands, including &pizza, a 38-unit mid-Atlantic pizza chain, The Meatball Shop, Mexicue, Beyond Sushi and Custom Foods of America. He is also the Principal of Beall Investments LLC, an investment company. Outside of the restaurant space, he previously served on the board of First American Bank, Pilot Flying J, Windstream Corporation, SSC Service Solutions, and Arlington Capital Advisors.

Our Co-Chief Executive Officer, Doug Jacob, lives by the power of the brand, seeking to build businesses that transform commercial brands into cultural icons. Early in his career, Mr. Jacob leveraged his business savvy into hospitality success as the lead investor and operator at EMM Group’s Tenjune nightclub. Recognizing the emergence of food and celebrity chefs, he collaborated with James Beard award winners Ken Oringer and Jamie Bissonette to expand the Toro brand from Boston to New York City, Bangkok and Dubai in January 2013, which is when Mr. Jacob co-founded Toro. Mr. Jacob sold his position in the group in 2016. Along the way, Mr. Jacob focused on the art of creating immersive experiences and began looking for new opportunities to merge design and business in fresh and rewarding ways. In 2010, Mr. Jacob partnered with Michael Lastoria and Charlie Walk to found JWALK, a full-service creative agency that integrated design with strong business strategy. As the agency evolved, Mr. Jacob stayed dedicated to preserving its small-by-design, nimble-by-nature ethos that earned its identity as a creative disrupter, serving as

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the company’s Chief Creative Officer and Chief Executive Officer from January 2014 to February 2017. Together, Mr. Jacob and Mr. Lastoria shaped JWALK into an industry leader that flew in the face of tradition, specializing in building cult-favorite brands with a bold digital presence. Creatively led and anchored to the bottom line, JWALK grew into a multi-million dollar-a-year business with lifestyle-driven clients. Shiseido Corporation acquired JWALK in March 2017 to bolster the group’s creative excellence and enhance its digital agility, and Mr. Jacob served as Chief Creative Director of Shiseido until mid-2018. In 2019, Mr. Jacob founded and became Chief Executive Officer of &vest, a hybrid venture fund and branding agency focused on opportunities in the consumer lifestyle space. &vest acquired the second largest position in &pizza, which Mr. Jacob helped to launch with Mr. Michael Lastoria in 2010. Mr. Jacob has served as a board member for &pizza and currently serves as a board member of Butler Hospitality and Virginia Black Whiskey.