[8-K] Twin Hospitality Group Inc. Reports Material Event
Twin Hospitality Group Inc. reported that on August 4, 2025 it received a Nasdaq notice stating its Market Value of Publicly Held Shares (MVPHS) closed below the required $15,000,000 threshold for 30 consecutive business days ended July 28, 2025. Under Nasdaq rules the company has a 180-calendar-day compliance period from the notice date and may regain compliance if MVPHS equals or exceeds $15,000,000 for at least ten consecutive business days.
The company says it has already taken steps to increase the public float and intends to take additional reasonable steps to maintain its Global Market listing. The notice does not immediately affect the listing, and the company intends to apply to transfer its Class A common stock to the Nasdaq Capital Market if it cannot regain compliance during the compliance period.
Twin Hospitality Group Inc. ha comunicato che in data 4 agosto 2025 ha ricevuto una comunicazione da Nasdaq che il valore di mercato delle azioni detenute dal pubblico (MVPHS) 猫 risultato inferiore alla soglia richiesta di $15,000,000 per 30 giorni lavorativi consecutivi terminati il 28 luglio 2025. Secondo le regole di Nasdaq, la societ脿 dispone di un periodo di conformit脿 di 180 giorni di calendario a partire dalla data della comunicazione e potr脿 recuperare la conformit脿 se il MVPHS raggiunge o supera i $15,000,000 per almeno dieci giorni lavorativi consecutivi.
La societ脿 dichiara di aver gi脿 adottato misure per aumentare il flottante e di avere l'intenzione di intraprendere ulteriori azioni ragionevoli per mantenere la quotazione sul Nasdaq Global Market. La comunicazione non influisce immediatamente sulla quotazione e, qualora non riesca a ristabilire la conformit脿 nel periodo previsto, la societ脿 intende presentare domanda per trasferire le proprie azioni ordinarie di Classe A al Nasdaq Capital Market.
Twin Hospitality Group Inc. inform贸 que el 4 de agosto de 2025 recibi贸 un aviso de Nasdaq indicando que el Valor de Mercado de las Acciones en Mano del P煤blico (MVPHS) cerr贸 por debajo del umbral requerido de $15,000,000 durante 30 d铆as h谩biles consecutivos terminados el 28 de julio de 2025. Seg煤n las normas de Nasdaq, la compa帽铆a cuenta con un per铆odo de cumplimiento de 180 d铆as naturales desde la fecha del aviso y podr谩 volver a estar en cumplimiento si el MVPHS alcanza o supera los $15,000,000 durante al menos diez d铆as h谩biles consecutivos.
La compa帽铆a afirma que ya ha tomado medidas para aumentar el flotante p煤blico y que tiene la intenci贸n de adoptar pasos adicionales razonables para mantener su cotizaci贸n en el Nasdaq Global Market. El aviso no afecta de forma inmediata la cotizaci贸n y, si no logra recuperar el cumplimiento durante el periodo de correcci贸n, la compa帽铆a tiene la intenci贸n de solicitar la transferencia de sus acciones ordinarias Clase A al Nasdaq Capital Market.
Twin Hospitality Group Inc.電� 2025雲� 8鞗� 4鞚� Nasdaq搿滊秬韯� 瓿店皽 氤挫湢 欤检嫕鞚� 鞁滌灔 臧�旃�(MVPHS)臧� $15,000,000鞚� 鞖旉惮 旮办 鞚错晿搿� 2025雲� 7鞗� 28鞚�搿� 膦呺霅橂姅 30鞓侅梾鞚� 鞐办啀 旮瓣皠 霃欖晥 鞙犾霅橃棃雼る姅 韱奠毳� 氚涭晿雼り碃 氤搓碃頄堨姷雼堧嫟. Nasdaq 攴滌爼鞐� 霐半澕 須岇偓電� 韱奠鞚茧攵�韯� 180鞚�(雼牓鞚� 旮办)鞚� 欷�靾� 旮瓣皠鞚� 臧�歆�氅�, MVPHS臧� 鞝侅柎霃� 鞐�(10) 鞓侅梾鞚� 鞐办啀鞙茧 $15,000,000 鞚挫儊鞚� 霅橂┐ 欷�靾橂ゼ 須岆车頃� 靾� 鞛堨姷雼堧嫟.
