Innovative Food Holdings raises $3.75M via private placement of 9.375M shares at $0.40/share

INNOVATIVE FOOD HOLDINGS INC

Company sold 9,375,000 shares of common stock at $0.40 per share to three institutional investors.
Aggregate gross proceeds of $3.75 million from the private placement.
Investors include JCP Investment Partnership LP, Bandera Master Fund LP, and SV Asset Management LLC.
Offering conducted under Rule 506(b) of Regulation D as an exempt transaction.
Shares carry restrictive legends and are not registered under the Securities Act of 1933.

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