Twin Hospitality completes spin-off from FAT Brands; begins trading under TWNP

Twin Hospitality Group Inc.

Distribution of ~5% of fully-diluted Class A Common Stock to FAT Brands stockholders as pro rata dividend on Jan 29, 2025.
Record date Jan 27, 2025; holders received 0.1520207 shares of TWNP Class A Common Stock per FAT Brands share.
TWNP Class A Common Stock began trading on Nasdaq on Jan 30, 2025 under ticker 'TWNP'.
Company entered into Master Separation and Distribution Agreement and Tax Matters Agreement with FAT Brands on Jan 24, 2025.
Twin Hospitality becomes an independent, publicly traded company following the spin-off.

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