Item 8.01. Other Events.
On August 10, 2022, FAST Acquisition Corp. (the "Company") issued a press
release (the "Press Release") announcing that it will redeem all of its
outstanding shares of Class A common stock, effective as of August 26, 2022,
because the Company will not consummate an initial business combination within
the time period required by its Amended and Restated Certificate of
Incorporation. The Press Release also disclosed that on August 9, 2022, a
lawsuit was filed in the Court of Chancery of the State of Delaware by Special
Opportunities Fund, Inc. as a putative class action against the Company, Fast
Sponsor, LLC, and the Company's directors. The lawsuit alleges breach of
fiduciary duty and unjust enrichment, and seeks to enjoin dissolution and the
distribution of any net assets outside of the Company's trust account, or to
impose a constructive trust over such net assets, and to order defendants to
distribute such net assets to the holders of public shares or to award damages.
The defendants believe the lawsuit is without merit and intend to defend it
vigorously. A copy of the Press Release is attached hereto as Exhibit 99.1 and
is incorporated herein by reference.
Item 9.01. Financial Statements and Exhibits.
Exhibit
No. Description
99.1 Press release, dated August 10, 2022.
104 Cover Page Interactive Data File (embedded with the Inline XBRL document)
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FAST ACQUISITION CORP. 
