Highest-materiality recent filing
FAT Brands assets (Round Table Pizza, Fatburger, etc.) sold to FBG Bid Co. for ~$595M credit bid.
Bankruptcy court approves global settlement; FAT Brands to sell assets via credit bid and liquidate
Bankruptcy Court entered Settlement Order and Final DIP Order on May 19, 2026, approving global settlement among debtors, WBS Ad Hoc Group, Resid Noteholders, and Committee.
Twin Hospitality receives Nasdaq delisting notice after Chapter 11 filing; trade to suspend Feb 4
Company filed for Chapter 11 bankruptcy on January 26, 2026.
Twin Hospitality files Chapter 11 with $403M debt; appoints restructuring directors and CRO
Filed voluntary Chapter 11 petitions on Jan 26, 2026, with parent FAT Brands and subsidiaries; operations continue as usual.
Twin Hospitality elects four directors, ratifies auditor; James Ellis resigns from board
Stockholders elected Kenneth J. Anderson, Lynne L. Collier, David Jobe, and Andrew A. Wiederhorn as directors.
Twin Hospitality terminates CEO Kim Boerema, appoints Chairman Andy Wiederhorn as CEO
Kim Boerema terminated as President and CEO, effective December 29, 2025.
Director James Ellis resigns from Twin Hospitality board immediately
James Ellis resigned as director effective November 25, 2025.
Twin Hospitality receives acceleration notice for $412.3M in secured notes; no funds to pay
UMB Bank accelerated $412.3M principal ($402.6M net of parent-retained notes) on November 17, 2025.
Twin Hospitality Q3 revenue down 1.6% to $82.3M; net loss widens to $24.5M
Total revenue $82.3M vs $83.7M YoY; loss from operations $13.4M vs $3.6M loss.
Twin Hospitality Group enters $50M equity purchase agreement with White Lion Capital
Company may require White Lion to purchase up to $50 million of Class A common stock under three notice types: Fixed, Rapid, VWAP.
Andrew Wiederhorn appointed director and Chairman of Twin Hospitality board
Andrew Wiederhorn appointed as director and Chairman of the Board, effective August 18, 2025.
Twin Hospitality receives Nasdaq notice for failing MVPHS minimum; 180-day cure period
Received Nasdaq notice Aug 4, 2025: MVPHS below $15M for 30 consecutive business days ended July 28, 2025.
Twin Hospitality Q2 revenue down 4.1% to $87.8M; net loss widens to $20.8M
Total revenue of $87.8M vs $91.6M YoY; Twin Peaks same-store sales declined 4.4%.
Annual base salary of $450,000, subject to merit-based increases, and minimum annual bonus of $250,000.
Twin Hospitality converts $31.2M debt to equity, issues 7.14M shares at $4.37
Cancelled $31,200,345 in liabilities due to FAT Brands and issued 7,139,667 Class A shares at $4.37/share.
Twin Hospitality Group Chief Development Officer Michael Locey Announces Retirement
Michael Locey, age 66, Chief Development Officer of Twin Hospitality Group Inc., announced his retirement on May 29, 2025.
Twin Hospitality to present at Noble Capital Markets virtual conference on June 4, 2025
Presentation uses an investor deck; no specific financial figures disclosed in the filing.
Twin Hospitality appoints Kim Boerema as permanent CEO, replacing interim Kuick
Boerema appointed President and CEO effective May 19, 2025; succeeds Kenneth Kuick (interim CEO since April 10).
Twin Hospitality Q1 revenue down 5.4%, net loss widens to $12.1M; cuts FY new openings to 3-4
Total revenue $87.1M, down 5.4% YoY; same-store sales declined 1.5%.
Twin Hospitality CEO Hummel resigns; CFO Kuick named interim CEO
CEO Joe Hummel and CLO Clay Mingus resign effective April 10, 2025, to pursue other opportunities.
Twin Hospitality Q4 revenue $86.5M (-8.2% YoY); net loss $12.0M; adjusted EBITDA $4.1M
Q4 total revenue $86.5M, down 8.2% vs prior year's 14-week period; Twin Peaks same-store sales -0.6%.
Twin Hospitality completes spin-off from FAT Brands; begins trading under TWNP
Distribution of ~5% of fully-diluted Class A Common Stock to FAT Brands stockholders as pro rata dividend on Jan 29, 2025.
Twin Hospitality Group Spin-Off from FAT Brands declared effective; distribution Jan 29
SEC declared Registration Statement effective on Jan 17, 2025 for Twin Hospitality spin-off from FAT Brands.
On May 29, 2025, Michael Locey, age 66, Chief Development Officer of Twin Hospitality Group Inc. (the “ Company ”), announced his intention to retire from the Company, effective as of June 6, 2025.
Mr. Boerema will replace Kenneth Kuick, who served as Interim Chief Executive Officer since April 10, 2025.
appointed Kim Boerema, age 61, as President and Chief Executive Officer of the Company, commencing May 19, 2025.
the Board of Directors removed Mr. Hummel as a Director of the Company
Joseph Hummel resigned as Chief Executive Officer of Twin Hospitality Group Inc.
appointed Kenneth Kuick, the Company’s current Chief Financial Officer, as Interim Chief Executive Officer of the Company, effective upon Mr. Hummel’s departure.
Clay Mingus resigned as Chief Legal Officer of the Company
Max materiality 1.00 · Median 0.70 · Most common event other_material