secwatch.observer — SEC 8-K summary
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Issuer:     Sow Good Inc. (SOWG)
CIK:        0001490161
Form:       8-K
Filed at:   2026-01-05T23:59:59+00:00
Accession:  0001193125-26-001510
Event type: other_material
Sentiment:  neutral
Materiality: 0.85
Item codes: 1.01, 3.02, 5.03, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sow Good raises $6M via preferred placement, sells assets for $1.5M, appoints new CEO
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- Issued 1.5M Series AA preferred shares at $2 each ($3M) in first closing; second closing of Series AAA expected by March 31, 2026.
- Sold freeze-dried snack assets to related party Trea Grove for $1.5M payable through March 2026; entered exclusive distribution agreement.
- Ira Goldfarb resigned as Executive Chairman; David Lazar appointed CEO and Chair; Claudia Goldfarb stepped down as CEO.
- Directors Joe Mueller and Chris Ludeman resigned; David Lazar and David Natan elected to the board.
- Settlement agreements with Executive Chairman Ira Goldfarb ($1.25M cash upon stockholder meeting) and directors Mueller and Ludeman.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1490161/000119312526001510/0001193125-26-001510-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1490161/000119312526001510/sowg-20251231.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-001510

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer