---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-26-006604"
form_type: "8-K"
ticker: "LIND"
cik: "0001512499"
company_name: "LINDBLAD EXPEDITIONS HOLDINGS, INC."
filed_at: "2026-03-03T23:59:59+00:00"
generated_at: "2026-05-15T22:13:42.301263+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Lindblad acquires additional 5% of Natural Habitat for $16.6M, raising ownership to 95%

## Summary
- Acquired 5% interest from Ben Bressler, founder/CEO of Natural Habitat, for $16,586,787.
- Transaction executed via put right under existing stockholders' agreement; total ownership now 95%.
- Bressler retains 5% noncontrolling interest, subject to ongoing put/call arrangement.
- Deal closed March 3, 2026; no other terms or financing disclosed.

## SEC filing metadata
- accession: 0001437749-26-006604
- form_type: 8-K
- ticker: LIND
- cik: 0001512499
- company_name: LINDBLAD EXPEDITIONS HOLDINGS, INC.
- filed_at: 2026-03-03T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1512499/000143774926006604/0001437749-26-006604-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1512499/000143774926006604/lindb20260303_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-26-006604
- JSON: https://secwatch.observer/filing/0001437749-26-006604.json
- Plain text: https://secwatch.observer/filing/0001437749-26-006604.txt

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