FAT Brands Provides Update to Warrant Holders in connection with Twin Hospitality Spin-Off
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FAT Brands Inc. announced a partial spin-off of its subsidiary, Twin Hospitality Group Inc., through a special stock dividend to its common stockholders. Shareholders will receive 0.1520207 shares of Twin Hospitality for each share of FAT Brands Class A and B Common Stock held as of January 27, 2025.
January 23, 2025 | 5:00 pm
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FAT Brands is executing a partial spin-off of Twin Hospitality Group, offering a special stock dividend to its shareholders. This move could impact FAT's stock price as it may alter the company's asset base and shareholder value.
The spin-off of Twin Hospitality Group as a special stock dividend is likely to be viewed positively by investors, as it could unlock value and provide shareholders with additional equity in a new entity. This could lead to a short-term increase in FAT's stock price.
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