Innovative Food Holdings to rename Harvest Group, raise $3.25M, reverse split stock for Nasdaq uplisting

INNOVATIVE FOOD HOLDINGS INC

Stockholders approved name change to Harvest Group Holdings, Inc. and reverse stock split within 1-for-3 to 1-for-7 range.
Company raised $3.25M via private placement of 2,031,250 shares at $1.60 per share; proceeds for working capital.
Plans to uplist to Nasdaq in first half of 2025, pending approvals and meeting listing requirements.
CEO Bill Bennett states the moves reflect a transformation and growth strategy, including divestiture of eight entities.

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