須岇偓電� 鞚措 瓿店皽 鞙犿喌 欤检嫕 靾�(頂岆韸�)毳� 電橂Μ旮� 鞙勴暅 臁办箻毳� 旆枅鞙茧┌, Nasdaq Global Market鞐� 雽�頃� 靸侅灔鞚� 鞙犾頃橁赴 鞙勴暣 於旉皜鞝侅澑 頃╇Μ鞝� 臁办箻毳� 旆暊 瓿勴殟鞚措澕瓿� 氚濏様鞀惦媹雼�. 鞚� 韱奠電� 歃夓嫓 靸侅灔鞐� 鞓來枼鞚� 欤检 鞎婌溂氅�, 欷�靾� 須岆车鞐� 鞁ろ尐頃� 瓴届毎 Class A 氤错喌欤检潣 Nasdaq Capital Market搿滌潣 鞝勴櫂鞚� 鞁犾箔頃� 鞓堨爼鞛呺媹雼�.
Twin Hospitality Group Inc. a indiqu茅 que le 4 ao没t 2025 elle a re莽u un avis de Nasdaq pr茅cisant que la valeur de march茅 des actions d茅tenues par le public (MVPHS) 茅tait inf茅rieure au seuil requis de $15,000,000 pendant 30 jours ouvrables cons茅cutifs se terminant le 28 juillet 2025. Conform茅ment aux r猫gles de Nasdaq, la soci茅t茅 dispose d'une p茅riode de conformit茅 de 180 jours civils 脿 compter de la date de l'avis et pourra retrouver la conformit茅 si le MVPHS atteint ou d茅passe $15,000,000 pendant au moins dix jours ouvrables cons茅cutifs.
La soci茅t茅 indique avoir d茅j脿 pris des mesures pour augmenter le flottant public et entend prendre des mesures suppl茅mentaires raisonnables pour maintenir sa cotation sur le Nasdaq Global Market. L'avis n'affecte pas imm茅diatement la cotation et, si elle ne parvient pas 脿 r茅tablir la conformit茅 pendant la p茅riode de conformit茅, la soci茅t茅 a l'intention de demander le transfert de ses actions ordinaires de classe A vers le Nasdaq Capital Market.
Die Twin Hospitality Group Inc. teilte mit, dass sie am 4. August 2025 eine Mitteilung von Nasdaq erhalten hat, wonach der Marktwert der 枚ffentlich gehaltenen Aktien (MVPHS) w盲hrend eines Zeitraums von 30 aneinanderfolgenden B枚rsentagen, der am 28. Juli 2025 endete, unter der geforderten Schwelle von $15,000,000 lag. Nach den Nasdaq-Regeln hat das Unternehmen ab dem Datum der Mitteilung einen 180 Kalendertage langen Compliance-Zeitraum und kann die Einhaltung wiederherstellen, wenn der MVPHS f眉r mindestens zehn aufeinanderfolgende B枚rsentage $15,000,000 erreicht oder 眉bersteigt.
Das Unternehmen erkl盲rt, bereits Ma脽nahmen zur Erh枚hung des Streubesitzes ergriffen zu haben und beabsichtigt, weitere angemessene Schritte zu unternehmen, um die Notierung am Nasdaq Global Market aufrechtzuerhalten. Die Mitteilung wirkt sich nicht sofort auf die Notierung aus, und falls die Compliance w盲hrend des festgelegten Zeitraums nicht wiederhergestellt werden kann, beabsichtigt die Gesellschaft, die 脺bertragung ihrer Stammaktien der Klasse A in den Nasdaq Capital Market zu beantragen.
- None.
- None.
Insights
TL;DR: Nasdaq notice is a material listing risk; company has 180 days to restore MVPHS to $15M or face a transfer from the Global Market.
