Company: Fat Brands, Inc

Form Type: 8-K

Filing Date: 2024-11-25

Corporate Action: Spin-off

Type: New

Accession Number: 000149315224047552

Comments: The announcement outlines the restructuring of FAT Brands’ Twin Peaks and Smokey Bones brands under a new holding company, Twin Hospitality Group Inc., as a precursor to its planned listing as a standalone public entity. The refinancing of their credit facility involves significant financial restructuring rather than a distribution of shares typical of a spin-off. The context seems to indicate a shift towards facilitating growth rather than a direct spin-off in the traditional sense.

Document Link: View Document