secwatch.observer — SEC 8-K summary
======================================

Issuer:     Laird Superfood, Inc. (LSF)
CIK:        0001650696
Form:       8-K/A
Filed at:   2026-04-06T23:59:59+00:00
Accession:  0001437749-26-011299
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.55
Item codes: 2.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1650696/000143774926011299/0001437749-26-011299-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1650696/000143774926011299/lsf20260325_8ka.htm
  HTML page:      https://secwatch.observer/filing/0001437749-26-011299

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer