Twin Hospitality (NASDAQ: TWNP), the owner of the Twin Peaks and Smokey Bones restaurant brands, has completed its spinoff from FAT Brands (NASDAQ: FAT), a leading global franchising company and parent company of 18 iconic brands. In conjunction with the spin-off, Twin Hospitality Class A Common Stock began trading under the symbol TWNP on the Nasdaq Global Market. Roth Capital Partners acted as financial advisor for the transaction.
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About Twin Peaks
Founded in 2005 in the Dallas suburb of Lewisville, Twin Peaks franchises and owns 115 restaurants in the United States and Mexico. Twin Peaks is the ultimate sports lodge featuring made-from-scratch food and the coldest beer in the business, surrounded by scenic views and wall-to-wall TVs. For more information, visit TwinPeaksRestaurant.com.
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