{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-25-082470","form_type":"8-K","ticker":"VFF","cik":"0001584549","company_name":"Village Farms International, Inc.","filed_at":"2025-06-05T23:59:59+00:00","discovered_at":"2026-05-14T18:02:48.887611+00:00","generated_at":"2026-05-19T21:52:50.491314+00:00","sec_items":["1.01","2.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Village Farms completes produce business contribution to Vanguard for $40M cash and 37.9% stake","bullets":["Received $40M cash ($5M escrowed) and 37.9% equity in Vanguard Food LP; investors contributed $55M.","Pro forma net loss improved to $3.3M (Q1 2025), $32.2M (FY2024), $31.5M (FY2023) vs historical losses.","Vanguard board: Charlie Sweat (Exec Chair), Michael DeGiglio (Interim CEO), Steve Ruffini; 5-member board.","Retains 60-acre Delta 1 greenhouse in Canada; enters multi-year supply agreement with Vanguard.","Transaction proceeds used to repay $5M revolver and $3M term loan; reduces ongoing interest expense."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-25-082470","json":"https://secwatch.observer/filing/0000950170-25-082470.json","markdown":"https://secwatch.observer/filing/0000950170-25-082470.md","text":"https://secwatch.observer/filing/0000950170-25-082470.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1584549/000095017025082470/0000950170-25-082470-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1584549/000095017025082470/vff-20250530.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-19T21:52:50.491314+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"e90cc24f7f1354672c26da383595427da492baff","claim":"Village Farms International, Inc. completed a disposition involving Vanguard Food GP LLC, Vanguard Food LP and certain of its subsidiaries (collectively, Vanguard) for $40 million (closed 2025-05-30).","evidence_excerpt":"(the “Business”) to Vanguard, (b) the Initial Investors contributed $55 million to Vanguard and (c) as consideration for the foregoing, (i) Vanguard Food LP paid the VF Sellers $40 million ($5 million of which has been placed in escrow for one year to secure the VF Sellers’ indemnification obligations under the Framework Agreement and the TSA (as defined below)),","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1584549/000095017025082470/0000950170-25-082470-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"disposition"},{"label":"Counterparty","value":"Vanguard Food GP LLC, Vanguard Food LP and certain of its subsidiaries (collectively, Vanguard)"},{"label":"Consideration","value":"$40 million"},{"label":"Closing","value":"2025-05-30"}],"fact_type":"ma_transaction"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}