Twin Hospitality Group Inc. (TWNP) - Dilution Analysis
Visualizing historical and potential share dilution over time
Dilution Analysis
Risk Assessment Details
Summary
TWNP currently has 57.3M outstanding shares. with limited dilution risk as only 8.58M additional shares (15.0%) are authorized for issuance. The company has diluted shareholders by 20.52% over the past 2 years through share issuances.
Share Structure Timeline
Historical Data Points
| Date | Event | Outstanding | Supply |
|---|---|---|---|
| Nov 12, 2025 |
10-Q filing | 57.3M shares outstanding |
57M | 8.6M |
| Oct 17, 2025 |
S-1/A filing: This S-1/A filing from Twin Hospitality Group Inc. relates to the potential offer and sale of up to 10,885,725 shares of Class A Common Stock by White Lion Capital LLC, with Twin Hospitality Group Inc. potentially receiving up to $50.0 million in aggregate gross proceeds from sales of shares to White Lion pursuant to a Common Stock Purchase Agreement. |
55M | 11M |
| Oct 07, 2025 |
S-1 filing: This prospectus relates to the potential offer and sale from time to time by White Lion Capital LLC of up to 10,885,725 shares of Class A Common Stock of Twin Hospitality Group Inc., and we may receive up to $50.0 million in aggregate gross proceeds from White Lion in connection with sales of shares of our Class A Common Stock by us to White Lion pursuant to the Common Stock Purchase Agreement. |
55M | 11M |
| Jul 31, 2025 |
10-Q filing | 55.0M shares outstanding |
55M | 0 |
| Jun 09, 2025 |
8-K filing: Twin Hospitality Group Inc. issued 7,139,667 shares of Class A Common Stock to FAT Brands Inc. in exchange for the cancellation of $31,200,345 in liabilities due to affiliates at a price of $4.37 per share. ($31.2M proceeds) |
47M | 0 |
| May 09, 2025 |
10-Q filing | 47.3M shares outstanding |
47M | 0 |
| Feb 28, 2025 |
10-K filing | 47.3M shares outstanding |
47M | 0 |