---
schema_version: "secwatch.filing_event.v1"
accession: "0001185185-24-000068"
form_type: "8-K"
ticker: "IVFH"
cik: "0000312257"
company_name: "INNOVATIVE FOOD HOLDINGS INC"
filed_at: "2024-01-12T23:59:59+00:00"
generated_at: "2026-06-07T00:11:38.708337+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# IVFH restructures Home Gourmet e-commerce, sells two non-core businesses

## Summary
- Restructuring Home Gourmet: cutting ~20 jobs, halting paid marketing, reducing assortment 50%.
- Expected annualized revenue down ~$6M, profit up ~$650K; one-time cost $100K-$200K.
- Closed sale of Grow Brand Management for $225K (net $75K); annual revenue cut ~$1M.
- Agreed to sell Haley Food Group for ~21,000 IVFH shares returned; revenue down ~$175K, profit up ~$75K.
- Continues marketing Bonita Springs and Mountain Top buildings for sale/lease to eliminate long-term debt.

## SEC filing metadata
- accession: 0001185185-24-000068
- form_type: 8-K
- ticker: IVFH
- cik: 0000312257
- company_name: INNOVATIVE FOOD HOLDINGS INC
- filed_at: 2024-01-12T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- 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/312257/000118518524000068/0001185185-24-000068-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/312257/000118518524000068/innovfood20240112_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001185185-24-000068
- JSON: https://secwatch.observer/filing/0001185185-24-000068.json
- Plain text: https://secwatch.observer/filing/0001185185-24-000068.txt

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