<SUBMISSION>
<ACCESSION-NUMBER>0000950142-16-004741
<TYPE>SC 13D
<PUBLIC-DOCUMENT-COUNT>1
<FILING-DATE>20161114
<DATE-OF-FILING-DATE-CHANGE>20161114
<GROUP-MEMBERS>C. DEAN METROPOULOS
<GROUP-MEMBERS>CDM HOSTESS CLASS C, LLC
<GROUP-MEMBERS>HOSTESS CDM CO-INVEST, LLC
<SUBJECT-COMPANY>
<COMPANY-DATA>
<CONFORMED-NAME>Hostess Brands, Inc.
<CIK>0001644406
<ASSIGNED-SIC>2050
<IRS-NUMBER>000000000
<STATE-OF-INCORPORATION>DE
<FISCAL-YEAR-END>1231
</COMPANY-DATA>
<FILING-VALUES>
<FORM-TYPE>SC 13D
<ACT>34
<FILE-NUMBER>005-88982
<FILM-NUMBER>161996039
</FILING-VALUES>
<BUSINESS-ADDRESS>
<STREET1>1 EAST ARMOUR BOULEVARD
<CITY>KANSAS CITY
<STATE>MO
<ZIP>64111
<PHONE>816-701-4600
</BUSINESS-ADDRESS>
<MAIL-ADDRESS>
<STREET1>1 EAST ARMOUR BOULEVARD
<CITY>KANSAS CITY
<STATE>MO
<ZIP>64111
</MAIL-ADDRESS>
<FORMER-COMPANY>
<FORMER-CONFORMED-NAME>Gores Holdings, Inc.
<DATE-CHANGED>20150608
</FORMER-COMPANY>
</SUBJECT-COMPANY>
<FILED-BY>
<COMPANY-DATA>
<CONFORMED-NAME>Hostess CDM Co-Invest, LLC
<CIK>0001689843
<IRS-NUMBER>814308918
<STATE-OF-INCORPORATION>DE
<FISCAL-YEAR-END>1231
</COMPANY-DATA>
<FILING-VALUES>
<FORM-TYPE>SC 13D
</FILING-VALUES>
<BUSINESS-ADDRESS>
<STREET1>200 GREENWICH AVENUE
<CITY>GREENWICH
<STATE>CT
<ZIP>06830
<PHONE>203-629-6644
</BUSINESS-ADDRESS>
<MAIL-ADDRESS>
<STREET1>200 GREENWICH AVENUE
<CITY>GREENWICH
<STATE>CT
<ZIP>06830
</MAIL-ADDRESS>
</FILED-BY>
<DOCUMENT>
<TYPE>SC 13D
<SEQUENCE>1
<FILENAME>eh1601130_13d-hostess.htm
<DESCRIPTION>SC 13D
<TEXT>
<html>
<head>
<title>Unassociated Document</title>
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</font><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-WEIGHT: bold">UNITED STATES</font><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif"><br />
</font><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-WEIGHT: bold">SECURITIES AND EXCHANGE COMMISSION</font><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif"><br />
</font>Washington, D.C. 20549</div>

<div style="FONT-SIZE: 14pt; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-WEIGHT: bold; TEXT-ALIGN: center">SCHEDULE 13D</div>

<div><br />
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<div style="TEXT-ALIGN: center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif">Under the Securities Exchange Act of 1934*<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif"><br />
</font></font><br />
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<table id="z1dd21e09b6594ff5bd3e1bc3add01645" style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; WIDTH: 100%" cellspacing="0" cellpadding="0">
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<div style="FONT-SIZE: 14pt; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-WEIGHT: bold; TEXT-ALIGN: center">Hostess Brands, Inc.</div>
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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: center">(Name of Issuer)</div>
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<div style="FONT-SIZE: 14pt; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-WEIGHT: bold; TEXT-ALIGN: center">Class A Common Stock, $0.0001 par value</div>
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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: center">(Title of Class of Securities)</div>
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<td style="WIDTH: 100%; VERTICAL-ALIGN: top">&#160;</td>
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<div style="FONT-SIZE: 14pt; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-WEIGHT: bold; COLOR: #000000; TEXT-ALIGN: center">382866101</div>
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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: center">(CUSIP Number)</div>
</td>
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<td style="WIDTH: 100%; VERTICAL-ALIGN: top">&#160;</td>
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<div style="FONT-SIZE: 14pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: center">C. Dean Metropoulos</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: center">Chairman and Chief Executive Officer of Metropoulos &amp; Co.</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: center">200 Greenwich Avenue<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif"><br />
</font>Greenwich, Connecticut 06830<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif"><br />
</font>Fax: (203) 629-6660</div>

<div>&#160;</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: center">With a copy to:</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: center">Paul, Weiss, Rifkind, Wharton &amp; Garrison LLP<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif"><br />
</font>1285 Avenue of the Americas<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif"><br />
</font>New York, NY&#160; 10019-6064<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif"><br />
</font>Attention: John C. Kennedy<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif"><br />
</font>Fax: (212) 757-3990<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif"><br />
</font>Email: jkennedy@paulweiss.com</div>
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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: center">(Name, Address and Telephone Number of Person<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif"><br />
</font>Authorized to Receive Notices and Communications)</div>
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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: center">November 14, 2016</div>
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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: center">(Date of Event which Requires Filing of this Statement)</div>
</td>
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</table>

<div><br />
</div>

<div style="MARGIN-BOTTOM: 12pt; FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: justify">If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box. &#9744;</div>

<div style="MARGIN-BOTTOM: 12pt; FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-WEIGHT: bold">Note:</font>&#160; Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits.&#160; See Rule 13d-7 for other parties to whom copies are to be sent.</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left">*The remainder of this cover page shall be filled out for a reporting person&#8217;s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left">&#160;</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left">The information required on the remainder of this cover page shall not be deemed to be &#8220;filed&#8221; for the purpose of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities of that section of the Act but shall be&#160; subject to all other&#160; provisions of the Act&#160; (however, see the Notes).</div>
</div>

<div>&#160;</div>

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<div>&#160;</div>

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<table id="c7130e170ed94bbe85d3e2fd6c61a611" style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; WIDTH: 100%" cellspacing="0" cellpadding="2">
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<div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">CUSIP No.&#160; 382866101</div>
</td>
<td style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; WIDTH: 60%; FONT-WEIGHT: bold; TEXT-ALIGN: center; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" valign="top">SCHEDULE 13D</td>
<td style="BORDER-TOP: black 2px solid; BORDER-RIGHT: black 2px solid; WIDTH: 20%; BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right; BORDER-LEFT: black 2px solid" valign="top">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; TEXT-ALIGN: right; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">Page&#160;2 of&#160; 15</div>
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&#160;</div>
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<div style="TEXT-ALIGN: left">
<table id="3303d42fea72479796076b244c39913d" style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; WIDTH: 100%" cellspacing="0" cellpadding="2">
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<div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">1</div>
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<div>
<div>NAME OF REPORTING PERSON OR</div>

<div>I.R.S. IDENTIFICATION NO. OF ABOVE PERSON</div>

<div>&#160;</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left">C. Dean Metropoulos</div>
</div>
</td>
<td style="FONT-SIZE: 8pt; BORDER-TOP: #000000 2px solid; FONT-FAMILY: arial; BORDER-RIGHT: #000000 2px solid; WIDTH: 10%; BORDER-BOTTOM: black 2px solid" valign="top">&#160; </td>
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<td style="WIDTH: 10%; BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" valign="top">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">2</div>
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<td style="WIDTH: 80%; BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; BORDER-LEFT: black 2px solid; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" valign="top">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP</div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>
</td>
<td style="BORDER-RIGHT: #000000 2px solid; WIDTH: 10%; BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" valign="top">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">(a)&#160;&#160;&#9746;</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">(b)&#160; &#9744;</div>
</td>
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<div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">3</div>
</td>
<td style="WIDTH: 80%; BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; BORDER-LEFT: black 2px solid; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" valign="top">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">SEC USE ONLY</div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>
</td>
<td style="FONT-SIZE: 8pt; FONT-FAMILY: arial; BORDER-RIGHT: #000000 2px solid; WIDTH: 10%; BORDER-BOTTOM: black 2px solid" valign="top">&#160; </td>
</tr>

<tr>
<td style="WIDTH: 10%; BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" valign="top">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">4</div>
</td>
<td style="WIDTH: 80%; BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; BORDER-LEFT: black 2px solid; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" valign="top">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">SOURCE OF FUNDS</div>

<div style="TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">&#160;</div>

<div style="TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">OO</div>
</td>
<td style="FONT-SIZE: 8pt; FONT-FAMILY: arial; BORDER-RIGHT: #000000 2px solid; WIDTH: 10%; BORDER-BOTTOM: black 2px solid" valign="top">&#160; </td>
</tr>

<tr>
<td style="WIDTH: 10%; BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" valign="top">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">5</div>
</td>
<td style="FONT-FAMILY: 'Times New Roman', Times, serif; WIDTH: 80%; BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left; BORDER-LEFT: black 2px solid" valign="top">
<div>CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)</div>

