{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-24-059129","form_type":"8-K","ticker":null,"cik":"0001753706","company_name":"Whole Earth Brands, Inc.","filed_at":"2024-05-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:19.896854+00:00","generated_at":"2026-06-02T06:34:42.728284+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Whole Earth Brands Q1 revenue -2.2% to $129.5M, net loss narrows; $4.875/share acquisition on track","bullets":["Revenue $129.5M (-2.2% reported); Branded CPG -3.5%, Flavors & Ingredients +2.1%.","Net loss $9.4M vs. -$19.8M YoY; Adjusted EBITDA $19.1M, up 15.2% YoY.","Gross margin 28.8% (up from 24.4%); adjusted gross margin 32.5% (from 29.9%).","Acquisition by Ozark Holdings at $4.875/share (56% premium) expected to close later in Q2 2024.","Corporate expenses $10.4M due to merger costs; cash $23.8M, long-term debt $422.4M."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-24-059129","json":"https://secwatch.observer/filing/0001104659-24-059129.json","markdown":"https://secwatch.observer/filing/0001104659-24-059129.md","text":"https://secwatch.observer/filing/0001104659-24-059129.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1753706/000110465924059129/0001104659-24-059129-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1753706/000110465924059129/tm2413522d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T06:34:42.728284+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":"a088860df6d4daa2ec508d0d7c7fa859c620c636","claim":"Whole Earth Brands, Inc. reported first quarter ended March 31, 2024 results: revenue $129.5 million, net income $9.4 million.","evidence_excerpt":"FIRST QUARTER 2024 RESULTS · Consolidated product revenues were $129.5 million, a decrease of 2.2% on a reported basis and 2.3% on a constant currency basis, as compared to the prior year first quarter. · Reported gross profit was $37.3 million, compared to $32.3 million in the prior year first quarter. The increase was largely driven by lower raw material and freight costs, a decline in costs associated with the supply chain reinvention project, and favorable product mix. Adjusted gross profit was $42.1 million, compared to $39.5 million in the prior year first quarter. · Reported gross profit margin increased to 28.8% in the first quarter of 2024, compared to 24.4% in the prior year period. Adjusted gross profit margin increased to 32.5%, compared to 29.9% in the prior year first quarter. · Consolidated operating income was $3.1 million compared to $3.0 million in the prior year first quarter. The increase was driven by the improvement in gross margin, which was partially offset by c","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1753706/000110465924059129/0001104659-24-059129-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2024"},{"label":"Revenue","value":"$129.5 million"},{"label":"Net income","value":"$9.4 million"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}