Brief: Fat Brands Provides Update To Warrant Holders In Connection With Twin Hospitality Spin-Off

Fat Brands

23/01/2025 16:39

Jan 23 (Reuters) - FAT Brands Inc  FAT.O :
    * FAT BRANDS PROVIDES UPDATE TO WARRANT HOLDERS IN
CONNECTION WITH
TWIN HOSPITALITY SPIN-OFF
    * FAT BRANDS INC: EXPECT THAT FAIR MARKET VALUE OF TWIN
COMMON
STOCK WILL BE SET AT $20.00 PER SHARE FOR PURPOSES OF WARRANT
ADJUSTMENT
    * FAT BRANDS: ON EXPECTATION OF FAIR MARKET VALUE OF TWIN
COMMON
STOCK,  DOWNWARD ADJUSTMENT OF WARRANT EXERCISE PRICE IS IN
EXCESS OF $2.2142

Source text:  ID:nGNX4TjGPg 
Further company coverage:  FAT.O 

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