<div>&#160;</div>

<div>&#160;</div>
</td>
<td style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; BORDER-RIGHT: #000000 2px solid; WIDTH: 10%; BORDER-BOTTOM: black 2px solid" valign="top">&#9744;</td>
</tr>

<tr>
<td style="WIDTH: 10%; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" valign="top">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">6</div>
</td>
<td style="FONT-FAMILY: 'Times New Roman', Times, serif; WIDTH: 80%; TEXT-ALIGN: left; BORDER-LEFT: black 2px solid" valign="top">
<div>CITIZENSHIP OR PLACE OF ORGANIZATION</div>

<div>&#160;</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left">United States</div>
</td>
<td style="FONT-SIZE: 8pt; FONT-FAMILY: arial; BORDER-RIGHT: #000000 2px solid; WIDTH: 10%" valign="top">&#160; </td>
</tr>
</table>
</div>

<div style="TEXT-ALIGN: left; DISPLAY: block; TEXT-INDENT: 0pt">
<table id="cf88de262f78494f8afd0965204a4074" style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; WIDTH: 100%" cellspacing="0" cellpadding="2">
<tr>
<td style="BORDER-TOP: #000000 2px solid; WIDTH: 18%; PADDING-BOTTOM: 2px; TEXT-ALIGN: center; BORDER-LEFT: #000000 2px solid" valign="middle" rowspan="4">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; TEXT-ALIGN: center; DISPLAY: block; TEXT-INDENT: 0pt">NUMBER OF</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; TEXT-ALIGN: center; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">SHARES</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; TEXT-ALIGN: center; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">BENEFICIALLY </div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; TEXT-ALIGN: center; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">OWNED BY EACH </div>

<div style="TEXT-ALIGN: center; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">REPORTING </font><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">PERSON</font></div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; TEXT-ALIGN: center; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">WITH</div>
</td>
<td style="BORDER-TOP: #000000 2px solid; WIDTH: 4%; BORDER-BOTTOM: black 2px solid; BORDER-LEFT: black 2px solid" valign="top" align="left">
<div>7</div>
</td>
<td style="BORDER-TOP: #000000 2px solid; BORDER-RIGHT: #000000 2px solid; WIDTH: 78%; BORDER-BOTTOM: black 2px solid; BORDER-LEFT: black 2px solid" valign="top" align="left">
<div>SOLE VOTING POWER</div>

<div>&#160;</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left; DISPLAY: block; LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt">3,996,000<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;FONT-SIZE: smaller; VERTICAL-ALIGN: text-top; LINE-HEIGHT: 1">(1)</sup></div>
</td>
</tr>

<tr>
<td style="WIDTH: 4%; BORDER-BOTTOM: black 2px solid; BORDER-LEFT: black 2px solid" valign="top" align="left">
<div>8</div>
</td>
<td style="BORDER-RIGHT: #000000 2px solid; WIDTH: 78%; BORDER-BOTTOM: black 2px solid; BORDER-LEFT: black 2px solid" valign="top" align="left">
<div>SHARED VOTING POWER</div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left; DISPLAY: block; TEXT-INDENT: 0pt">29,870,688<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;FONT-SIZE: smaller; VERTICAL-ALIGN: text-top; LINE-HEIGHT: 1">(2)</sup></div>
</td>
</tr>

<tr>
<td style="WIDTH: 4%; BORDER-BOTTOM: black 2px solid; BORDER-LEFT: black 2px solid" valign="top" align="left">
<div>9</div>
</td>
<td style="BORDER-RIGHT: #000000 2px solid; WIDTH: 78%; BORDER-BOTTOM: black 2px solid; BORDER-LEFT: black 2px solid" valign="top" align="left">
<div>SOLE DISPOSITIVE POWER</div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left; DISPLAY: block; TEXT-INDENT: 0pt">3,996,000<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;FONT-SIZE: smaller; VERTICAL-ALIGN: text-top; LINE-HEIGHT: 1">(1)</sup></div>
</td>
</tr>

<tr>
<td style="WIDTH: 4%; BORDER-LEFT: black 2px solid" valign="top" align="left">
<div>10</div>
</td>
<td style="BORDER-RIGHT: #000000 2px solid; WIDTH: 78%; BORDER-LEFT: black 2px solid" valign="top" align="left">
<div>SHARED DISPOSITIVE POWER</div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left; DISPLAY: block; TEXT-INDENT: 0pt">29,870,688<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;FONT-SIZE: smaller; VERTICAL-ALIGN: text-top; LINE-HEIGHT: 1">(2)</sup></div>
</td>
</tr>
</table>
</div>

<div style="TEXT-ALIGN: left">
<table id="07ebb4cc66324872ae36559d98269696" style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; WIDTH: 100%" cellspacing="0" cellpadding="2">
<tr>
<td style="BORDER-TOP: #000000 2px solid; WIDTH: 10%; BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" valign="top">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">11</div>
</td>
<td style="BORDER-TOP: #000000 2px solid; WIDTH: 80%; BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; BORDER-LEFT: black 2px solid; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" valign="top">
<div>AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON</div>

<div>&#160;</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left; LINE-HEIGHT: 1.25">33,866,688</div>
</td>
<td style="FONT-SIZE: 8pt; BORDER-TOP: #000000 2px solid; FONT-FAMILY: arial; BORDER-RIGHT: #000000 2px solid; WIDTH: 10%; BORDER-BOTTOM: black 2px solid" valign="top">&#160; </td>
</tr>

<tr>
<td style="WIDTH: 10%; BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" valign="top">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">12</div>
</td>
<td style="WIDTH: 80%; BORDER-BOTTOM: black 2px solid; BORDER-LEFT: black 2px solid" valign="top" align="left">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES</div>

<div style="TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">&#160;</div>

<div style="TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">&#160;</div>
</td>
<td style="FONT-SIZE: 10pt; FONT-FAMILY: wingdings; BORDER-RIGHT: #000000 2px solid; WIDTH: 10%; BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" valign="top">o</td>
</tr>

<tr>
<td style="WIDTH: 10%; BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" valign="top">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">13</div>
</td>
<td style="WIDTH: 80%; BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; BORDER-LEFT: black 2px solid; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" valign="top">
<div>PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)</div>

<div>&#160;</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left">26.1%<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;FONT-SIZE: smaller; VERTICAL-ALIGN: text-top; LINE-HEIGHT: 1">(3)</sup></div>
</td>
<td style="FONT-SIZE: 8pt; FONT-FAMILY: arial; BORDER-RIGHT: #000000 2px solid; WIDTH: 10%; BORDER-BOTTOM: black 2px solid" valign="top">&#160; </td>
</tr>

<tr>
<td style="WIDTH: 10%; BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" valign="top">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">14</div>
</td>
<td style="WIDTH: 80%; BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; BORDER-LEFT: black 2px solid; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" valign="top">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">TYPE OF REPORTING PERSON</div>

<div style="TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">&#160;</div>

<div style="TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">IN</div>
</td>
<td style="FONT-SIZE: 8pt; FONT-FAMILY: arial; BORDER-RIGHT: #000000 2px solid; WIDTH: 10%; BORDER-BOTTOM: #000000 2px solid" valign="top">&#160; </td>
</tr>
</table>
</div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt">
<div>
<hr style="HEIGHT: 2px; WIDTH: 15%; COLOR: #000000; TEXT-ALIGN: left; MARGIN-LEFT: 0px; BACKGROUND-COLOR: #000000; MARGIN-RIGHT: auto" align="left" noshade="noshade" />
</div>

<div style="MARGIN-BOTTOM: 6pt; FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left; MARGIN-TOP: 6pt">
<div style="MARGIN-BOTTOM: 6pt; FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left; MARGIN-TOP: 6pt"><sup style="vertical-align: text-top; line-height: 1; font-size: smaller;FONT-SIZE: smaller; VERTICAL-ALIGN: text-top; LINE-HEIGHT: 1">1</sup>&#160; Represents the 3,996,000 shares of Class A Common Stock (as defined herein) of the Issuer owned directly by Mr. Metropoulos in his individual capacity,&#160; which includes (i) 500,000 shares of Class A Common Stock, (ii) 1,000,000 shares of Class A Common Stock that would result from the exercise of the 2,000,000 Warrants (as defined herein) held by Mr. Metropoulos, each of which entitles the holder thereof to purchase&#160; one-half of one share of Class A Common Stock at an exercise price of $5.75 per half share and (iii) 2,496,000 shares of Class A Common Stock that would result from an exchange of 2,496,000 Units (as defined herein) held by Mr. Metropoulos, which are exchangeable for shares of Class A Common Stock of the Issuer, on a one-for-one basis, in accordance with the terms and subject to the restrictions set forth in the Exchange Agreement (as defined herein).</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left"><sup style="vertical-align: text-top; line-height: 1; font-size: smaller;FONT-SIZE: smaller; VERTICAL-ALIGN: text-top; LINE-HEIGHT: 1">2</sup>&#160; Represents 29,870,688 Units that are exchangeable for shares of Class A Common Stock of the Issuer, on a one-for-one basis, in accordance with the terms and subject to the restrictions set forth in the Exchange Agreement, that may be deemed to be beneficially owned by Mr. Metropoulos in his capacity as the managing member of Hostess CDM Co-Invest, LLC and each of its series and Hostess CDM Class C, LLC and each of its series. &#160;Mr. Metropoulos also has an indirect pecuniary interest in 5,293,917 of such Units.</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; TEXT-ALIGN: left">
<div style="FONT-FAMILY: 'Times New Roman', Times, serif"><br />
</div>

