---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-25-000798"
form_type: "8-K"
ticker: "LIND"
cik: "0001512499"
company_name: "LINDBLAD EXPEDITIONS HOLDINGS, INC."
filed_at: "2025-01-10T23:59:59+00:00"
generated_at: "2026-05-28T04:53:22.692904+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Lindblad closes acquisition of Galapagos vessel operator Torcatt Enterprises for $17M

## Summary
- Closed acquisition of 100% of Torcatt Enterprises Limitada for $17 million on January 9, 2025.
- Torcatt holds interests in two vessels (48-passenger and 16-passenger) operating in the Galapagos Islands.
- Acquisition expands Lindblad's operations in a core market, adding capacity in the Galapagos.
- Deal was previously reported; closing completed as scheduled.

## SEC filing metadata
- accession: 0001437749-25-000798
- form_type: 8-K
- ticker: LIND
- cik: 0001512499
- company_name: LINDBLAD EXPEDITIONS HOLDINGS, INC.
- filed_at: 2025-01-10T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1512499/000143774925000798/0001437749-25-000798-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1512499/000143774925000798/lindb20250109_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-25-000798
- JSON: https://secwatch.observer/filing/0001437749-25-000798.json
- Plain text: https://secwatch.observer/filing/0001437749-25-000798.txt

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