secwatch / observer

SunOpta Inc. — fact timeline

Source-grounded facts extracted from SunOpta Inc.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

STKL SunOpta Inc. JSON
M&A Transactions

SunOpta Inc. underwent a change of control involving an affiliate of Refresco Holding B.V. for US$6.50 per Common Share in cash (closed 2026-05-01).

“SunOpta Inc. (“SunOpta” or the “Company”) (Nasdaq: STKL) (TSX: SOY), a North American supply chain solutions provider, is pleased to announce the successful completion of the acquisition of the Company by an affiliate of Refresco Holding B.V. (“Refresco”) for US$6.50 per Common Share in cash”
Material Agreements

SunOpta Inc. terminated Credit Agreement with Bank of America, N.A., as administrative agent, the lenders from time to time party thereto, and the guarantors from time to time party thereto (effective 2026-05-01).

“the Company repaid in full all of its loans and terminated and satisfied in full all outstanding commitments of lenders to lend under that certain Credit Agreement (the “Credit Agreement”) dated as of December 8, 2023”

Stephane Bellemare was appointed as Director at SunOpta Inc..

“Steven Wood Presley, William Lewis McFarland II, Alan Humes and Stephane Bellemare were appointed as the directors of the Company, effective as of the Effective Time.”

Alan Humes was appointed as Director at SunOpta Inc..

“Steven Wood Presley, William Lewis McFarland II, Alan Humes and Stephane Bellemare were appointed as the directors of the Company, effective as of the Effective Time.”

William Lewis McFarland II was appointed as Director at SunOpta Inc..

“Steven Wood Presley, William Lewis McFarland II, Alan Humes and Stephane Bellemare were appointed as the directors of the Company, effective as of the Effective Time.”

Steven Wood Presley was appointed as Director at SunOpta Inc..

“Steven Wood Presley, William Lewis McFarland II, Alan Humes and Stephane Bellemare were appointed as the directors of the Company, effective as of the Effective Time.”

Mahes S. Wickramasinghe resigned as Director at SunOpta Inc..

“each of Dr. Albert Bolles, Rebecca Fisher, Dean Hollis, David J. Lemmon, Diego Reynoso, Leslie Starr and Mahes S. Wickramasinghe resigned as a member of the Company’s board of directors, and any committee thereof, effective as of the Effective Time.”

Leslie Starr resigned as Director at SunOpta Inc..

“each of Dr. Albert Bolles, Rebecca Fisher, Dean Hollis, David J. Lemmon, Diego Reynoso, Leslie Starr and Mahes S. Wickramasinghe resigned as a member of the Company’s board of directors, and any committee thereof, effective as of the Effective Time.”

Diego Reynoso resigned as Director at SunOpta Inc..

“each of Dr. Albert Bolles, Rebecca Fisher, Dean Hollis, David J. Lemmon, Diego Reynoso, Leslie Starr and Mahes S. Wickramasinghe resigned as a member of the Company’s board of directors, and any committee thereof, effective as of the Effective Time.”

David J. Lemmon resigned as Director at SunOpta Inc..

“each of Dr. Albert Bolles, Rebecca Fisher, Dean Hollis, David J. Lemmon, Diego Reynoso, Leslie Starr and Mahes S. Wickramasinghe resigned as a member of the Company’s board of directors, and any committee thereof, effective as of the Effective Time.”

Dean Hollis resigned as Director at SunOpta Inc..

“each of Dr. Albert Bolles, Rebecca Fisher, Dean Hollis, David J. Lemmon, Diego Reynoso, Leslie Starr and Mahes S. Wickramasinghe resigned as a member of the Company’s board of directors, and any committee thereof, effective as of the Effective Time.”

Rebecca Fisher resigned as Director at SunOpta Inc..

“each of Dr. Albert Bolles, Rebecca Fisher, Dean Hollis, David J. Lemmon, Diego Reynoso, Leslie Starr and Mahes S. Wickramasinghe resigned as a member of the Company’s board of directors, and any committee thereof, effective as of the Effective Time.”

Dr. Albert Bolles resigned as Director at SunOpta Inc..

“each of Dr. Albert Bolles, Rebecca Fisher, Dean Hollis, David J. Lemmon, Diego Reynoso, Leslie Starr and Mahes S. Wickramasinghe resigned as a member of the Company’s board of directors, and any committee thereof, effective as of the Effective Time.”
Listing & Compliance Notices

SunOpta Inc. received a nasdaq delisting notice notice regarding other.

