Twin Hospitality Group Inc. Cancels $31.2M Debt, Issues 7.14M Shares to FAT Brands in Stock Exchange

Reuters
06-09
<a href="https://laohu8.com/S/TWNP">Twin Hospitality Group Inc</a>. Cancels $31.2M Debt, Issues 7.14M Shares to FAT Brands in Stock Exchange

On June 4, 2025, Twin Hospitality Group Inc. entered into an Exchange Agreement with FAT Brands Inc., exchanging liabilities for additional shares of Class A Common Stock. Twin Hospitality Group cancelled liabilities of $31,200,345 and issued 7,139,667 shares to FAT Brands at $4.37 per share.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Twin Hospitality Group Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001641172-25-014208), on June 09, 2025, and is solely responsible for the information contained therein.

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