---
schema_version: "secwatch.filing_event.v1"
accession: "0000807882-25-000081"
form_type: "8-K"
ticker: "JACK"
cik: "0000807882"
company_name: "JACK IN THE BOX INC"
filed_at: "2025-12-23T23:59:59+00:00"
generated_at: "2026-05-16T12:22:22.119870+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Jack in the Box completes sale of Del Taco for $119M in cash and note

## Summary
- Closed sale of Del Taco to Yadav Enterprises for approx. $119M; received $109M cash at closing.
- Remaining $10M deferred via 21-day promissory note at 8% annual interest, guaranteed by Anil Yadav.
- Transaction aligns with 'Jack on Track' plan to simplify business, reduce debt, and focus on Jack in the Box brand.
- CEO Lance Tucker cites meaningful progress in shifting to asset-light model and driving shareholder value.

## SEC filing metadata
- accession: 0000807882-25-000081
- form_type: 8-K
- ticker: JACK
- cik: 0000807882
- company_name: JACK IN THE BOX INC
- filed_at: 2025-12-23T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/807882/000080788225000081/0000807882-25-000081-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/807882/000080788225000081/jack-20251222.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000807882-25-000081
- JSON: https://secwatch.observer/filing/0000807882-25-000081.json
- Plain text: https://secwatch.observer/filing/0000807882-25-000081.txt

## Key facts
- M&A Transactions
  JACK IN THE BOX INC completed a disposition involving Del Taco Group, LLC for approximately $119.0 million (closed 2025-12-22).
  - Action: disposition
  - Counterparty: Del Taco Group, LLC
  - Consideration: approximately $119.0 million
  - Closing: 2025-12-22
  source text: On December 22, 2025 (the “Closing Date”), Jack in the Box Inc., a Delaware corporation (the “Company”) completed its previously announced sale of Del Taco Holdings Inc., a Delaware corporation and wholly owned subsidiary of the Company that owns and operates the Company’s Del Taco restaurant operations, to Del Taco Group, LLC, a California limited liability company and assignee of Yadav Enterprises, Inc., a California corporation and franchisee of the Company (“Buyer”), pursuant to a Stock Purchase Agreement (the “Purchase Agreement”), dated October 15, 2025, by and among the Company, Buyer and Anil Yadav, a natural person (“Buyer Guarantor”), for an aggregate purchase price of approximately $119.0 million (the “Purchase Price”) in cash (the “Transaction”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/807882/000080788225000081/0000807882-25-000081-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.