Hostess Brands, Inc. Warrants Expire

Rhea-AI Summary

Hostess Brands, Inc. (Nasdaq: TWNK, TWNKW) announced the expiration of its warrants to acquire Class A Common Stock, effective at 5:00 p.m. EDT on November 4, 2021. The trading of these warrants will be suspended before the opening of the Nasdaq on November 5, 2021. Despite this development, the listing of Hostess Brands' Class A Common Stock will remain unaffected. Hostess Brands is renowned for its sweet snacks, producing iconic products like Twinkies and Donettes across North America.

Positive

• The expiration of warrants does not affect the trading of Hostess Brands' Class A Common Stock.
• Hostess Brands continues to operate and produce well-known snack products.

Negative

• None.

LENEXA, Kan.--(BUSINESS WIRE)-- Hostess Brands, Inc. (Nasdaq: TWNK, TWNKW) (the “Company”), a leading sweet snacks company, announced today that the Company’s warrants to acquire shares of its Class A Common Stock expired in accordance with their terms as of 5:00 p.m. EDT, on November 4, 2021. As a result, trading of the warrants on the Nasdaq Stock Market LLC (“Nasdaq”) will be suspended prior to the opening on November 5, 2021.

The listing of the Company’s Class A Common Stock, which is traded on Nasdaq under the ticker symbol “TWNK,” will not be affected by the expiration and delisting of the Company’s warrants.

About Hostess Brands, Inc.

Hostess Brands, Inc. is a leading sweet snacks company focused on developing, manufacturing, marketing, selling and distributing products in North America under the Hostess® and Voortman® brands. The Company produces a variety of new and classic treats including iconic Hostess® Donettes®, Twinkies®, CupCakes, Ding Dongs® and Zingers®, as well as a variety of Voortman® cookies and wafers. For more information about Hostess Brands, Inc., please visit www.hostessbrands.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20211104006431/en/

Investors, please contact:

Amit Sharma

816-701-4662

asharma@hostessbrands.com



Media, please contact:

Hannah Arnold and Marie Espinel

The LAKPR Group

harnold@lakpr.com and mespinel@lakpr.com

Source: Hostess Brands, Inc.

FAQ

What happened to the Hostess Brands warrants on November 4, 2021?

The warrants for Hostess Brands expired at 5:00 p.m. EDT on November 4, 2021.

How will the expiration of warrants impact TWNK stock?

The expiration of the warrants will not affect the trading of Hostess Brands' Class A Common Stock (TWNK).

When will the trading of Hostess Brands warrants be suspended?

Trading of the warrants will be suspended prior to the opening of Nasdaq on November 5, 2021.

What is the ticker symbol for Hostess Brands?

Hostess Brands trades under the ticker symbols TWNK and TWNKW on Nasdaq.