{"schema_version":"secwatch.filing_event.v1","accession":"0001641172-25-014208","form_type":"8-K","ticker":"TWNPQ","cik":"0002011954","company_name":"Twin Hospitality Group Inc.","filed_at":"2025-06-09T23:59:59+00:00","discovered_at":"2026-05-14T18:02:50.680711+00:00","generated_at":"2026-05-19T17:37:59.656517+00:00","sec_items":["1.01","3.02"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Twin Hospitality converts $31.2M debt to equity, issues 7.14M shares at $4.37","bullets":["Cancelled $31,200,345 in liabilities due to FAT Brands and issued 7,139,667 Class A shares at $4.37/share.","Share price set at greater of prior-day closing or five-day average closing price preceding June 4, 2025.","Transaction exempt from registration under Sections 3(a)(9) and 4(a)(2) and Rule 506 of Securities Act.","Reduces debt but dilutes existing equity by approximately 7.14 million shares."],"urls":{"canonical":"https://secwatch.observer/filing/0001641172-25-014208","json":"https://secwatch.observer/filing/0001641172-25-014208.json","markdown":"https://secwatch.observer/filing/0001641172-25-014208.md","text":"https://secwatch.observer/filing/0001641172-25-014208.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/2011954/000164117225014208/0001641172-25-014208-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/2011954/000164117225014208/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-19T17:37:59.656517+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}