FAT Brands Provides Update to Warrant Holders in connection with Twin Hospitality Spin-Off
LOS ANGELES, Jan. 23, 2025 (GLOBE NEWSWIRE) -- FAT (Fresh. Authentic. Tasty.) Brands Inc. (NASDAQ:FAT), a leading global franchising company, previously announced a partial spin-off of its subsidiary, Twin Hospitality Group Inc. ("Twin Hospitality"), in the form of a special stock dividend to FAT Brands' common stockholders. As announced, the dividend will consist of 0.1520207 shares of Class A Common Stock of Twin Hospitality ("Twin Common Stock") for each one share of FAT Brands Class A Common Stock and Class B Common Stock outstanding as of the close of trading on January 27, 2025 (the "record date"). Holders of FAT Brands' outstanding Warrants (NASDAQ:FATBW) who wish to receive the di
