Laird Superfood completes acquisition of Navitas for $38.5M; acquired co. had $45.3M sales in 2025

Laird Superfood, Inc.

Global Superfoods (Navitas) 2025 net sales $45.3M, net income $1.6M, operating income $2.3M.
Predecessor Jan-May 2024: net sales $12.7M, net loss $456k; successor May-Dec 2024: net sales $23.7M, net loss $273.5k.
Acquisition purchase price $38.5M, financed via $50M Series A Preferred private placement at $1,000/share.
Amendment provides audited historical financials of GSC and unaudited pro forma combined data for FY2025.

item 2.01item 9.01

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