<div style="MARGIN-BOTTOM: 6pt; FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left; MARGIN-TOP: 6pt"><sup style="vertical-align: text-top; line-height: 1; font-size: smaller;FONT-SIZE: smaller; VERTICAL-ALIGN: text-top; LINE-HEIGHT: 1">3</sup>&#160;<font style="FONT-SIZE: 10pt; COLOR: #000000">All calculations of percentage ownership herein are based on a total of 129,955,905 Class A Common Stock of the Issuer issued and outstanding as of the close of business on November 4, 2016, as reported by the Issuer&#8217;s Form 8-K filed with the Securities and Exchange Commission on November 4, 2016, after giving effect to the </font>exchange of all issued and outstanding Units (as defined herein) and the exercise of all issued and outstanding Warrants (as defined herein).</div>
</div>
</div>
</div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>

<div id="DSPFPageBreakArea" style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt">
<div id="DSPFPageBreak" style="PAGE-BREAK-AFTER: always">
<hr style="BORDER-LEFT-WIDTH: 0px; HEIGHT: 2px; BORDER-RIGHT-WIDTH: 0px; WIDTH: 100%; BORDER-BOTTOM-WIDTH: 0px; COLOR: #000000; CLEAR: both; MARGIN: 4px 0px; BORDER-TOP-WIDTH: 0px; BACKGROUND-COLOR: #000000" noshade="noshade" />
</div>
</div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt">
<div>&#160;</div>

<div>
<div style="TEXT-ALIGN: left">
<table id="z8663c0fa2b6648118bad4e1c3e8f49b3" style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; WIDTH: 100%" cellspacing="0" cellpadding="2">
<tr>
<td style="BORDER-TOP: black 2px solid; BORDER-RIGHT: black 2px solid; WIDTH: 20%; BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; BORDER-LEFT: black 2px solid; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" valign="top">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">CUSIP No.&#160; 382866101</div>
</td>
<td style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; WIDTH: 60%; FONT-WEIGHT: bold; TEXT-ALIGN: center; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" valign="top">SCHEDULE 13D</td>
<td style="BORDER-TOP: black 2px solid; BORDER-RIGHT: black 2px solid; WIDTH: 20%; BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right; BORDER-LEFT: black 2px solid" valign="top">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; TEXT-ALIGN: right; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">Page&#160;3 of&#160; 15</div>
</td>
</tr>
</table>
</div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br />
&#160;</div>
</div>
</div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt">
<div style="TEXT-ALIGN: left">
<table id="z6a5c17ab0ed441a3a9e6e5b6cf11ac45" style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; WIDTH: 100%" cellspacing="0" cellpadding="2">
<tr>
<td style="BORDER-TOP: #000000 2px solid; WIDTH: 10%; BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" valign="top">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">1</div>
</td>
<td style="BORDER-TOP: #000000 2px solid; FONT-FAMILY: 'Times New Roman', Times, serif; WIDTH: 80%; BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left; BORDER-LEFT: black 2px solid" valign="top">
<div>
<div>NAME OF REPORTING PERSON OR</div>

<div>I.R.S. IDENTIFICATION NO. OF ABOVE PERSON</div>

<div>&#160;</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left">Hostess CDM Co-Invest, LLC</div>
</div>
</td>
<td style="FONT-SIZE: 8pt; BORDER-TOP: #000000 2px solid; FONT-FAMILY: arial; BORDER-RIGHT: #000000 2px solid; WIDTH: 10%; BORDER-BOTTOM: black 2px solid" valign="top">&#160; </td>
</tr>

<tr>
<td style="WIDTH: 10%; BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" valign="top">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">2</div>
</td>
<td style="WIDTH: 80%; BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; BORDER-LEFT: black 2px solid; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" valign="top">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP</div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>
</td>
<td style="BORDER-RIGHT: #000000 2px solid; WIDTH: 10%; BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" valign="top">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">(a)&#160;&#160;&#9746;</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">(b)&#160; &#9744;</div>
</td>
</tr>

<tr style="HEIGHT: 54px">
<td style="WIDTH: 10%; BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" valign="top">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">3</div>
</td>
<td style="WIDTH: 80%; BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; BORDER-LEFT: black 2px solid; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" valign="top">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">SEC USE ONLY</div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>
</td>
<td style="FONT-SIZE: 8pt; FONT-FAMILY: arial; BORDER-RIGHT: #000000 2px solid; WIDTH: 10%; BORDER-BOTTOM: black 2px solid" valign="top">&#160; </td>
</tr>

<tr>
<td style="WIDTH: 10%; BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" valign="top">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">4</div>
</td>
<td style="WIDTH: 80%; BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; BORDER-LEFT: black 2px solid; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" valign="top">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">SOURCE OF FUNDS</div>

<div style="TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">&#160;</div>

<div style="TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">OO</div>
</td>
<td style="FONT-SIZE: 8pt; FONT-FAMILY: arial; BORDER-RIGHT: #000000 2px solid; WIDTH: 10%; BORDER-BOTTOM: black 2px solid" valign="top">&#160; </td>
</tr>

<tr>
<td style="WIDTH: 10%; BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" valign="top">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">5</div>
</td>
<td style="FONT-FAMILY: 'Times New Roman', Times, serif; WIDTH: 80%; BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left; BORDER-LEFT: black 2px solid" valign="top">
<div>CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)</div>

<div>&#160;</div>

<div>&#160;</div>
</td>
<td style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; BORDER-RIGHT: #000000 2px solid; WIDTH: 10%; BORDER-BOTTOM: black 2px solid" valign="top">&#9744;</td>
</tr>

<tr>
<td style="WIDTH: 10%; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" valign="top">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">6</div>
</td>
<td style="FONT-FAMILY: 'Times New Roman', Times, serif; WIDTH: 80%; TEXT-ALIGN: left; BORDER-LEFT: black 2px solid" valign="top">
<div>CITIZENSHIP OR PLACE OF ORGANIZATION</div>

<div>&#160;</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left">Delaware</div>
</td>
<td style="FONT-SIZE: 8pt; FONT-FAMILY: arial; BORDER-RIGHT: #000000 2px solid; WIDTH: 10%" valign="top">&#160; </td>
</tr>
</table>
</div>

<div style="TEXT-ALIGN: left; DISPLAY: block; TEXT-INDENT: 0pt">
<table id="z71ef6810b4f94fc7a65f9adbbd702b2c" style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; WIDTH: 100%" cellspacing="0" cellpadding="2">
<tr>
<td style="BORDER-TOP: #000000 2px solid; WIDTH: 18%; PADDING-BOTTOM: 2px; TEXT-ALIGN: center; BORDER-LEFT: #000000 2px solid" valign="middle" rowspan="4">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; TEXT-ALIGN: center; DISPLAY: block; TEXT-INDENT: 0pt">NUMBER OF</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; TEXT-ALIGN: center; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">SHARES</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; TEXT-ALIGN: center; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">BENEFICIALLY </div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; TEXT-ALIGN: center; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">OWNED BY EACH </div>

<div style="TEXT-ALIGN: center; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">REPORTING </font><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">PERSON</font></div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; TEXT-ALIGN: center; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">WITH</div>
</td>
<td style="BORDER-TOP: #000000 2px solid; WIDTH: 4%; BORDER-BOTTOM: black 2px solid; BORDER-LEFT: black 2px solid" valign="top" align="left">
<div>7</div>
</td>
<td style="BORDER-TOP: #000000 2px solid; BORDER-RIGHT: #000000 2px solid; WIDTH: 78%; BORDER-BOTTOM: black 2px solid; BORDER-LEFT: black 2px solid" valign="top" align="left">
<div>SOLE VOTING POWER</div>

<div>&#160;</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left; DISPLAY: block; LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt">0</div>
</td>
</tr>

<tr>
<td style="WIDTH: 4%; BORDER-BOTTOM: black 2px solid; BORDER-LEFT: black 2px solid" valign="top" align="left">
<div>8</div>
</td>
<td style="BORDER-RIGHT: #000000 2px solid; WIDTH: 78%; BORDER-BOTTOM: black 2px solid; BORDER-LEFT: black 2px solid" valign="top" align="left">
<div>SHARED VOTING POWER</div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left; DISPLAY: block; TEXT-INDENT: 0pt">27,544,568<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;FONT-SIZE: smaller; VERTICAL-ALIGN: text-top; LINE-HEIGHT: 1">(4)</sup></div>
</td>
</tr>

