FAT Brands Inc. and Twin Hospitality Group Inc. Form 8-K Filing
This Form 8-K filing details the completion of asset sales by FAT Brands Inc. and Twin Hospitality Group Inc. (collectively, "Debtors") as part of their Chapter 11 bankruptcy proceedings. The filings report on the approval and execution of purchase agreements for various brand assets. Specifically, FAT Brands Inc. entered into agreements to sell the "Hot Dog on a Stick" (HDOS) assets for $8 million and the "Elevation Burger" (EB) assets for $2.5 million. Additionally, FAT Brands Inc. sold the assets associated with brands including "Round Table Pizza," "Fatburger," "Marble Slab Creamery," and others for a credit bid of approximately $595 million. Twin Hospitality Group Inc. sold the assets related to the "Twin Peaks" brand for a credit bid of approximately $359.5 million. The sales were authorized by the Bankruptcy Court through various Sale Orders, with closures occurring on June 5, 2026, and June 15, 2026. The report also lists the relevant exhibits, including the asset purchase agreements and sale orders.