{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-22-052278","form_type":"8-K","ticker":"UTZ","cik":"0001739566","company_name":"Utz Brands, Inc.","filed_at":"2022-04-28T23:59:59+00:00","discovered_at":"2026-05-14T18:04:02.076693+00:00","generated_at":"2026-06-26T03:32:32.388041+00:00","sec_items":["3.02","8.01","7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Utz Brands buys NC manufacturing facility for ~$39M; funds $28M via private placement to seller","bullets":["Purchase price of ~$38.4M plus $1.3M liabilities; funded with $10.4M cash and $28M from sale of 2.1M shares to Benestar affiliates.","125,000 sqft facility in Kings Mountain, NC, expandable to 200,000 sqft; expected to add 115+ local jobs by 2027.","Benestar will supply pork pellets from Chicago operations; transaction expected to be accretive to earnings within 12-18 months.","Demand growth for Utz brands in Southeast (14.4%), Northeast (14.5%), and Mid-South (15.0%) for 26 weeks ended March 20, 2022.","Facility enables in-sourcing of manufacturing and should improve long-term margins through cost synergies."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-22-052278","json":"https://secwatch.observer/filing/0001104659-22-052278.json","markdown":"https://secwatch.observer/filing/0001104659-22-052278.md","text":"https://secwatch.observer/filing/0001104659-22-052278.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1739566/000110465922052278/0001104659-22-052278-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1739566/000110465922052278/tm2213843d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-26T03:32:32.388041+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}