<tr>
<td style="WIDTH: 4%; BORDER-BOTTOM: black 2px solid; BORDER-LEFT: black 2px solid" valign="top" align="left">
<div>9</div>
</td>
<td style="BORDER-RIGHT: #000000 2px solid; WIDTH: 78%; BORDER-BOTTOM: black 2px solid; BORDER-LEFT: black 2px solid" valign="top" align="left">
<div>SOLE DISPOSITIVE POWER</div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left; DISPLAY: block; TEXT-INDENT: 0pt">0</div>
</td>
</tr>

<tr>
<td style="WIDTH: 4%; BORDER-LEFT: black 2px solid" valign="top" align="left">
<div>10</div>
</td>
<td style="BORDER-RIGHT: #000000 2px solid; WIDTH: 78%; BORDER-LEFT: black 2px solid" valign="top" align="left">
<div>SHARED DISPOSITIVE POWER</div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left; DISPLAY: block; TEXT-INDENT: 0pt">27,544,568<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;FONT-SIZE: smaller; VERTICAL-ALIGN: text-top; LINE-HEIGHT: 1">(4)</sup></div>
</td>
</tr>
</table>
</div>

<div style="TEXT-ALIGN: left">
<table id="z6ada798c21c44d12bb9137f6b187acf4" style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; WIDTH: 100%" cellspacing="0" cellpadding="2">
<tr>
<td style="BORDER-TOP: #000000 2px solid; WIDTH: 10%; BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" valign="top">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">11</div>
</td>
<td style="BORDER-TOP: #000000 2px solid; WIDTH: 80%; BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; BORDER-LEFT: black 2px solid; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" valign="top">
<div>AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON</div>

<div>&#160;</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left; LINE-HEIGHT: 1.25">27,544,568</div>
</td>
<td style="FONT-SIZE: 8pt; BORDER-TOP: #000000 2px solid; FONT-FAMILY: arial; BORDER-RIGHT: #000000 2px solid; WIDTH: 10%; BORDER-BOTTOM: black 2px solid" valign="top">&#160; </td>
</tr>

<tr>
<td style="WIDTH: 10%; BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" valign="top">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">12</div>
</td>
<td style="WIDTH: 80%; BORDER-BOTTOM: black 2px solid; BORDER-LEFT: black 2px solid" valign="top" align="left">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES</div>

<div style="TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">&#160;</div>

<div style="TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">&#160;</div>
</td>
<td style="FONT-SIZE: 10pt; FONT-FAMILY: wingdings; BORDER-RIGHT: #000000 2px solid; WIDTH: 10%; BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" valign="top">o</td>
</tr>

<tr>
<td style="WIDTH: 10%; BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" valign="top">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">13</div>
</td>
<td style="WIDTH: 80%; BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; BORDER-LEFT: black 2px solid; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" valign="top">
<div>PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)</div>

<div>&#160;</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left">21.2%</div>
</td>
<td style="FONT-SIZE: 8pt; FONT-FAMILY: arial; BORDER-RIGHT: #000000 2px solid; WIDTH: 10%; BORDER-BOTTOM: black 2px solid" valign="top">&#160; </td>
</tr>

<tr>
<td style="WIDTH: 10%; BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" valign="top">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">14</div>
</td>
<td style="WIDTH: 80%; BORDER-BOTTOM: #000000 2px solid; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; BORDER-LEFT: black 2px solid; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" valign="top">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">TYPE OF REPORTING PERSON</div>

<div style="TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">&#160;</div>

<div style="TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">OO</div>
</td>
<td style="FONT-SIZE: 8pt; FONT-FAMILY: arial; BORDER-RIGHT: #000000 2px solid; WIDTH: 10%; BORDER-BOTTOM: #000000 2px solid" valign="top">&#160; </td>
</tr>
</table>
</div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt">
<hr style="HEIGHT: 2px; WIDTH: 15%; COLOR: #000000; TEXT-ALIGN: left; MARGIN-LEFT: 0px; BACKGROUND-COLOR: #000000; MARGIN-RIGHT: auto" align="left" noshade="noshade" />
</div>
</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left; DISPLAY: block; TEXT-INDENT: 0pt"><sup style="vertical-align: text-top; line-height: 1; font-size: smaller;FONT-SIZE: smaller; VERTICAL-ALIGN: text-top; LINE-HEIGHT: 1">4</sup>&#160; <font style="FONT-FAMILY: 'Times New Roman', Times, serif"><font style="FONT-SIZE: 10pt">Represents 27,544,568 Units that are exchangeable for shares of Class A Common Stock of the Issuer, on a one-for-one basis, in accordance with the terms and subject to the restrictions set forth in the Exchange Agreement, which are directly owned by Hostess CDM Co-Invest (as defined herein) and may be deemed to be beneficially owned by Mr. Metropoulos in his capacity as the managing member of Hostess CDM Co-Invest. Mr. Metropoulos also has an indirect pecuniary interest in </font>3,526,064<font style="FONT-SIZE: 10pt"> of such Units.</font></font></div>

<div id="DSPFPageBreakArea" style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt">
<div id="DSPFPageBreak" style="PAGE-BREAK-AFTER: always">
<hr style="BORDER-LEFT-WIDTH: 0px; HEIGHT: 2px; BORDER-RIGHT-WIDTH: 0px; WIDTH: 100%; BORDER-BOTTOM-WIDTH: 0px; COLOR: #000000; CLEAR: both; MARGIN: 4px 0px; BORDER-TOP-WIDTH: 0px; BACKGROUND-COLOR: #000000" noshade="noshade" />
</div>
</div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt">
<div>&#160;</div>

<div>
<div style="TEXT-ALIGN: left">
<table id="zfacda73615cd4d97b011ca9c44f90fe7" style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; WIDTH: 100%" cellspacing="0" cellpadding="2">
<tr>
<td style="BORDER-TOP: black 2px solid; BORDER-RIGHT: black 2px solid; WIDTH: 20%; BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; BORDER-LEFT: black 2px solid; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" valign="top">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">CUSIP No.&#160; 382866101</div>
</td>
<td style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; WIDTH: 60%; FONT-WEIGHT: bold; TEXT-ALIGN: center; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" valign="top">SCHEDULE 13D</td>
<td style="BORDER-TOP: black 2px solid; BORDER-RIGHT: black 2px solid; WIDTH: 20%; BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right; BORDER-LEFT: black 2px solid" valign="top">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; TEXT-ALIGN: right; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">Page&#160;4 of&#160; 15</div>
</td>
</tr>
</table>
</div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br />
&#160;</div>
</div>
</div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt">
<div style="TEXT-ALIGN: left">
<table id="z167d0bfab92f4305a8d388315db1fa23" style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; WIDTH: 100%" cellspacing="0" cellpadding="2">
<tr>
<td style="BORDER-TOP: #000000 2px solid; WIDTH: 10%; BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" valign="top">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">1</div>
</td>
<td style="BORDER-TOP: #000000 2px solid; FONT-FAMILY: 'Times New Roman', Times, serif; WIDTH: 80%; BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left; BORDER-LEFT: black 2px solid" valign="top">
<div>
<div>NAME OF REPORTING PERSON OR</div>

<div>I.R.S. IDENTIFICATION NO. OF ABOVE PERSON</div>

<div>&#160;</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left">CDM Hostess Class C, LLC</div>
</div>
</td>
<td style="FONT-SIZE: 8pt; BORDER-TOP: #000000 2px solid; FONT-FAMILY: arial; BORDER-RIGHT: #000000 2px solid; WIDTH: 10%; BORDER-BOTTOM: black 2px solid" valign="top">&#160; </td>
</tr>

<tr>
<td style="WIDTH: 10%; BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" valign="top">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">2</div>
</td>
<td style="WIDTH: 80%; BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; BORDER-LEFT: black 2px solid; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" valign="top">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP</div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>
</td>
<td style="BORDER-RIGHT: #000000 2px solid; WIDTH: 10%; BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" valign="top">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">(a)&#160;&#160;&#9746;</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">(b)&#160; &#9744;</div>
</td>
</tr>

<tr style="HEIGHT: 54px">
<td style="WIDTH: 10%; BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" valign="top">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">3</div>
</td>
<td style="WIDTH: 80%; BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; BORDER-LEFT: black 2px solid; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" valign="top">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">SEC USE ONLY</div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>
</td>
<td style="FONT-SIZE: 8pt; FONT-FAMILY: arial; BORDER-RIGHT: #000000 2px solid; WIDTH: 10%; BORDER-BOTTOM: black 2px solid" valign="top">&#160; </td>
</tr>

<tr>
<td style="WIDTH: 10%; BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" valign="top">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">4</div>
</td>
<td style="WIDTH: 80%; BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; BORDER-LEFT: black 2px solid; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" valign="top">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">SOURCE OF FUNDS</div>

<div style="TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">&#160;</div>

<div style="TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">OO</div>
</td>
<td style="FONT-SIZE: 8pt; FONT-FAMILY: arial; BORDER-RIGHT: #000000 2px solid; WIDTH: 10%; BORDER-BOTTOM: black 2px solid" valign="top">&#160; </td>
</tr>

