---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-26-000636"
form_type: "8-K"
ticker: "SG"
cik: "0001477815"
company_name: "Sweetgreen, Inc."
filed_at: "2026-01-05T23:59:59+00:00"
generated_at: "2026-05-16T11:39:17.698439+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Sweetgreen completes sale of Spyce (Infinite Kitchen) to Wonder for $186.4M

## Summary
- Total consideration: $100M cash + $86.4M in Wonder Series C preferred stock (implied value).
- Pro forma gain on disposal of ~$160M; net assets disposed were $23.1M.
- Sweetgreen will continue using Infinite Kitchen under long-term supply and services agreement.
- Spyce was acquired in 2021 for ~$70M; Infinite Kitchen now in 20+ locations.
- Transaction allows Sweetgreen to focus on core restaurant operations and growth.

## SEC filing metadata
- accession: 0001628280-26-000636
- form_type: 8-K
- ticker: SG
- cik: 0001477815
- company_name: Sweetgreen, Inc.
- filed_at: 2026-01-05T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1477815/000162828026000636/0001628280-26-000636-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1477815/000162828026000636/sg-20251229.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-26-000636
- JSON: https://secwatch.observer/filing/0001628280-26-000636.json
- Plain text: https://secwatch.observer/filing/0001628280-26-000636.txt

## Source-grounded claims
- claim_id: 8b2c82d4adc5f0a17ca89724359efbb30be46406
  claim: Sweetgreen, Inc. completed a disposition involving Wonder Group, Inc. for $100.0 million in cash and issued to the Company shares of Series C Preferred Stock of Wonder with an implied value of $86.4 million (closed 2025-12-29).
  evidence_excerpt: Sub II continuing as a wholly-owned subsidiary of Wonder (collectively, the “Spyce Sale”). On the Closing Date, as consideration for the Spyce Sale, Wonder paid to the Company $100.0 million in cash and issued to the Company shares of Series C Preferred Stock of Wonder with an implied value of $86.4 million based on the price per share at which shares were issued by
  evidence_url: https://www.sec.gov/Archives/edgar/data/1477815/000162828026000636/0001628280-26-000636-index.htm

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