{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-24-054943","form_type":"8-K","ticker":"SMPL","cik":"0001702744","company_name":"Simply Good Foods Co","filed_at":"2024-04-30T23:59:59+00:00","discovered_at":"2026-05-14T18:03:19.656922+00:00","generated_at":"2026-06-03T04:33:32.492315+00:00","sec_items":["1.01","7.01","8.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Simply Good Foods acquires OWYN for $280M cash; expects ~$120M 2024 net sales","bullets":["Purchase price of $280M cash for 100% of Only What You Need (OWYN), a plant-based RTD protein shake brand.","OWYN expected to achieve ~$120M net sales in 2024; transaction multiple ~2.3x sales or 13.3x Adjusted EBITDA incl. synergies.","Financed with ~$50M balance sheet cash and committed debt from Barclays and Deutsche Bank; pro forma leverage ~1.5x.","Expected to close by end of fiscal year 2024 (Aug 27, 2024); subject to HSR and customary conditions.","Transaction expected to be approximately neutral to Adjusted Diluted EPS in the year after close, excluding one-time costs."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-24-054943","json":"https://secwatch.observer/filing/0001104659-24-054943.json","markdown":"https://secwatch.observer/filing/0001104659-24-054943.md","text":"https://secwatch.observer/filing/0001104659-24-054943.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1702744/000110465924054943/0001104659-24-054943-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1702744/000110465924054943/tm2413019d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T04:33:32.492315+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":[{"claim_id":"16d36fff2ec2b2c0a2dda9502d3ddf07983fe45c","claim":"Simply Good Foods Co entered into Purchase Agreement with Safe Brands, LLC valued at $280,000,000 (effective 2024-04-29).","evidence_excerpt":"On April 29, 2024, Simply Good Foods USA, Inc., a New York corporation (“ Simply USA ”), entered into a Stock Purchase Agreement (the “ Purchase Agreement ”) with Safe Brands, LLC, a Delaware limited liability company (“ Seller ”), and Only What You Need, Inc., a Delaware corporation (“ Target ”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1702744/000110465924054943/0001104659-24-054943-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"asset purchase"},{"label":"Counterparty","value":"Safe Brands, LLC"},{"label":"Value","value":"$280,000,000"},{"label":"Effective","value":"2024-04-29"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}