El Pollo Loco Files 8-K: Material Agreement & Other Events

TL;DR

El Pollo Loco signed a big deal, filed financials. More details to come.

AI Summary

On May 23, 2024, El Pollo Loco Holdings, Inc. entered into a Material Definitive Agreement, the details of which are not fully disclosed in this filing. The company also reported other events and filed financial statements and exhibits.

Why It Matters

This filing indicates significant corporate activity for El Pollo Loco, potentially involving new contracts or strategic changes that could impact its business operations and financial performance.

Risk Assessment

Risk Level: medium — The filing mentions a 'Material Definitive Agreement' without providing specifics, which introduces uncertainty about the nature and impact of this agreement.

Key Players & Entities

• El Pollo Loco Holdings, Inc. (company) — Registrant
• May 23, 2024 (date) — Date of earliest event reported

FAQ

From the Filing

0001606366-24-000032.txt : 20240529 0001606366-24-000032.hdr.sgml : 20240529 20240529132920 ACCESSION NUMBER: 0001606366-24-000032 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 15 CONFORMED PERIOD OF REPORT: 20240523 ITEM INFORMATION: Entry into a Material Definitive Agreement ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20240529 DATE AS OF CHANGE: 20240529 FILER: COMPANY DATA: COMPANY CONFORMED NAME: El Pollo Loco Holdings, Inc. CENTRAL INDEX KEY: 0001606366 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-EATING PLACES [5812] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 203563182 STATE OF INCORPORATION: DE FISCAL YEAR END: 1225 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-36556 FILM NUMBER: 24996745 BUSINESS ADDRESS: STREET 1: 3535 HARBOR BOULEVARD STREET 2: SUITE 100 CITY: COSTA MESA STATE: CA ZIP: 92626 BUSINESS PHONE: 7145995000 MAIL ADDRESS: STREET 1: 3535 HARBOR BOULEVARD STREET 2: SUITE 100 CITY: COSTA MESA STATE: CA ZIP: 92626 8-K 1 loco-20240523x8k.htm 8-K 0001606366 false 0001606366 2024-05-23 2024-05-23 ​ ​ UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 ​ FORM 8-K ​ CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 ​ Date of report (Date of earliest event reported): May 23, 2024 ​ Commission File Number: 001-36556 ​ El Pollo Loco Holdings, Inc. (Exact name of registrant as specified in its charter.) ​ ​ ​ Delaware 20-3563182 (State or other jurisdiction of incorporation or organization) (IRS Employer Identification No.) ​ ​ ​ ​ 3535 Harbor Blvd Suite 100 , Costa Mesa , California 92626 (Address of principal executive offices) ​ ​ ​ 714 - 599-5000 (Registrant's Telephone number) ​ Not Applicable (Former Name or Former Address, if Changed Since Last Report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) ​ Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR 230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR 240.12b-2) Emerging growth company  ☐ ​ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ☐ ​ Securities registered pursuant to Section 12(b) of the Act: ​ ​ ​ ​ Title of each class Trading Symbol(s) Name of exchange on which registered Common Stock, par value $0.01 per share LOCO The Nasdaq Stock Market LLC ​ ​ ​ ​ ​ ​ Item 1.01 Entry into a Material Definitive Agreement. On May 23, 2024, El Pollo Loco Holdings, Inc., a Delaware corporation (the “Company”), entered into a Stock Repurchase Agreement (the “Repurchase Agreement”) with FS Equity Partners V, L.P. and FS Affiliates V, L.P. (together, the “Sellers”), pursuant to which the Company agreed to purchase an aggregate of 1,534,303 shares of the Company’s common stock, par value $0.01 per share (“Common Stock”), from the Sellers at a price of $9.785 per share, representing the closing price of such shares as listed on Nasdaq on Ma