Highest-materiality recent filing
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 terminates CEO Kim Boerema, appoints Chairman Andy Wiederhorn as CEO
Kim Boerema terminated as President and CEO, effective December 29, 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.
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 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).
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.
Max materiality 1.00 · Median 0.68 · Most common event leadership