secwatch.observer — SEC 8-K summary
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Issuer:     Sow Good Inc. (SOWG)
CIK:        0001490161
Form:       8-K
Filed at:   2023-09-06T23:59:59+00:00
Accession:  0001683168-23-006311
Event type: other_material
Sentiment:  positive
Materiality: 0.70
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sow Good raises $3.7M at $5/share; doubles production capacity with 3 new freeze driers by Q1 2024
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- Private placement of 735,000 shares at $5.00/share raised $3.7M; 18% premium to 2021 equity raise.
- Deposits on three new freeze driers to double capacity; operational Q1 2024; workforce increased 40%.
- Retail expansion: launch into Cracker Barrel and 4 SKUs in 300 Target stores in September 2023.
- Five Below partnership expands from 2 to 4 candy SKUs; new freeze-dried ice cream line expected Q4 2023.
- First international market entry into Israel; continued growth with Hy-Vee, FYE, Big Lots, and Five Below.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1490161/000168316823006311/0001683168-23-006311-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1490161/000168316823006311/sowgood_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-23-006311

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