Utz Brands, Inc. filed a current report on November 13, 2026, disclosing that its stockholders voted to approve the proposed merger with Idaho USA, Inc., an affiliate of Intersnack Group GmbH & Co. KG, at a special meeting held that same day.

Key Highlights

  • Stockholder approval obtained: Based on preliminary estimated results, stockholders approved the proposal to adopt the Merger Agreement and all related Transaction Agreements at a virtual special meeting on November 13, 2026.
  • Advisory compensation vote passed: Stockholders also approved, on a non-binding, advisory basis, compensation that will or may become payable to named executive officers in connection with the Merger.
  • Adjournment proposal rendered moot: Because the Transaction Proposal was approved on preliminary results, the adjournment proposal was not called for a vote.
  • Expected closing date: The company disclosed it expects the Merger to be consummated on or around November 20, 2026, subject to the satisfaction or waiver of remaining closing conditions.
  • Final results forthcoming: According to the filing, final Special Meeting results will be disclosed by the company in a separate current report.

Utz Brands Stockholder Vote Clears Key Hurdle for Intersnack Acquisition

Utz Brands, Inc. (NYSE:UTZ), a Delaware corporation headquartered at 900 High Street, Hanover, Pennsylvania, is a branded snack food company whose Class A Common Stock trades on the New York Stock Exchange. The company disclosed that it entered into an Agreement and Plan of Merger on July 20, 2026, with Idaho USA, Inc. as acquiror, Idaho Merger Sub, Inc. as the merger subsidiary, and Intersnack Group GmbH & Co. KG, a German limited partnership, as an additional party. Under the terms of the Merger Agreement, Merger Sub will merge with and into the company, with Utz Brands continuing as the surviving corporation.

At the virtual special meeting held on November 13, 2026, at 9:00 a.m. Eastern Time via live interactive webcast, stockholders voted on two substantive proposals. According to the filing, preliminary estimated results were provided by the company's proxy solicitor, Innisfree M&A Incorporated. The first proposal, to approve and adopt the Merger Agreement together with associated Transaction Agreements and transactions including the Merger, the TRA Payment, and the Recapitalization, was approved. The second proposal, regarding advisory, non-binding executive compensation connected to the Merger, was also approved.

The filing noted that because the primary Transaction Proposal received sufficient votes on a preliminary basis, a third proposal that would have authorized adjournment of the Special Meeting to gather additional proxies was rendered moot and was not put to a vote. The company stated that it expects the Merger to close on or around November 20, 2026, contingent on the satisfaction or waiver of remaining closing conditions. The report was signed by Theresa R. Shea, Executive Vice President, Chief Legal Officer and Corporate Secretary of Utz Brands, Inc.

What Was Disclosed

Utz Brands reported that its stockholders approved the Intersnack merger agreement at a November 13, 2026 special meeting based on preliminary results, with a final vote tally to be disclosed in a subsequent current report. The company expects the transaction to close around November 20, 2026.