The filing discloses a clear, material compliance deficiency: the MVPHS closed below $15,000,000 for 30 consecutive business days through July 28, 2025. Nasdaq鈥檚 180-calendar-day remediation window gives the company time to increase its public float, but failure to achieve the required MVPHS for ten consecutive business days will likely result in a transfer to the Nasdaq Capital Market. This is a negative governance and market-access event that could affect liquidity and investor perception until cured.
TL;DR: The company has a defined remediation path and has signaled proactive steps; transfer to the Capital Market is a stated contingency.
The disclosure is procedural and specific: Nasdaq provided a formal notice and a 180-day compliance period. The company has already initiated actions to increase public float and acknowledges the Capital Market transfer option if compliance is not restored. From a governance perspective, management has acknowledged the issue publicly and outlined remedial intentions, which is appropriate disclosure practice.
Twin Hospitality Group Inc. ha comunicato che in data 4 agosto 2025 ha ricevuto una comunicazione da Nasdaq che il valore di mercato delle azioni detenute dal pubblico (MVPHS) 猫 risultato inferiore alla soglia richiesta di $15,000,000 per 30 giorni lavorativi consecutivi terminati il 28 luglio 2025. Secondo le regole di Nasdaq, la societ脿 dispone di un periodo di conformit脿 di 180 giorni di calendario a partire dalla data della comunicazione e potr脿 recuperare la conformit脿 se il MVPHS raggiunge o supera i $15,000,000 per almeno dieci giorni lavorativi consecutivi.
La societ脿 dichiara di aver gi脿 adottato misure per aumentare il flottante e di avere l'intenzione di intraprendere ulteriori azioni ragionevoli per mantenere la quotazione sul Nasdaq Global Market. La comunicazione non influisce immediatamente sulla quotazione e, qualora non riesca a ristabilire la conformit脿 nel periodo previsto, la societ脿 intende presentare domanda per trasferire le proprie azioni ordinarie di Classe A al Nasdaq Capital Market.
Twin Hospitality Group Inc. inform贸 que el 4 de agosto de 2025 recibi贸 un aviso de Nasdaq indicando que el Valor de Mercado de las Acciones en Mano del P煤blico (MVPHS) cerr贸 por debajo del umbral requerido de $15,000,000 durante 30 d铆as h谩biles consecutivos terminados el 28 de julio de 2025. Seg煤n las normas de Nasdaq, la compa帽铆a cuenta con un per铆odo de cumplimiento de 180 d铆as naturales desde la fecha del aviso y podr谩 volver a estar en cumplimiento si el MVPHS alcanza o supera los $15,000,000 durante al menos diez d铆as h谩biles consecutivos.
La compa帽铆a afirma que ya ha tomado medidas para aumentar el flotante p煤blico y que tiene la intenci贸n de adoptar pasos adicionales razonables para mantener su cotizaci贸n en el Nasdaq Global Market. El aviso no afecta de forma inmediata la cotizaci贸n y, si no logra recuperar el cumplimiento durante el periodo de correcci贸n, la compa帽铆a tiene la intenci贸n de solicitar la transferencia de sus acciones ordinarias Clase A al Nasdaq Capital Market.
Twin Hospitality Group Inc.電� 2025雲� 8鞗� 4鞚� Nasdaq搿滊秬韯� 瓿店皽 氤挫湢 欤检嫕鞚� 鞁滌灔 臧�旃�(MVPHS)臧� $15,000,000鞚� 鞖旉惮 旮办 鞚错晿搿� 2025雲� 7鞗� 28鞚�搿� 膦呺霅橂姅 30鞓侅梾鞚� 鞐办啀 旮瓣皠 霃欖晥 鞙犾霅橃棃雼る姅 韱奠毳� 氚涭晿雼り碃 氤搓碃頄堨姷雼堧嫟. Nasdaq 攴滌爼鞐� 霐半澕 須岇偓電� 韱奠鞚茧攵�韯� 180鞚�(雼牓鞚� 旮办)鞚� 欷�靾� 旮瓣皠鞚� 臧�歆�氅�, MVPHS臧� 鞝侅柎霃� 鞐�(10) 鞓侅梾鞚� 鞐办啀鞙茧 $15,000,000 鞚挫儊鞚� 霅橂┐ 欷�靾橂ゼ 須岆车頃� 靾� 鞛堨姷雼堧嫟.
