secwatch.observer — SEC 8-K summary
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Issuer:     LFTD PARTNERS INC. (LIFD)
CIK:        0001391135
Form:       8-K
Filed at:   2026-09-30T22:07:54+00:00
Accession:  0001096906-26-001491
Event type: m_and_a
Sentiment:  positive
Materiality: 0.65
Item codes: 1.02, 2.01, 7.01, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

LFTD Partners' Lifted Made sells Kenosha building for $1.5M, repays all bank debt; cash tops $2.4M
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- Lifted Made closed the sale of its 11,238 sq ft Kenosha, WI building at 5511 95th Ave to Ad Real Estate Group LLC for $1.5M cash on Sept 29, 2026; it was bought Dec 14, 2023 for $1,375,000.
- $841,109.63 of proceeds repaid the Surety Bank building loan (10% fixed rate, December 2028 maturity), including a $9,100 prepayment penalty; LFTD has no bank debt remaining.
- Net cash proceeds to Lifted were $592,485.36 after a $45,000 broker commission, $4,500 Wisconsin transfer tax, $12,823.27 prorated tax credit to buyer, and $3,697 title/escrow costs.
- Following the sale, LFTD Partners held more than $2.4M in cash; President and CFO Jake Jacobs said Sept 30 consolidated cash exceeds the company's market cap by almost $1 million.
- Operations moved into existing leased Kenosha facilities totaling 41,025 sq ft; the accounting gain or loss is undetermined and will be reflected in Q3 2026 financials.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1391135/000109690626001491/0001096906-26-001491-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1391135/000109690626001491/lifd-20260929_8k.htm
  HTML page:      https://secwatch.observer/filing/0001096906-26-001491

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