---
schema_version: "secwatch.filing_event.v1"
accession: "0001999371-25-003941"
form_type: "8-K"
ticker: "LOCO"
cik: "0001606366"
company_name: "El Pollo Loco Holdings, Inc."
filed_at: "2025-04-07T23:59:59+00:00"
generated_at: "2026-05-23T19:42:14.428641+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# El Pollo Loco receives unsolicited non-binding bid from Biglari Capital

## Summary
- Biglari Capital submitted non-binding offer to acquire all LOCO common stock it does not already own.
- Board evaluating proposal with advisors; confidentiality agreement with standstill signed on April 6, 2025.
- No timetable set for decision; no assurance that a formal offer or transaction will result.

## SEC filing metadata
- accession: 0001999371-25-003941
- form_type: 8-K
- ticker: LOCO
- cik: 0001606366
- company_name: El Pollo Loco Holdings, Inc.
- filed_at: 2025-04-07T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1606366/000199937125003941/0001999371-25-003941-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1606366/000199937125003941/loco-8k_040625.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001999371-25-003941
- JSON: https://secwatch.observer/filing/0001999371-25-003941.json
- Plain text: https://secwatch.observer/filing/0001999371-25-003941.txt

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