<tr>
<td style="WIDTH: 10%; BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" valign="top">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">5</div>
</td>
<td style="FONT-FAMILY: 'Times New Roman', Times, serif; WIDTH: 80%; BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left; BORDER-LEFT: black 2px solid" valign="top">
<div>CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)</div>

<div>&#160;</div>

<div>&#160;</div>
</td>
<td style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; BORDER-RIGHT: #000000 2px solid; WIDTH: 10%; BORDER-BOTTOM: black 2px solid" valign="top">&#9744;</td>
</tr>

<tr>
<td style="WIDTH: 10%; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" valign="top">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">6</div>
</td>
<td style="FONT-FAMILY: 'Times New Roman', Times, serif; WIDTH: 80%; TEXT-ALIGN: left; BORDER-LEFT: black 2px solid" valign="top">
<div>CITIZENSHIP OR PLACE OF ORGANIZATION</div>

<div>&#160;</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left">Delaware</div>
</td>
<td style="FONT-SIZE: 8pt; FONT-FAMILY: arial; BORDER-RIGHT: #000000 2px solid; WIDTH: 10%" valign="top">&#160; </td>
</tr>
</table>
</div>

<div style="TEXT-ALIGN: left; DISPLAY: block; TEXT-INDENT: 0pt">
<table id="z74683fca1bac4f428240a084717d968d" style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; WIDTH: 100%" cellspacing="0" cellpadding="2">
<tr>
<td style="BORDER-TOP: #000000 2px solid; WIDTH: 18%; PADDING-BOTTOM: 2px; TEXT-ALIGN: center; BORDER-LEFT: #000000 2px solid" valign="middle" rowspan="4">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; TEXT-ALIGN: center; DISPLAY: block; TEXT-INDENT: 0pt">NUMBER OF</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; TEXT-ALIGN: center; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">SHARES</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; TEXT-ALIGN: center; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">BENEFICIALLY </div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; TEXT-ALIGN: center; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">OWNED BY EACH </div>

<div style="TEXT-ALIGN: center; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">REPORTING </font><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">PERSON</font></div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; TEXT-ALIGN: center; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">WITH</div>
</td>
<td style="BORDER-TOP: #000000 2px solid; WIDTH: 4%; BORDER-BOTTOM: black 2px solid; BORDER-LEFT: black 2px solid" valign="top" align="left">
<div>7</div>
</td>
<td style="BORDER-TOP: #000000 2px solid; BORDER-RIGHT: #000000 2px solid; WIDTH: 78%; BORDER-BOTTOM: black 2px solid; BORDER-LEFT: black 2px solid" valign="top" align="left">
<div>SOLE VOTING POWER</div>

<div>&#160;</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left; DISPLAY: block; LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt">0</div>
</td>
</tr>

<tr>
<td style="WIDTH: 4%; BORDER-BOTTOM: black 2px solid; BORDER-LEFT: black 2px solid" valign="top" align="left">
<div>8</div>
</td>
<td style="BORDER-RIGHT: #000000 2px solid; WIDTH: 78%; BORDER-BOTTOM: black 2px solid; BORDER-LEFT: black 2px solid" valign="top" align="left">
<div>SHARED VOTING POWER</div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left; DISPLAY: block; TEXT-INDENT: 0pt">2,326,120<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;FONT-SIZE: smaller; VERTICAL-ALIGN: text-top; LINE-HEIGHT: 1">(5)</sup></div>
</td>
</tr>

<tr>
<td style="WIDTH: 4%; BORDER-BOTTOM: black 2px solid; BORDER-LEFT: black 2px solid" valign="top" align="left">
<div>9</div>
</td>
<td style="BORDER-RIGHT: #000000 2px solid; WIDTH: 78%; BORDER-BOTTOM: black 2px solid; BORDER-LEFT: black 2px solid" valign="top" align="left">
<div>SOLE DISPOSITIVE POWER</div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left; DISPLAY: block; TEXT-INDENT: 0pt">0</div>
</td>
</tr>

<tr>
<td style="WIDTH: 4%; BORDER-LEFT: black 2px solid" valign="top" align="left">
<div>10</div>
</td>
<td style="BORDER-RIGHT: #000000 2px solid; WIDTH: 78%; BORDER-LEFT: black 2px solid" valign="top" align="left">
<div>SHARED DISPOSITIVE POWER</div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left; DISPLAY: block; TEXT-INDENT: 0pt">2,326,120<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;FONT-SIZE: smaller; VERTICAL-ALIGN: text-top; LINE-HEIGHT: 1">(5)</sup></div>
</td>
</tr>
</table>
</div>

<div style="TEXT-ALIGN: left">
<table id="z0216dd8850e94bcf86c562a48daffe9a" style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; WIDTH: 100%" cellspacing="0" cellpadding="2">
<tr>
<td style="BORDER-TOP: #000000 2px solid; WIDTH: 10%; BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" valign="top">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">11</div>
</td>
<td style="BORDER-TOP: #000000 2px solid; WIDTH: 80%; BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; BORDER-LEFT: black 2px solid; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" valign="top">
<div>AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON</div>

<div>&#160;</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left; LINE-HEIGHT: 1.25">2,326,120</div>
</td>
<td style="FONT-SIZE: 8pt; BORDER-TOP: #000000 2px solid; FONT-FAMILY: arial; BORDER-RIGHT: #000000 2px solid; WIDTH: 10%; BORDER-BOTTOM: black 2px solid" valign="top">&#160; </td>
</tr>

<tr>
<td style="WIDTH: 10%; BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" valign="top">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">12</div>
</td>
<td style="WIDTH: 80%; BORDER-BOTTOM: black 2px solid; BORDER-LEFT: black 2px solid" valign="top" align="left">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES</div>

<div style="TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">&#160;</div>

<div style="TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">&#160;</div>
</td>
<td style="FONT-SIZE: 10pt; FONT-FAMILY: wingdings; BORDER-RIGHT: #000000 2px solid; WIDTH: 10%; BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" valign="top">o</td>
</tr>

<tr>
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<div>PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)</div>

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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left">1.8%</div>
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<div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">14</div>
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<div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">TYPE OF REPORTING PERSON</div>

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<div style="TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">OO</div>
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<div style="DISPLAY: block; TEXT-INDENT: 0pt"><sup style="vertical-align: text-top; line-height: 1; font-size: smaller;FONT-SIZE: smaller; VERTICAL-ALIGN: text-top; LINE-HEIGHT: 1">5</sup>&#160; <font style="FONT-FAMILY: 'Times New Roman', Times, serif"><font style="FONT-SIZE: 10pt">Represents 2,356,120 Units that are exchangeable for shares of Class A Common Stock of the Issuer, on a one-for-one basis, in accordance with the terms and subject to the restrictions set forth in the Exchange Agreement, which are directly owned by CDM Class C (as defined herein) and may be deemed to be beneficially owned by Mr. Metropoulos in his capacity as the managing member of CDM Class C. Mr. Metropoulos also has an indirect pecuniary interest in </font>1,767,853 of <font style="FONT-SIZE: 10pt">such Units.</font></font></div>

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<div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">CUSIP No.&#160; 382866101</div>
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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-WEIGHT: bold; TEXT-ALIGN: left">Security and Issuer.</div>
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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left; TEXT-INDENT: 36pt">This Schedule 13D (this &#8220;<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif"><u>Schedule 13D</u></font>&#8221;) relates to Class A common stock, par value $0.0001 per share (&#8220;<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif"><u>Class A Common Stock</u></font>&#8221;) of Hostess Brands, Inc. (formerly known as Gores Holdings, Inc.), a Delaware corporation (the &#8220;<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif"><u>Issuer</u></font>&#8221;). The address of the principal executive offices of the Issuer is 1 East Armour Boulevard, Kansas City, Missouri 64111.</div>

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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left; TEXT-INDENT: 36pt">As of November 14, 2016, as reflected in this Schedule 13D, the Reporting Persons (as hereinafter defined) beneficially owned 33,866,688 shares of Class A Common Stock (the &#8220;<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif"><u>Subject Shares</u></font>&#8221;), representing approximately 26.1% of the issued and outstanding Class A Common Stock.</div>

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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-WEIGHT: bold; TEXT-ALIGN: left">Identity and Background.</div>
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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left">(a)-(c) &amp; (f)</div>

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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left">This Schedule 13D is filed jointly, pursuant to a joint filing agreement, by (i) C. Dean Metropoulos (&#8220;<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif"><u>Metropoulos</u></font>&#8221;), a natural person, US citizen, Chairman and Chief Executive Officer of Metropoulos &amp; Co., a boutique acquisition and management firm focusing on the food and consumer sectors, (ii) Hostess CDM Co-Invest, LLC, a Delaware series limited liability company and its series (collectively, &#8220;<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-VARIANT: normal; FONT-WEIGHT: normal; FONT-STYLE: normal"><u>Hostess CDM Co-Invest</u></font>&#8221;), and (iii) CDM Hostess Class C, LLC, a Delaware series limited liability company and its series (collectively, &#8220;<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-VARIANT: normal; FONT-WEIGHT: normal; FONT-STYLE: normal"><u>CDM Class C</u></font>&#8221; and together with Mr. Metropoulos and Hostess CDM Co-Invest, collectively the &#8220;<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif"><u>Reporting Persons</u></font>&#8221;).</div>

