---
schema_version: "secwatch.filing_event.v1"
accession: "0001857154-24-000082"
form_type: "8-K"
ticker: "DNUT"
cik: "0001857154"
company_name: "Krispy Kreme, Inc."
filed_at: "2024-07-22T23:59:59+00:00"
generated_at: "2026-05-31T18:37:24.208874+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Krispy Kreme sells majority stake of Insomnia Cookies for $350M enterprise value

## Summary
- Sale of majority stake of Insomnia Cookies for $350M enterprise value, double the 2018 acquisition price.
- Krispy Kreme received $127.4M cash upfront; additional $45M expected from intercompany debt refinancing.
- Krispy Kreme retains ~34% minority stake; proceeds to pay down debt and expand doughnut business.
- Executives Tattersfield and Charlesworth received $1.98M and $0.49M for REU cancellations related to transaction.
- Full year 2024 guidance to be updated at upcoming Q2 2024 earnings call.

## SEC filing metadata
- accession: 0001857154-24-000082
- form_type: 8-K
- ticker: DNUT
- cik: 0001857154
- company_name: Krispy Kreme, Inc.
- filed_at: 2024-07-22T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1857154/000185715424000082/0001857154-24-000082-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1857154/000185715424000082/dnut-20240717.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001857154-24-000082
- JSON: https://secwatch.observer/filing/0001857154-24-000082.json
- Plain text: https://secwatch.observer/filing/0001857154-24-000082.txt

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