須岇偓電� 鞚措 瓿店皽 鞙犿喌 欤检嫕 靾�(頂岆韸�)毳� 電橂Μ旮� 鞙勴暅 臁办箻毳� 旆枅鞙茧┌, Nasdaq Global Market鞐� 雽�頃� 靸侅灔鞚� 鞙犾頃橁赴 鞙勴暣 於旉皜鞝侅澑 頃╇Μ鞝� 臁办箻毳� 旆暊 瓿勴殟鞚措澕瓿� 氚濏様鞀惦媹雼�. 鞚� 韱奠電� 歃夓嫓 靸侅灔鞐� 鞓來枼鞚� 欤检 鞎婌溂氅�, 欷�靾� 須岆车鞐� 鞁ろ尐頃� 瓴届毎 Class A 氤错喌欤检潣 Nasdaq Capital Market搿滌潣 鞝勴櫂鞚� 鞁犾箔頃� 鞓堨爼鞛呺媹雼�.
Twin Hospitality Group Inc. a indiqu茅 que le 4 ao没t 2025 elle a re莽u un avis de Nasdaq pr茅cisant que la valeur de march茅 des actions d茅tenues par le public (MVPHS) 茅tait inf茅rieure au seuil requis de $15,000,000 pendant 30 jours ouvrables cons茅cutifs se terminant le 28 juillet 2025. Conform茅ment aux r猫gles de Nasdaq, la soci茅t茅 dispose d'une p茅riode de conformit茅 de 180 jours civils 脿 compter de la date de l'avis et pourra retrouver la conformit茅 si le MVPHS atteint ou d茅passe $15,000,000 pendant au moins dix jours ouvrables cons茅cutifs.
La soci茅t茅 indique avoir d茅j脿 pris des mesures pour augmenter le flottant public et entend prendre des mesures suppl茅mentaires raisonnables pour maintenir sa cotation sur le Nasdaq Global Market. L'avis n'affecte pas imm茅diatement la cotation et, si elle ne parvient pas 脿 r茅tablir la conformit茅 pendant la p茅riode de conformit茅, la soci茅t茅 a l'intention de demander le transfert de ses actions ordinaires de classe A vers le Nasdaq Capital Market.
Die Twin Hospitality Group Inc. teilte mit, dass sie am 4. August 2025 eine Mitteilung von Nasdaq erhalten hat, wonach der Marktwert der 枚ffentlich gehaltenen Aktien (MVPHS) w盲hrend eines Zeitraums von 30 aneinanderfolgenden B枚rsentagen, der am 28. Juli 2025 endete, unter der geforderten Schwelle von $15,000,000 lag. Nach den Nasdaq-Regeln hat das Unternehmen ab dem Datum der Mitteilung einen 180 Kalendertage langen Compliance-Zeitraum und kann die Einhaltung wiederherstellen, wenn der MVPHS f眉r mindestens zehn aufeinanderfolgende B枚rsentage $15,000,000 erreicht oder 眉bersteigt.
Das Unternehmen erkl盲rt, bereits Ma脽nahmen zur Erh枚hung des Streubesitzes ergriffen zu haben und beabsichtigt, weitere angemessene Schritte zu unternehmen, um die Notierung am Nasdaq Global Market aufrechtzuerhalten. Die Mitteilung wirkt sich nicht sofort auf die Notierung aus, und falls die Compliance w盲hrend des festgelegten Zeitraums nicht wiederhergestellt werden kann, beabsichtigt die Gesellschaft, die 脺bertragung ihrer Stammaktien der Klasse A in den Nasdaq Capital Market zu beantragen.
FAQ
What did Nasdaq notify Twin Hospitality (TWNP) about?
When did the deficiency period end and when was the notice dated?
How long does TWNP have to regain compliance?
Does this notice immediately affect TWNP鈥檚 Nasdaq listing?
What will the company do if it cannot regain compliance?
What remedial actions has the company announced?
