---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-309592"
form_type: "8-K"
ticker: "UTZ"
cik: "0001739566"
company_name: "Utz Brands, Inc."
filed_at: "2026-07-21T12:16:19+00:00"
generated_at: "2026-07-21T12:20:04.509972+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Intersnack Group to acquire Utz Brands for $14.25/share in cash, ~$2.9B EV

## Summary
- Purchase price of $14.25/share represents ~91% premium to July 20, 2026 closing price.
- Enterprise value of approximately $2.9 billion; transaction expected to close in Q4 2026.
- Rice and Lissette Family to own 50% of Utz post-close; Dylan Lissette to become Executive Chair.
- Financing includes ~$920M cash from Intersnack, $1.1B term loan, and $250M ABL facility.
- Utz will not host Q2 2026 earnings call or issue earnings presentation due to the transaction.

## SEC filing metadata
- accession: 0001193125-26-309592
- form_type: 8-K
- ticker: UTZ
- cik: 0001739566
- company_name: Utz Brands, Inc.
- filed_at: 2026-07-21T12:16:19+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 8.01, 9.01, 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1739566/000119312526309592/0001193125-26-309592-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1739566/000119312526309592/d157266d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-309592
- JSON: https://secwatch.observer/filing/0001193125-26-309592.json
- Plain text: https://secwatch.observer/filing/0001193125-26-309592.txt

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