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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left">The Reporting Persons have entered into a joint filing agreement, dated November 14, 2016, a copy of which is attached hereto as <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif"><u>Exhibit A</u></font>.</div>

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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left">Mr. Metropoulos serves as the managing member of each Reporting Person that is a limited liability company.</div>

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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left">The principal business address for each of the Reporting Persons is 200 Greenwich Avenue, Greenwich, Connecticut 06830.</div>

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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left">During the last five years, none of the Reporting Persons, and to the best of their knowledge, none of the Reporting Persons&#8217; managers or officers (if applicable) (i) has been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) or (ii) has been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws.</div>

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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-WEIGHT: bold; TEXT-ALIGN: left">Source or Amount of Funds or Other Consideration.</div>
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<div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">CUSIP No.&#160; 382866101</div>
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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left">In February 2013, affiliates of Mr. Metropoulos and Apollo Global Management, LLC (&#8220;<font style="FONT-SIZE: 10pt"><u>Apollo</u></font>&#8221;) acquired assets relating to the Hostess<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;FONT-SIZE: smaller; VERTICAL-ALIGN: text-top; LINE-HEIGHT: 1">&#174;</sup>&#160;and Dolly Madison<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;FONT-SIZE: smaller; VERTICAL-ALIGN: text-top; LINE-HEIGHT: 1">&#174;</sup>&#160;group of brands and recipes (collectively, &#8220;<font style="FONT-SIZE: 10pt"><u>Hostess</u></font>&#8221;). The acquisition was financed with a $500 million term loan due April 9, 2020 and $192 million of equity from Mr. Metropoulos and Apollo or their respective affiliates.&#160; The Hostess assets were held by affiliates of Mr. Metropoulos and Apollo through certain newly formed entities, including Hostess Holdings, L.P. (together with its general partner and subsidiaries, &#8220;<font style="FONT-SIZE: 10pt"><u>Hostess Holdings</u></font>&#8221;).</div>

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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left">On July 5, 2016, the Issuer, Homer Merger Sub, Inc., a Delaware corporation and a wholly owned subsidiary of the Issuer, Hostess CDM Co-Invest, CDM Class C, AP Hostess Holdings, L.P., a Delaware limited partnership and an affiliate of Apollo (&#8220;<font style="FONT-SIZE: 10pt"><u>AP Hostess LP</u></font>&#8221;), and AP Hostess LP, in its capacity as the Sellers&#8217; Representative, entered into that certain Master Transaction Agreement, dated as of July 5, 2016 (the &#8220;<font style="FONT-SIZE: 10pt"><u>Master Transaction Agreement</u></font>&#8221;), pursuant to which the Issuer agreed to acquire the privately-held Hostess companies from Mr. Metropoulos and Apollo in a series of transactions set forth therein. A copy of the Master Transaction Agreement is attached hereto as <font style="FONT-SIZE: 10pt"><u>Exhibit B</u></font>.</div>

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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left">On November 4, 2016, in connection with the closing of the transactions contemplated by the Master Transaction Agreement (the &#8220;<font style="FONT-SIZE: 10pt"><u>Closing</u></font>&#8221;), the Issuer, Hostess CDM Co-Invest and CDM Class C entered into that certain Contribution and Purchase Agreement, dated as of November 4, 2016 (the &#8220;<font style="FONT-SIZE: 10pt"><u>Contribution and Purchase Agreement</u></font>&#8221;), pursuant to which (i) Hostess CDM Co-Invest and CDM Class C sold a portion of their limited partnership interests in Hostess Holdings to the Issuer for cash consideration and (ii) Hostess CDM Co-Invest contributed to the Issuer the general partner of Hostess Holdings in exchange for shares of Class B Common Stock. A copy of the Contribution and Purchase Agreement is attached hereto as <font style="FONT-SIZE: 10pt"><u>Exhibit C</u></font>.</div>

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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left">Subject to the terms of the Master Transaction Agreement and customary adjustments set forth therein, the aggregate purchase price for the acquisition of Hostess Holdings and related transactions was approximately $2.2 billion, which amount may be adjusted post-closing pursuant to customary adjustments set forth in the Master Transaction Agreement and related documents. The consideration to be paid by the Issuer to the Reporting Persons and Apollo was funded through a combination of cash and stock consideration. The amount of cash consideration paid to the Reporting Persons was approximately equal to $260.6 million. The remainder of the consideration paid to the Reporting Persons was stock consideration, consisting of 29,870,688 shares of the Issuer&#8217;s newly established Class B common stock, par value $0.0001 per share (the &#8220;<font style="FONT-SIZE: 10pt"><u>Class B Common Stock</u></font>&#8221;) and an equivalent number of Class B Units in Hostess Holdings (the &#8220;<font style="FONT-SIZE: 10pt"><u>Class B Units</u></font>&#8221; and, together with the Class B Common Stock, the &#8220;<font style="FONT-SIZE: 10pt"><u>Units</u></font>&#8221;), &#160;which includes 5,446,429&#160;Units representing the partial rollover of Hostess CDM Co-Invest&#8217;s equity investment in Hostess Holdings.</div>
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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left">In addition, in connection with the transactions contemplated by the Master Transaction Agreement, the Issuer and Mr. Metropoulos entered into that certain Executive Chairman Employment Agreement, dated as of July 28, 2016 (the &#8220;<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif"><u>Executive Chairman Employment Agreement</u></font>&#8221;), pursuant to which the Issuer will employ Mr. Metropoulos as the Executive Chairman of certain subsidiaries of Hostess Holdings, effective as of the Closing and until December 31, 2018 (or until December 31, 2019 by mutual agreement</div>

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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left">of the parties). Pursuant to the Executive Chairman Employment Agreement, Mr. Metropoulos received a one-time issuance at Closing of 2,496,000 Units, which Units are subject to a one-year holding period subject to certain exceptions. Subject to his continued employment through December 31, 2018, Mr. Metropoulos will be entitled to shares of Class A Common Stock (or, upon his written request if at such time CDM Class C or Hostess CDM Co-Invest hold any Units, an equivalent number of Units) upon achievement of earn-out targets for the 2018 fiscal year, as specified in the Executive Chairman Employment Agreement. The Executive Chairman Employment Agreement is attached hereto as <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif"><u>Exhibit D</u></font>.</div>

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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left">The Issuer and Mr. Metropoulos also entered into that certain Executive Chairman Agreement, dated as of July 28, 2016 (the &#8220;<font style="FONT-SIZE: 10pt"><u>Executive Chairman Director Agreement</u></font>&#8221;), pursuant to which Mr. Metropoulos will serve as the Executive Chairman of the Board, effective as of the Closing and until December 31, 2018 (or until December 31, 2019 by mutual agreement of the parties). The Executive Chairman Director Agreement is attached hereto as <font style="FONT-SIZE: 10pt"><u>Exhibit E</u></font>.</div>

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<div style="MARGIN-BOTTOM: 12pt; FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left; MARGIN-RIGHT: 16.2pt">In connection with the transactions contemplated by the Master Transaction Agreement, Gores Sponsor LLC (the &#8220;<font style="FONT-SIZE: 10pt"><u>Sponsor</u></font>&#8221;), the Issuer and Mr. Metropoulos also entered into that certain Sponsor Letter Agreement, dated as of July 5, 2016 (the &#8220;<font style="FONT-SIZE: 10pt"><u>Sponsor Letter Agreement</u></font>&#8221;), pursuant to which, at&#160; the Closing, the Sponsor transferred 2,000,000 warrants of the Issuer entitling the holder thereof to purchase one-half of one share of Class A Common Stock per warrant at $5.75 per half share (the &#8220;<font style="FONT-SIZE: 10pt"><u>Warrants</u></font>&#8221;) and 500,000 shares of Class A Common Stock resulting from the conversion of shares of the Issuer&#8217;s Class F Common Stock, par value $0.0001 per share to shares of Class A Common Stock. The Sponsor Letter Agreement is attached hereto as <font style="FONT-SIZE: 10pt"><u>Exhibit F</u></font>.</div>
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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-WEIGHT: bold; TEXT-ALIGN: left">Purpose of Transaction.</div>
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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left">The information set forth in Items 3, 5 and 6 of this Schedule 13D is incorporated by reference in its entirety into this Item 4.</div>

