Selling Pressure For Twin Hospitality As FAT Brands Hires Restructuring Advisors [Seeking Alpha]
FAT Brands Inc. - Class B (FATBB)
Company Research
Source: Seeking Alpha
FAT's recent SEC filing signals its intent to sell TWNP shares, which could overwhelm TWNP's low average daily trading volume. FAT has hired a restructuring advisor, while creditors have engaged Houlihan Lokey, highlighting the seriousness of FAT's financial situation. The anticipated sale of TWNP shares by FAT is likely to negatively impact TWNP's stock price due to market supply-demand dynamics. felixmizioznikov/iStock Editorial via Getty Images Twin Hospitality ( TWNP ) is set to see downward selling pressure as FAT Brands ( FAT ), its parent company, looks set to start liquidating its large stake to address a $1.2 billion total This article was written by Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha)
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