Amendment No. 3 to Form S-I •fable of Contents Fogo de Chao, Inc. Notes to Consolidated Financial Statements (in thousands, except share and per share amounts) 1. Description of Business Fogo de Chao, Inc. and subsidiaries ("Suceessur and the "Company-) operates upscale Brazilian churrascaria steakhouses under the brand of Fogo de Chao. The Company was incorporated under the name Brasa (Parent) Inc. ("Brasa Parent") on May 24. 2012 (Inception) in connection with the acquisition on July 21, 2012 of Fogo de Chao Chun•ascaria (Holdings) LLC, a Delaware limited liability company, and its parent company, FC Holdings. Inc., a Cayman Islands exempt company ("Predecessor"), by a collaborative group consisting of funds affiliated with Thomas H. Lee Partners. L.P. ("THL") and other minority investors, which, together with THL, are referred to as the "III Funds," (the "2012 Acquisition"). On December 17. 2014, the Company changed its name from Brasa (Parent) Inc. to Fogo de Chao. Inc. As of December 28, 2014, the Company operated. through its subsidiaries, 25 restaurants in the United States and 9 restaurants located in Brazil. Fogo dc Chao, Inc. is a holding company with no assets or operations of its own. The Company owns 100% of Brass (Purchaser) Inc. ("Brasa Purchaser"), which owns 100% of Brasa (Holdings) Inc. ("Brasa Holdings"). Brasa Holdings owns 100% of Fogo de Chao (Holdings) Inc. ("Fogo Holding1), which owns the Company's domestic and foreign operating subsidiaries The Company, Brasa Purchaser, Brasa Holdings, Bran Merger Sub Inc. and Fogo Holdings were formed during 2012 for the purpose of effecting the 2012 Acquisition. which was consummated on July 21, 2012. Immediately prior to the 2012 Acquisition. (i) FC Holdings Inc. contributed all of its ownership interests in the Predecessor to Pogo Holdings, (ii) the Predecessor was merged with Fogo Holdings. which was the surviving corporation, and (iii) FC Holdings Inc. was domesticated into Brass Hol