Nasdaq Moves to Delist Twin Hospitality Group After Bankruptcy Filing

Reuters
2026.01.30 11:05
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Twin Hospitality Group Inc. is set to be delisted from Nasdaq following its voluntary Chapter 11 bankruptcy filing. The decision is due to concerns about the company's ability to meet listing requirements and the equity interests of current shareholders. Trading of its Class A Common Stock will be suspended on February 4, 2026, and the company will not appeal the decision. There is also a risk that shareholders' equity may be cancelled in the bankruptcy process.