TWNPQ · Twin Hospitality Group Inc.
$0.00
+0.00 (+0.00%)
At close · Aug 13
Going-concern doubt
— flagged Nov 12, 2025
Substantial doubt about the company's ability to continue as a going concern.
“These factors create substantial doubt about the Company's ability to continue as a going concern within the twelve-month period subsequent to the date that these financial statements are issued. While the Company believes its plans to restructure its indebtedness or obtain relief from the noteholders can alleviate the conditions that raise substantial doubt about the Company's ability to continue as a going concern, these plans are not within the Company's control and cannot be assessed as being probable of occurring.”View the 10-Q filed Nov 12, 2025
Market Cap
$5,732
Shares
57.33M
Named-executive compensation from the company's DEF 14A proxy statements — salary, bonus, stock and option awards, non-equity incentive, and the company-reported total per executive per fiscal year, exactly as disclosed in the Summary Compensation Table.
Fiscal 2024
| Executive | Role | Total |
|---|---|---|
| Joseph Hummel | Former Chief Executive Officer | $709,903 |
| Clay C. Mingus | Former Chief Legal Officer | $457,684 |
| Michael Locey | Former Chief Development Officer | $398,251 |
| Kenneth J. Kuick | Chief Financial Officer | — |
Fiscal 2023
| Executive | Role | Total |
|---|---|---|
| Joseph Hummel | Former Chief Executive Officer | $705,549 |
| Michael Locey | Former Chief Development Officer | $387,271 |
| Kenneth J. Kuick | Chief Financial Officer | — |
Executive changes
| Person | Role | Change | Filed |
|---|---|---|---|
| Keshav Lall | interim Chief Executive Officer | Appointed | 2026-04-29 |
| Taylor Wiederhorn | Chief Development Officer | Terminated | 2026-03-30 |
| Mason Wiederhorn | Chief Brand Officer | Terminated | 2026-03-30 |
| Thayer Wiederhorn | Chief Operating Officer | Terminated | 2026-03-30 |
| Neal Goldman | Independent Director | Appointed | 2026-01-27 |
| Patrick Bartels | Independent Director | Appointed | 2026-01-27 |
| James Ellis | Board of Directors | Resigned | 2025-12-31 |
| Andrew A. Wiederhorn | Director | Appointed | 2025-12-31 |
| David Jobe | Director | Appointed | 2025-12-31 |
| Lynne L. Collier | Director | Appointed | 2025-12-31 |
| Kenneth J. Anderson | Director | Appointed | 2025-12-31 |
| Andrew Wiederhorn | President and Chief Executive Officer | Appointed | 2025-12-29 |
| Kim Boerema | President and Chief Executive Officer | Terminated | 2025-12-29 |
| James Ellis | director | Resigned | 2025-12-02 |
| Andrew Wiederhorn | director of the Company | Appointed | 2025-08-22 |
| Andrew Wiederhorn | Chairman of the Board of Directors | Appointed | 2025-08-22 |
| Kim Boerema | President and Chief Executive Officer | Appointed | 2025-07-11 |
| Michael Locey | Chief Development Officer | Retired | 2025-06-04 |
| Kim Boerema | President and Chief Executive Officer | Appointed | 2025-05-19 |
| Kenneth Kuick | Interim Chief Executive Officer | Appointed | 2025-03-31 |
| Joseph Hummel | Director | Terminated | 2025-03-31 |
| Clay Mingus | Chief Legal Officer | Resigned | 2025-03-31 |
| Joseph Hummel | Chief Executive Officer | Resigned | 2025-03-31 |