Twin Hospitality Group Inc., parent company of Twin Peaks Restaurant, has filed voluntary Chapter 11 petitions in the U.S. Bankruptcy Court for the Southern District of Texas. The company aims to use the proceedings to strengthen its capital structure, deleverage its balance sheet, and maximize value for stakeholders while supporting the continued growth of its brands. Twin Hospitality expects its restaurants, including Twin Peaks and Smokey Bones, to remain open and operate as usual during the process. Trading of the company's securities on NASDAQ is expected to continue, with a "Q" suffix indicating the Chapter 11 status. Latham & Watkins LLP is serving as legal counsel, GLC Advisors & Co., LLC as investment banker, Huron Consulting Services LLC as financial advisor, and Omni Agent Solutions, Inc. as claims and noticing agent. Further information and court filings are available at Omni Agent Solutions' website.

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 GlobeNewswire (Ref. ID: GNW9642982-en) on January 27, 2026, and is solely responsible for the information contained therein.