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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left">At Closing, the Issuer&#8217;s second amended and restated certificate of incorporation (the &#8220;<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif"><u>Certificate of Incorporation</u></font>&#8221;) was amended to:&#160;</div>
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<div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">CUSIP No.&#160; 382866101</div>
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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left">provide for the classification of the Issuer&#8217;s board of directors into three classes of directors with staggered terms of office and to make certain related changes;</div>
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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left">authorize an additional 40,000,000 shares of Class A Common Stock, which would consist of (i)&#160;establishing 50,000,000 shares of a newly designated class of Class B Common Stock, in order to provide for the Issuer&#8217;s &#8220;Up-C&#8221; structure, which allows certain of the Reporting Persons&#160; to continue to hold their ownership interest in the companies related with Hostess Holdings in a tax efficient manner, and (ii)&#160;decreasing the post-combination shares of Class F Common Stock from 20,000,000 shares to 10,000,000 shares;</div>
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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left">change the stockholder vote required to amend certain provisions of the Issuer&#8217;s certificate of incorporation and bylaws;</div>
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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left">elect not to be governed by Section 203 of the General Corporation Law of the State of Delaware and, instead, include a provision in the Issuer&#8217;s certificate of incorporation that is substantially similar to Section 203 of the DGCL, but excludes The Gores Group, Apollo and the Reporting Persons, each of their successors, certain affiliates and each of their respective transferees from the definition of &#8220;interested stockholder,&#8221; and to make certain related changes; and</div>
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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left">provide for certain additional changes, including changing the Issuer&#8217;s name from &#8220;Gores Holdings, Inc.&#8221; to &#8220;Hostess Brands, Inc.,&#8221; providing that certain transactions are not &#8220;corporate opportunities&#8221; and that certain persons, including the Reporting Persons and Apollo and their affiliates, are not subject to the doctrine of corporate opportunity, and eliminating certain provisions specific to the Issuer&#8217;s status as a blank check company, which the Issuer&#8217;s board of directors considered necessary to adequately address the needs of the Issuer.</div>
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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left">The revised Certificate of Incorporation is attached hereto as <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif"><u>Exhibit G</u></font>.</div>

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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-STYLE: italic; TEXT-ALIGN: left">Earn Out</div>

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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left">Under the Master Transaction Agreement, the CDM Co-Invest and Hostess CDM Co-Invest may be entitled to receive additional shares of Class A Common Stock or an equivalent number of Units (the &#8220;<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif"><u>Earn-Out Shares</u></font>&#8221;). The number of Earn-Out Shares to be issued (if any) by the Issuer will depend on the adjusted EBITDA of the companies related to Hostess Holdings as calculated pursuant to the terms of the Master Transaction Agreement (&#8220;<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif"><u>Hostess EBITDA</u></font>&#8221;) for the 2016 fiscal year and, for Hostess CDM Co-Invest only, the 2017 fiscal year.&#160; Additionally, under the Executive Chairman Employment Agreement, Mr. Metropoulos may be entitled to receive Earn-Out Shares on the basis of the adjusted EBITDA of the companies related to Hostess Holdings for the 2018 fiscal year.</div>

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<div>At Closing, the Issuer, the Reporting Persons and Hostess Holdings entered into that certain Exchange Agreement (the &#8220;<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif"><u>Exchange Agreement</u></font>&#8221;). Pursuant to the Exchange Agreement, the Reporting Persons and such other holders of Units from time to time party thereto will be entitled to exchange Class B Units and surrender shares of Class B Common Stock for cancellation in exchange for, at the option of the Issuer, a number of shares of the Class A Common Stock equal to the number of Units being exchanged or the cash equivalent of such shares. The Exchange Agreement is attached hereto as <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif"><u>Exhibit H</u></font>.</div>

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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-STYLE: italic; TEXT-ALIGN: left">Tax Receivable Agreement</div>

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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left">At Closing, the Issuer entered into that certain Tax Receivable Agreement with Apollo, Hostess CDM Co-Invest, CDM Class C and Mr. Metropoulos (the &#8220;<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif"><u>Tax Receivable Agreement</u></font>&#8221;).&#160;The Tax Receivable Agreement generally provides for the payment by the Issuer to the Reporting Persons and Apollo of 85% of the net cash savings, if any, in U.S. federal, state and local income tax that the Issuer actually realizes (or is deemed to realize in certain circumstances) in periods after the Closing (which periods may extend, unless the Tax Receivable Agreement is terminated early in accordance with its terms, for more than 15 years) following any exchange of Units for shares of Class A Common Stock or the cash equivalent thereof as a result of: (i) certain increases in tax basis resulting from the acquisition of Hostess Holdings; (ii) certain tax attributes of Hostess Holdings and its subsidiaries existing prior to the acquisition of Hostess Holdings; (iii) certain increases in tax basis resulting from exchanges of Units; (iv) imputed interest deemed to be paid by the Issuer as a result of payments it makes under the Tax Receivable Agreement; and (v) certain increases in tax basis resulting from payments the Issuer makes under the Tax Receivable Agreement.&#160;The Issuer will retain the benefit of the remaining 15% of these cash savings.&#160;Certain payments under the Tax Receivable Agreement will be made to the Reporting Persons and Apollo in accordance with specified percentages, regardless of the source of the applicable tax attribute. The Tax Receivable Agreement is attached hereto as <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif"><u>Exhibit I</u></font>.</div>

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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-STYLE: italic; TEXT-ALIGN: left">Registration Rights Agreement</div>

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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left">At Closing, the Issuer entered into that certain Amended and Restated Registration Rights and Lock-Up Agreement with certain restricted stockholders, including the Reporting Persons (the &#8220;<font style="FONT-SIZE: 10pt"><u>Registration Rights Agreement</u></font>&#8221;).&#160;Pursuant to the terms of the Registration Rights Agreement, the restricted stockholders will be bound by restrictions on the transfer of some of their shares of Class A Common Stock, shares of Class B Common Stock and other securities of the Issuer and its subsidiaries until the later of (i)&#160;six months following the date of the Registration Rights Agreement, and (ii)&#160;the date that is the earlier of (A)&#160;60 days after a registration statement registering the resale of shares of Class A Common Stock issued pursuant to the subscription agreements entered into in connection with the acquisition of Hostess Holdings has been filed with the SEC and declared effective and (B)&#160;270 days after the closing of the transactions contemplated by the Master Transaction Agreement, except for transfers as bona fide gifts, to a trust, to wholly owned subsidiaries or other equity holders (in the case of entities), pursuant to any acquisition or sale involving the Issuer, pursuant to an indemnity transfer, or with the prior written consent of the Issuer and each holder of restricted stock. The transfer restrictions of the Registration Rights Agreement do not apply to (i) 5,446,429 shares of Class A Common Stock (assuming the exchange of 5,446,429 Units pursuant to the Exchange Agreement) beneficially owned by Hostess CDM Co-Invest and (ii) to a portion of the shares of Class A Common Stock resulting from the exchange of Units (pursuant to the Exchange Agreement) permitted to be transferred by Mr. Metropoulos under the Executive Chairman Employment Agreement. &#160;Pursuant to the terms of the Executive Chairman Employment Agreement, 2,496,000 shares of Class A Common Stock (assuming the exchange of 2,496,000 Units pursuant to the Exchange Agreement) beneficially owned by Metropoulos cannot be transferred until November 4, 2017 (except to family members and family trusts, as well as for sales for proceeds equal to tax withholding obligations of their grant). The Registration Rights Agreement is attached hereto as <font style="FONT-SIZE: 10pt"><u>Exhibit J</u></font>.</div>

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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left">Pursuant to the Registration Rights Agreement, the restricted stockholders and their permitted transferees are entitled to certain registration rights described in the Registration Rights Agreement. Among other things, pursuant to the Registration Rights Agreement, the restricted stockholders will each be entitled to participate in six demand registrations, and will also have certain &#8220;piggyback&#8221; registration rights with respect to registration statements filed by the Issuer subsequent to Closing.</div>

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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left">References to the Exchange Agreement, the Tax Receivable Agreement, the Registration Rights Agreement and the Certificate of Incorporation set forth above are not intended to be complete and are qualified, respectively, in their entirety by reference to the full text of each document, which is filed as exhibit hereto and is incorporated by reference herein.</div>

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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; COLOR: #000000; TEXT-ALIGN: left">The Reporting Persons intend to review their investments in the Issuer on a continuing basis. Depending on various factors (including, without limitation, the Issuer&#8217;s financial position and strategic direction, actions taken by the board, price levels of the shares of Class A Common Stock, other investment opportunities available to the Reporting Persons, concentration of positions in the investments of the Reporting Persons, market conditions and general economic and industry conditions), the Reporting Persons may take such actions with respect to their investments in the Issuer as they deem appropriate, including, without limitation, purchasing additional shares of Class A Common Stock or other financial instruments related to the Issuer or selling some or all of their beneficial or economic holdings, engaging in hedging or similar transactions with respect to the securities relating to the Issuer and/or otherwise changing their intention with respect to any and all matters referred to in Item 4 of Schedule 13D.</div>

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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-WEIGHT: bold; TEXT-ALIGN: left">Interest in Securities of the Issuer.</div>
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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left">The information contained on the cover pages of this Schedule 13D and the information set forth or incorporated in Items 3, 4 and 6 is hereby incorporated by reference in its entirety into this Item 5.</div>

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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left">(a) and (b)</div>

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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left">Ownership percentages set forth in this Schedule 13D are based upon a total of 129,955,905 Class A Common Stock outstanding, which includes all shares of Class A Common Stock and&#160;Class B Common Stock issued and outstanding as of the Closing Date, as reported in the Issuer&#8217;s Form 8-K filed with the Securities and Exchange Commission on November 4, 2016.</div>

