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Twin Peaks goes public
Restaurant opening: Twin Peaks goes public as part of a spinoff from FAT Brands
Twin Hospitality Group (NASDAQ:TWNP) began trading on Thursday after FAT Brands (NASDAQ:FAT) distributed 5% of the new restaurant holding company's shares to its existing shareholders, while retaining 95% ownership.
Twin Peaks goes public in spinoff from Fat Brands
Shares in the sports-bar chain opened at $17.45 on the Nasdaq on Thursday. Proceeds will be used to pay down debt and fuel expansion.
Sports bar chain Twin Peaks is going public. These restaurant companies are the next to watch.
Sports bar chain Twin Peaks starts trading Thursday on the Nasdaq using the ticker “TWNP,” making it the first restaurant initial public offering of the new year and a potential litmus test for others looking to go public.
restaurantdive
2d
What’s driving Twin Peaks’ growth and $5M AUVs
The sports bar chain, which is now publicly traded, leans on its menu diversity, service model and alcohol mix to target $1 ...
6d
As Twin Peaks preps for Nasdaq debut, CEO reveals growth goals
A restaurant chain with more than 100 locations that's known for its sports-bar vibe and all-female waitstaff.
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