secwatch.observer — SEC 8-K summary
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Issuer:     Utz Brands, Inc. (UTZ)
CIK:        0001739566
Form:       8-K
Filed at:   2026-08-05T10:31:07+00:00
Accession:  0001628280-26-052888
Event type: m_and_a
Sentiment:  positive
Materiality: 1.00
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Utz Brands agrees to be taken private at $14.25/share; Q2 net loss of $16M
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- Intersnack Group to acquire all Class A common stock for $14.25/share cash; Rice and Lissette families to own 50% each post-close.
- Transaction expected to close in Q4 2026; no further guidance or earnings call provided.
- Q2 net sales up 1.4% to $371.8M; net loss of $16.0M vs net income of $10.1M a year ago.
- Adjusted EBITDA rose 14.4% to $55.7M; adjusted EPS up 11.8% to $0.19.
- Net leverage ratio improved 0.6x to 3.5x; adjusted free cash flow improved to $(0.7)M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1739566/000162828026052888/0001628280-26-052888-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1739566/000162828026052888/utz-20260805.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-052888

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer