Bt Brands, Inc. shares fall 2.61% after-hours following merger agreement with Aero Velocity.

Bt Brands, Inc. fell 2.61% in after-hours trading, following the announcement of a definitive merger agreement between BT Brands, Inc. and Aero Velocity Inc. The merger, expected to close in September 2025, will result in Aero Velocity's stockholders owning approximately 89% of the combined company, with BT Brands stockholders owning 11%. The combined company will focus on advanced drone technologies and AI-powered solutions for government and commercial applications. Additionally, an investor rights law firm, Halper Sadeh LLC, is investigating whether the merger is fair to BT Brands shareholders, which may have contributed to the stock's decline.