secwatch.observer — SEC 8-K summary
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Issuer:     Sow Good Inc. (SOWG)
CIK:        0001490161
Form:       8-K
Filed at:   2024-05-29T23:59:59+00:00
Accession:  0000950170-24-066060
Event type: other_material
Sentiment:  positive
Materiality: 0.65
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sow Good signs lease for 324,000 sq ft Dallas facility; plans 5 new freeze driers
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- 62-month lease for 324,000 sq ft at 4024 Rock Quarry Rd, Dallas, TX; $122,175/mo rent escalating to $297,289.
- $1,000,000 security deposit required; facility includes 306,500 sq ft production/packaging/distribution space and 17,400 sq ft office.
- Deposit placed for 5 freeze driers; 3 expected operational within 6 months, remaining 2 shortly after.
- Distribution from new facility to start within one month; packaging within four months; freeze-drying within six months.
- Executive Chairman Ira Goldfarb cites expansion to meet soaring demand and maintain category leadership.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1490161/000095017024066060/0000950170-24-066060-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1490161/000095017024066060/sowg-20240522.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-066060

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