---
schema_version: "secwatch.filing_event.v1"
accession: "0001185185-24-000868"
form_type: "8-K"
ticker: "IVFH"
cik: "0000312257"
company_name: "INNOVATIVE FOOD HOLDINGS INC"
filed_at: "2024-09-05T23:59:59+00:00"
generated_at: "2026-05-31T06:20:02.676498+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Innovative Food Holdings closes sale of igourmet.com for $700K cash plus assumption of $350K gift card liabilities

## Summary
- Sale closed Aug 30, 2024: $525K cash at closing, $175K due within 30 days.
- Buyer iGourmet, LLC assumed approximately $350K of gift card liabilities.
- Proceeds will fund new retailer business with automated cheese cutting/wrapping machinery.
- Transaction part of IVFH strategic plan to divest non-core assets and focus on foodservice.

## SEC filing metadata
- accession: 0001185185-24-000868
- form_type: 8-K
- ticker: IVFH
- cik: 0000312257
- company_name: INNOVATIVE FOOD HOLDINGS INC
- filed_at: 2024-09-05T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/312257/000118518524000868/0001185185-24-000868-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/312257/000118518524000868/innovfood20240904_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001185185-24-000868
- JSON: https://secwatch.observer/filing/0001185185-24-000868.json
- Plain text: https://secwatch.observer/filing/0001185185-24-000868.txt

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