“May 1, 2026, the Company notified the Nasdaq Stock Market LLC (“Nasdaq”) of the consummation of the Arrangement on May 1, 2026 and requested that Nasdaq halt trading of the Common Shares effective as of 5:00 p.m., Easter”

David Lemmon was appointed as Director at SunOpta Inc..

“On September 16, 2024, David Lemmon was appointed as a director of SunOpta Inc.”

Katrina Houde resigned as Director at SunOpta Inc..

“On September 13, 2024, Katrina Houde, notified SunOpta, Inc. ("SunOpta" or the "Company"), that she intends to resign from her position as a member of the Company's Board of Directors effective September 16, 2024, in order to focus on other opportunities.”
Earnings Releases

SunOpta Inc. reported the first quarter ended March 30, 2024 results: revenue $182.8 million, net income $3.8 million, EPS $0.03. Guidance raised.

“- Filed by newsfilecorp.com Exhibit 99.1 FOR IMMEDIATE RELEASE SUNOPTA ANNOUNCES FIRST QUARTER FISCAL 2024 FINANCIAL RESULTS Revenue from continuing operations increased 18% to $182.8 million, driven by volume growth Earnings from continuing operations of $3.8 million compared to a loss of $2.8 million in the prior year Adjusted EBITDA from continuing operations of”
Material Agreements

SunOpta Inc. entered into Amending Agreement with Oaktree Organics, L.P., Oaktree Huntington Investment Fund II, L.P., OCM SunOpta Trustee LLC valued at Elimination of dividend rights attached to shares of Series B-1 Preferred Stock of SunOpta Foods eff (effective 2024-04-17).

“On April 17, 2024, SunOpta Inc. (the "Company"), SunOpta Foods Inc. ("SunOpta Foods"), a wholly-owned subsidiary of the Company, Oaktree Organics, L.P., Oaktree Huntington Investment Fund II, L.P. (together with Oaktree Organics, L.P, the "Investors"), and OCM SunOpta Trustee LLC (the "Trustee"), entered into an Amending Agreement (the "Amending Agreement") related to the elimination of the dividend rights attached to shares of Series B-1 Preferred Stock of SunOpta Foods effective from and after December 31, 2023, including amending the terms of (i) the Amended and Restated Investor Rights Agreement, dated April 24, 2020, among the Company, SunOpta Foods and the Investors, (ii) the Exchange and Support Agreement, dated April 24, 2020, among the Company, SunOpta Foods and the Investors, and (iii) the Voting Trust Agreement, dated April 24, 2020, among the Company, SunOpta Foods, the Investors and the Trustee”

Chris Whitehair resigned as Senior Vice President of Supply Chain at SunOpta Inc..

“On February 13, 2024, the Compensation Committee of the Board of Directors of the Company accepted the resignation of Chris Whitehair as Senior Vice President of Supply Chain of the Company effective February 26, 2024, in connection with Mr. Whitehair's planned retirement.”
Debt Financings

SunOpta Inc. incurred revolving credit of $85.0 million revolving credit facility at initial margin ... 1.75% with respect to base rate borrowings and 2.75% with res.

“the "Borrower") and certain other subsidiaries of the Company entered into (x) a new $180.0 million term loan credit facility (the "New Term Loan Credit Facility") and (y) a new $85.0 million revolving credit facility (the "New Revolving Credit Facility" and, together with the New Term Loan Credit Facility, the "New Credit Facilities"). The New Credit Facilities”
Debt Financings

SunOpta Inc. incurred credit facility of $180.0 million term loan credit facility at initial margin ... 1.75% with respect to base rate borrowings and 2.75% with res.

“On December 8, 2023 (the "Closing Date"), SunOpta Inc. (the "Company" or the "Borrower") and certain other subsidiaries of the Company entered into (x) a new $180.0 million term loan credit facility (the "New Term Loan Credit Facility")”
Material Agreements

SunOpta Inc. entered into New Credit Facilities with lenders under the New Credit Facilities valued at $180.0 million term loan credit facility and $85.0 million revolving credit facility (effective 2023-12-08).

