other material
confidence high
sentiment neutral
materiality 0.75
Twin Hospitality Group Spin-Off from FAT Brands declared effective; distribution Jan 29
Twin Hospitality Group Inc.
- SEC declared Registration Statement effective on Jan 17, 2025 for Twin Hospitality spin-off from FAT Brands.
- Distribution date set for Jan 29, 2025 at 4:30 PM NY time; record date Jan 27, 2025.
- FAT Brands stockholders receive 0.1520207 TWNP shares per FAT share held on record date.
- Twin Hospitality Class A Common Stock to trade 'regular way' on Nasdaq under 'TWNP' starting Jan 30, 2025.