other_material
confidence high
sentiment neutral
materiality 0.50
Innovative Food Holdings amends property sale: price cut to $9.225M, new 60-day closing
INNOVATIVE FOOD HOLDINGS INC
- Total purchase price reduced from $9.825M to $9.225M via Third Amendment dated Nov 13, 2025.
- Closing set for 60 days after amendment; buyer may extend 30 days twice with additional deposits ($250K then $100K).
- Buyer must deposit $150K additional earnest money within 2 days as condition to effectiveness; total deposit becomes $500K.
- Inspection period acknowledged as expired; seller is Innovative Food Properties LLC, buyer Mountaintop Holdings LLC.
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