“On December 8, 2023 (the "Closing Date"), SunOpta Inc. (the "Company" or the "Borrower") and certain other subsidiaries of the Company entered into (x) a new $180.0 million term loan credit facility (the "New Term Loan Credit Facility") and (y) a new $85.0 million revolving credit facility (the "New Revolving Credit Facility" and, together with the New Term Loan Credit Facility, the "New Credit Facilities").”

Brian W. Kocher was appointed as Chief Executive Officer at SunOpta Inc..

“Brian W. Kocher was appointed by the Board to the roles of Chief Executive Officer and Director of the Company, effective January 2, 2024”

Joe Ennen resigned as Chief Executive Officer at SunOpta Inc..

“On December 4, 2023, the Board of Directors of the Company accepted the resignation of Joe Ennen as Chief Executive Officer and Director of the Company effective January 2, 2024, in connection with Mr. Ennen's planned retirement.”
Earnings Releases

SunOpta Inc. reported third quarter ended September 30, 2023 results: revenue $152.5 million, net income $5.7 million, EPS $0.05 per diluted share. Guidance reaffirmed.

“- Filed by newsfilecorp.com Exhibit 99.1 FOR IMMEDIATE RELEASE SUNOPTA ANNOUNCES THIRD QUARTER FISCAL 2023 FINANCIAL RESULTS Revenue from continuing operations increased 5.9% to $152.5 million, driven by 5.5% volume growth Loss from continuing operations of $5.7 million, compared to earnings of $2.4 million in the prior year Adjusted EBTIDA from continuing operations”
Earnings Releases

SunOpta Inc. reported third quarter ended September 30, 2023 results: revenue approximately $152 million. Guidance reaffirmed.

“Total revenue from continuing operations is expected to be approximately $152 million in the third quarter of 2023”
M&A Transactions

SunOpta Inc. completed a disposition involving Natures Touch Mexico, S. de R.L. de C.V. and Nature's Touch Frozen Fruits, LLC for $141 million (closed 2023-10-12).

“packaging and selling individually quick frozen fruit for retail, foodservice and industrial applications in Edwardsville, Kansas and Jacona, Michoacan, Mexico, valued at $141 million, inclusive of $20 million of seller promissory notes due in three years (the " Transaction "). On October 12, 2023, the Company completed the Transaction in accordance with the”
Material Agreements

SunOpta Inc. entered into APA with Natures Touch Mexico, S. de R.L. de C.V. and Nature's Touch Frozen Fruits, LLC valued at $141 million, inclusive of $20 million of seller promissory notes due in three years (effective 2023-10-12).

“On October 12, 2023, SunOpta Inc. (the " Company ") and its subsidiaries, Sunrise Growers, Inc. (the " US Subsidiary ") and Sunrise Growers Mexico, S. de R.L. de C.V. and SunOpta Mx, S.A. de C.V. (the " Mexican Subsidiaries " and together with the Company and the US Subsidiary, " SunOpta ") entered into an Asset Purchase Agreement (" APA ") with Natures Touch Mexico, S. de R.L. de C.V. and Nature's Touch Frozen Fruits, LLC (the " Purchasers ") to sell to the Purchasers certain of SunOpta's assets and liabilities related to the SunOpta's business of processing, packaging and selling individually quick frozen fruit for retail, foodservice and industrial applications in Edwardsville, Kansas and Jacona, Michoacan, Mexico, valued at $141 million, inclusive of $20 million of seller promissory notes due in three years (the " Transaction ").”

Greg Gaba was appointed as Chief Financial Officer at SunOpta Inc..

“Upon Mr. Huckins' departure, Greg Gaba was promoted to the role of Chief Financial Officer of the Company effective October 13, 2023.”

Scott Huckins resigned as Chief Financial Officer and General Manager of Fruit-Based Foods and Beverages at SunOpta Inc..

“On October 11, 2023, Scott Huckins notified the Company that he is resigning from his position as Chief Financial Officer and General Manager of Fruit-Based Foods and Beverages of the Company effective October 13, 2023, in order to accept a position with another public company.”
Earnings Releases

SunOpta Inc. reported financial results for the second quarter ended July 1, 2023.

“On August 9, 2023, SunOpta Inc. (the "Company") issued a press release announcing financial results for the first quarter ended July 1, 2023.”
Shareholder Votes

SunOpta Inc. shareholders approved Proposal to confirm certain amendments to the Company's By-Law No. 14 at the 2023-05-25 meeting.

