---
schema_version: "secwatch.filing_event.v1"
accession: "0001096906-21-002214"
form_type: "8-K"
ticker: "LIFD"
cik: "0001391135"
company_name: "LFTD PARTNERS INC."
filed_at: "2021-09-02T23:59:59+00:00"
generated_at: "2026-06-29T06:05:08.876269+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# LFTD Partners signs LOI to acquire Fresh Farms for ~$45.6M in cash and stock

## Summary
- Total consideration of $14.17M cash plus 7.08M unregistered shares valued at $31.45M using $4.44 closing price.
- Fresh Farms reports unaudited YTD 2021 revenue >$17M (doubled 2020's $8M) and pre-tax profit ~$7M.
- Closing conditioned on $50M capital raise by AQSP, acceptable due diligence and audit, and definitive agreements.
- Fresh Farms co-founders to remain as CEO, Sales Manager, Director of Sales, and consultant under 5-year rolling deals.
- Acquisition would add e-liquid brands Fruitia, HAPPI, JUS, and 80% of Lift Brands North America.

## SEC filing metadata
- accession: 0001096906-21-002214
- form_type: 8-K
- ticker: LIFD
- cik: 0001391135
- company_name: LFTD PARTNERS INC.
- filed_at: 2021-09-02T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1391135/000109690621002214/0001096906-21-002214-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1391135/000109690621002214/aqsp-20210901.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001096906-21-002214
- JSON: https://secwatch.observer/filing/0001096906-21-002214.json
- Plain text: https://secwatch.observer/filing/0001096906-21-002214.txt

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