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

Reuters
24 Jan
BRIEF-Fat Brands Provides Update To Warrant Holders In Connection With Twin Hospitality Spin-Off

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

((Reuters.Briefs@thomsonreuters.com;))

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