{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-26-007994","form_type":"8-K","ticker":"LSF","cik":"0001650696","company_name":"Laird Superfood, Inc.","filed_at":"2026-03-12T23:59:59+00:00","discovered_at":"2026-05-14T18:02:35.764895+00:00","generated_at":"2026-05-15T13:36:30.625144+00:00","sec_items":["1.01","2.01","3.02","3.03","5.03","5.01","5.02","5.07","7.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.95,"calibrated_materiality_score":0.95,"confidence":"high","headline":"Laird Superfood closes $38.5M Navitas acquisition, $50M Nexus preferred investment; Nexus gains control with 56.3% stake","bullets":["Acquired Navitas LLC and Global Superfoods for $38.5M cash; funded by $50M Series A Preferred issuance to Nexus affiliates.","Nexus holds Series A convertible at $3.57/share, representing 56.3% of common (73.9% if additional shares issued).","Board expanded to nine; Nexus designates four new directors plus Grant LaMontagne as chairman; two prior directors resigned.","Series A Preferred has 5% cumulative compounded quarterly dividend; mandatory conversion trigger after 30 months if price>7.50 and volume>100k avg.","Company may require Nexus to purchase up to $60M additional Preferred for future strategic acquisitions."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-26-007994","json":"https://secwatch.observer/filing/0001437749-26-007994.json","markdown":"https://secwatch.observer/filing/0001437749-26-007994.md","text":"https://secwatch.observer/filing/0001437749-26-007994.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1650696/000143774926007994/0001437749-26-007994-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1650696/000143774926007994/lsf20260310_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T13:36:30.625144+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"220e4475d18cd5a628b73b6563bc4f30e7c57e7a","claim":"Laird Superfood, Inc. issued 50,000 Initial Shares of Series A Preferred Stock of preferred stock to Nexus Investment for $50.0 million in gross proceeds.","evidence_excerpt":"on the Closing Date, the Investor purchased the Initial Shares from the Company for gross proceeds of $50.0 million.","evidence_source":"SEC 8-K Item 3.02/3.03","evidence_url":"https://www.sec.gov/Archives/edgar/data/1650696/000143774926007994/0001437749-26-007994-index.htm","confidence":0.95,"family_label":"Equity Issuances","details":[{"label":"Security","value":"preferred stock"},{"label":"Shares","value":"50,000 Initial Shares of Series A Preferred Stock"},{"label":"Purchaser","value":"Nexus Investment"},{"label":"Consideration","value":"$50.0 million in gross proceeds"}],"fact_type":"equity_issuance"},{"claim_id":"8e3a63135ef9d73aba44b62355227c5b52a5cf0a","claim":"Laird Superfood, Inc. entered into Registration Rights Agreement with Nexus.","evidence_excerpt":"“ Nexus Investment ” and, together with the Navitas Acquisition, the “ Transactions ”). A substantial portion of the proceeds from the Nexus Investment were used to complete the Navitas Acquisition.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1650696/000143774926007994/0001437749-26-007994-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Counterparty","value":"Nexus"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}