FAT Brands subsidiary Twin Hospitality files Form 10 for Nasdaq listing and 5% distribution to shareholders

Fat Brands, Inc

Twin Hospitality Group Inc., wholly owned by FAT Brands, filed Form 10 with SEC for planned Nasdaq listing.
Approximately 5% of Twin Hospitality Class A common stock to be distributed to FAT Brands shareholders by year-end.
Remaining 95% of Twin Hospitality Class A common stock will continue to be held by FAT Brands.
Transaction subject to SEC effectiveness, Nasdaq approval, and completion of refinancing described in the preliminary statement.
Twin Hospitality operates Twin Peaks (115 units) and Smokey Bones restaurant brands.

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