---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-012142"
form_type: "8-K"
ticker: null
cik: "0001648903"
company_name: "First Foods Group, Inc."
filed_at: "2024-02-09T23:59:59+00:00"
generated_at: "2026-06-06T04:51:31.173969+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# First Foods Group sells Holy Cacao assets for $100K; pivots to healthcare, plans name change

## Summary
- Subsidiary Holy Cacao sold raw materials, lease interest, equipment to NUTRIPK LLC for $100,000 cash.
- Buyer pays 5% sales commission on all GNC-related business for 5 years if relationship starts within 2 years.
- Sale excludes patents, recipes, formulas, and finished goods; company retains proprietary IP.
- Company pivoting to healthcare field; plans corporate name change and new stock symbol.
- Lease assignment required; security deposit of $24,059.61 to be returned to Seller or reimbursed by Operator.

## SEC filing metadata
- accession: 0001213900-24-012142
- form_type: 8-K
- cik: 0001648903
- company_name: First Foods Group, Inc.
- filed_at: 2024-02-09T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 2.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1648903/000121390024012142/0001213900-24-012142-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1648903/000121390024012142/ea193323-8k_firstfoods.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-012142
- JSON: https://secwatch.observer/filing/0001213900-24-012142.json
- Plain text: https://secwatch.observer/filing/0001213900-24-012142.txt

## Key facts
- M&A Transactions
  First Foods Group, Inc. completed a disposition involving NUTRIPK LLC for $100,000.
  - Action: disposition
  - Counterparty: NUTRIPK LLC
  - Consideration: $100,000
  source text: improvements at its leased Facility. The sale did not include patents, recipes, formulas, proprietary packaging materials and finished goods inventory. The purchase price was $100,000. In addition, Buyer shall pay Seller a sales commission equal to 5% of all gross sales for a period of five (5) years for all business it transacts with GNC, its affiliates or
  evidence_url: https://www.sec.gov/Archives/edgar/data/1648903/000121390024012142/0001213900-24-012142-index.htm
- Material Agreements
  First Foods Group, Inc. entered into Sale and Purchase of Assets Agreement with NUTRIPK LLC valued at $100,000 (effective 2024-02-05).
  - Action: entry
  - Agreement: asset purchase
  - Counterparty: NUTRIPK LLC
  - Value: $100,000
  - Effective: 2024-02-05
  source text: Effective February 5, 2024, our subsidiary, Holy Cacao, Inc. (“Seller”), entered into a Sale and Purchase of Assets Agreement (“Agreement”) with NUTRIPK LLC, a Florida Limited Liability Corporation (“Buyer”) and an affiliate of Buyer, Nutrifactory LLC.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1648903/000121390024012142/0001213900-24-012142-index.htm

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