secwatch.observer — SEC 8-K summary
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Issuer:     Mama's Creations, Inc. (MAMA)
CIK:        0001520358
Form:       8-K/A
Filed at:   2022-03-15T23:59:59+00:00
Accession:  0001493152-22-006818
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.60
Item codes: 9.01
LLM model:  deepseek-v4-flash:cloud@v2

MamaMancini's files audited FY2020 financials for acquired T&L Creative Salads and Olive Branch
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- T&L Creative Salads FY2020 net sales $18.96M, net income $443k, total assets $6.66M.
- Olive Branch LLC FY2020 net sales $3.32M, net income $267k, total assets $814k.
- T&L had $2.44M long-term debt including $796k PPP loan (forgiven June 2021).
- T&L major customers accounted for 59% of revenue; Olive Branch 90% customer concentration.
- T&L paid $1.4M lump sum to settle founder consulting obligation upon asset sale Dec 2021.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1520358/000149315222006818/0001493152-22-006818-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1520358/000149315222006818/form8-ka.htm
  HTML page:      https://secwatch.observer/filing/0001493152-22-006818

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