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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-STYLE: italic; TEXT-ALIGN: left"><u>Hostess CDM Co-Invest</u></div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left">Hostess CDM Co-Invest directly holds 27,544,568 Units that it may exchange<font style="FONT-SIZE: 10pt; COLOR: #000000">&#160;</font>for, at the option of the Issuer, the number of shares of Class A Common Stock specified in the Exchange Agreement or the cash equivalent of such shares of Class A Common Stock, on the terms and conditions set forth therein. Pursuant to Rule 13d-3 under the Act, Hostess CDM Co-Invest is the beneficial owner of 27,544,568 shares of Class A Common Stock underlying such Units, representing approximately 21.2% of the issued and outstanding shares of Class A Common Stock, and shares the power to vote and dispose of such Class A Common Shares with its managing member, Mr. Metropoulos.</div>

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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-STYLE: italic; TEXT-ALIGN: left"><u>CDM Class C</u></div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-VARIANT: normal; FONT-WEIGHT: normal; FONT-STYLE: normal; TEXT-ALIGN: left">CDM Class C directly holds 2,326,120 Units that it may exchange<font style="COLOR: #000000">&#160;</font>for, at the option of the Issuer, the number of shares of Class A Common Stock specified in the Exchange Agreement or the cash equivalent of such shares of Class A Common Stock, on the terms and conditions set forth therein. Pursuant to Rule 13d-3 under the Act, CDM Class C is the beneficial owner of 2,326,120 shares of Class A Common Stock underlying such Units, representing approximately 1.8% of the issued and outstanding shares of Class A Common Stock, and shares the power to vote and dispose of such Class A Common Shares with its managing member, Mr. Metropoulos</div>

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<div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">CUSIP No.&#160; 382866101</div>
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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-STYLE: italic; TEXT-ALIGN: left"><u>Mr. Metropoulos</u></div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left">Mr. Metropoulos directly holds 500,000 shares of Class A Common Stock and has the sole power to vote and dispose of such shares.</div>

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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left">Mr. Metropoulos also directly holds 2,000,000 Warrants entitling him to purchase one-half of one share of Class A Common Stock per warrant at $5.75 per half share. Pursuant to Rule 13d-3 under the Act, Mr. Metropoulos is the beneficial owner of 1,000,000 shares of Class A Common Stock underlying such Warrants and has the sole power to vote and dispose of such Class A Common Shares.</div>

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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left">Mr. Metropoulos further directly holds 2,496,000 Units that he may exchange<font style="FONT-SIZE: 10pt; COLOR: #000000">&#160;</font>for, at the option of the Issuer, the number of shares of Class A Common Stock specified in the Exchange Agreement or the cash equivalent of such shares of Class A Common Stock, on the terms and conditions set forth therein. Pursuant to Rule 13d-3 under the Act, Mr. Metropoulos is the beneficial owner of 2,496,000 shares of Class A Common Stock underlying such Units and has the sole power to vote and dispose of such Class A Common Shares. Mr. Metropoulos intends to transfer such 2,496,000 Units to one or more of his affiliates after the Closing.</div>

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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left">Collectively, Mr. Metropoulos is the direct beneficial owner of 3,996,000 shares of Class A Common Stock, representing approximately 3.1% of the issued and outstanding shares of Class A Common Stock.</div>

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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left">Mr. Metropoulos, as the managing member of Hostess CDM Co-Invest has the ability to direct the management and the business of Hostess CDM Co-Invest, including the power to vote and dispose of securities held by Hostess CDM Co-Invest. Mr. Metropoulos may, therefore, be deemed to beneficially own 27,544,568 shares of Class A Common Stock, representing approximately 21.2% of the issued and outstanding shares of Class A Common Stock, directly held by Hostess CDM Co-Invest.</div>

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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left">Mr. Metropoulos, as the managing member of CDM Class C has the ability to direct the management and the business of CDM Class C, including the power to vote and dispose of securities held by CDM Class C. Mr. Metropoulos may, therefore, be deemed to beneficially own 2,326,120 shares of Class A Common Stock, representing approximately 1.8% of the issued and outstanding shares of Class A Common Stock, directly held by CDM Class C.</div>

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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left">In the aggregate, Mr. Metropoulos is the beneficial owner of 33,866,688 shares of Class A Common Stock, representing approximately 26.1% of the issued and outstanding shares of Class A Common Stock.</div>

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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left">(c) Except for the transaction described herein, there have been no other transactions in the securities of the Issuer effected by any Reporting Person within the last 60 days.</div>
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<div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">CUSIP No.&#160; 382866101</div>
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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; TEXT-ALIGN: left">(d) To the best knowledge of the Reporting Persons, no person other than the Reporting Persons has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the securities beneficially owned by the Reporting Persons identified in this Item 5.</div>

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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; TEXT-ALIGN: left">(e) Not applicable.</div>
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<div style="MARGIN-BOTTOM: 6pt; FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-WEIGHT: bold; TEXT-ALIGN: left; MARGIN-TOP: 6pt">Item 6.&#160; Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer.</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: justify">The information set forth in Items 3, 4 and 5 of this Schedule 13D is incorporated by reference in its entirety into this Item 6.</div>

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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-WEIGHT: bold; TEXT-ALIGN: justify">Item 7.&#160; Material to Be Filed as Exhibits.</div>

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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: justify">The following are filed herewith or incorporated by reference as Exhibits into this Schedule 13D:</div>

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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: justify">Exhibit A</div>
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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: justify">A written agreement relating to the filing of the joint acquisition statement as required by Rule 13d-1(k)(1) under the Exchange Act.</div>
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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: justify">Exhibit B</div>
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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: justify">Master Transaction Agreement (incorporated by reference from Exhibit 2.1 of the Issuer&#8217;s 8-K filed with the SEC on July 5, 2016).</div>
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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: justify">Exhibit C</div>
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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: justify">Contribution and Purchase Agreement (incorporated by reference from Exhibit 10.20 of the Issuer&#8217;s 8-K filed with the SEC on November 4, 2016).</div>
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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: justify">Exhibit D</div>
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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: justify">Executive Chairman Employment Agreement (incorporated by reference from Exhibit 10.22 of the Issuer&#8217;s 8-K filed with the SEC on November 4, 2016).</div>
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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: justify">Exhibit E</div>
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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: justify">Executive Chairman Director Agreement (incorporated by reference from Exhibit 10.23 of the Issuer&#8217;s 8-K filed with the SEC on November 4, 2016).</div>
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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: justify">Sponsor Letter Agreement (incorporated by reference from Annex K of the Issuer&#8217;s Schedule 14A filed with the SEC on October 11, 2016).</div>
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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: justify">Exhibit G</div>
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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: justify">Certificate of Incorporation (incorporated by reference from Exhibit 3.1 of the Issuer&#8217;s 8-K filed with the SEC on November 4, 2016).</div>
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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: justify">Exhibit H</div>
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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: justify">Exchange Agreement (incorporated by reference from Exhibit 10.19 of the Issuer&#8217;s 8-K filed with the SEC on November 4, 2016).</div>
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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: justify">Exhibit I</div>
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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: justify">Tax Receivable Agreement (incorporated by reference from Exhibit 10.15 of the Issuer&#8217;s 8-K filed with the SEC on November 4, 2016).</div>
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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: justify">Exhibit J</div>
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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: justify">Registration Rights Agreement (incorporated by reference from Exhibit 10.21 of the Issuer&#8217;s 8-K filed with the SEC on November 4, 2016).</div>
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<div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">CUSIP No.&#160; 382866101</div>
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<div style="MARGIN-BOTTOM: 18pt; FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-WEIGHT: bold; TEXT-ALIGN: center">SIGNATURE</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: justify; TEXT-INDENT: 36pt">After reasonable inquiry and to the best of my knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct.</div>

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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left">Dated:&#160; November 14, 2016</div>

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<div style="MARGIN-BOTTOM: 12pt; FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left; TEXT-INDENT: 72pt">Pursuant to Rule 13(d)-1(k)(1) promulgated under the Securities Exchange Act of 1934, as amended, each of the undersigned acknowledges and agrees that the foregoing statement on Schedule 13D is filed on behalf of the undersigned and that all subsequent amendments to this statement on Schedule 13D shall be filed on behalf of the undersigned without the necessity of filing additional joint acquisition statements.&#160;&#160;Each of the undersigned acknowledges that it shall be responsible for the timely filing of such amendments, and for the completeness and accuracy of the information concerning it contained therein, but shall not be responsible for the completeness and accuracy of the information concerning the others, except to the extent that he or it knows or has reason to believe that such information is inaccurate.</div>

<div style="MARGIN-BOTTOM: 12pt; FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left">Dated as of November 14, 2016</div>

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<div style="MARGIN-BOTTOM: 12pt; FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left">IN WITNESS WHEREOF, the undersigned have executed this Joint Filing Agreement as of the date first set forth above.</div>

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<div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; TEXT-ALIGN: left">Michael Cramer</div>
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