“5. Amendment to Bylaw No. 14 Votes For Votes Against Abstentions Broker Non-Votes 84,959,729 245,360 401,548 10,775,980”
Shareholder Votes

SunOpta Inc. shareholders approved Approval of amendments to the Amended 2013 Stock Incentive Plan at the 2023-05-25 meeting.

“4. Approval of Amendments to the Amended 2013 Stock Incentive Plan Votes For Votes Against Abstentions Broker Non-Votes 60,932,483 23,444,305 1,229,849 10,775,980”
Shareholder Votes

SunOpta Inc. shareholders approved Non-binding advisory resolution to approve the compensation of the Company's named executive officers at the 2023-05-25 meeting.

“3. Advisory Resolution Regarding the Compensation of the Company's Named Executive Officers Votes For Votes Against Abstentions Broker Non-Votes 75,811,309 9,441,864 353,464 10,775,980”
Shareholder Votes

SunOpta Inc. shareholders approved Appointment of Ernst & Young LLP as independent registered public accounting firm and auditor at the 2023-05-25 meeting.

“2. Appointment of Independent Registered Public Accounting Firm Votes For Votes Against Abstentions Broker Non-Votes 95,573,226 329,247 480,144 -”
Shareholder Votes

SunOpta Inc. shareholders approved Election of eight directors of the Company for the ensuing year at the 2023-05-25 meeting.

“1. Election of Directors Director Name Votes For Votes Against Abstentions Broker Non-Votes Dr. Albert Bolles 84,302,597 1,275,675 28,365 10,775,980 Joseph Ennen 85,127,053 454,388 25,196 10,775,980 Rebecca Fisher 83,517,485 2,062,458 26,694 10,775,980 Dean Hollis 83,654,413 1,831,873 120,351 10,775,980 Katrina Houde 80,233,107 5,275,684 97,846 10,775,980 Leslie Starr Keating 84,281,763 1,297,885 26,989 10,775,980 Diego Reynoso 85,349,417 229,811 27,409 10,775,980 Mahes Wickramasinghe 84,691,529 802,928 112,180 10,775,980”
Earnings Releases

SunOpta Inc. updated its the first quarter ended April 1, 2023 guidance (reaffirmed).

“On May 10, 2023, SunOpta Inc. (the "Company") issued a press release announcing financial results for the first quarter ended April 1, 2023.”

Diego Reynoso was appointed as director at SunOpta Inc..

“On March 20, 2023, Diego Reynoso was appointed as a director of SunOpta Inc.”
Earnings Releases

SunOpta Inc. reported the fourth quarter ended December 31, 2022 results: revenue $221.3 million, net income $0.2 million, EPS $0.00 per diluted common share. Guidance reaffirmed.

“are expressed in U.S. dollars and results are reported in accordance with U.S. GAAP, except where specifically noted. Fourth Quarter 2022 highlights: Revenues increased 8.4% to $221.3 million reflecting 10.8% growth in the plant-based segment and 4.5% growth in the fruit-based segment. Excluding the impact of the sunflower business, which was divested in October,”

Kenneth Kempf resigned as Director at SunOpta Inc..

“On November 21, 2022, Kenneth Kempf, notified SunOpta, Inc. ("SunOpta" or the "Company"), that he intends to resign from his position as a member of the Company's Board of Directors effective December 30, 2022, in order to focus on other business investments.”
Earnings Releases

SunOpta Inc. reported the third quarter ended October 1, 2022 results: revenue $229.7 million, net income Net loss from continuing operations was $12.6 million, EPS $0.02 per diluted common share. Guidance raised.

“- Filed by newsfilecorp.com Exhibit 99.1 FOR IMMEDIATE RELEASE SUNOPTA ANNOUNCES THIRD QUARTER 2022 FINANCIAL RESULTS Continued strong revenue growth of 15.7% vs. prior year to $229.7 million Gross margin expanded 190 basis points to 13.7% Net loss from continuing operations of $12.6 million, including $14.2 million net loss from asset dispositions Adjusted EBITDA”

Derek Briffett departed as Director at SunOpta Inc..

“On March 30, 2022, Derek Briffett, a director of SunOpta, Inc. ("SunOpta" or the "Company"), notified SunOpta that he would not be standing for reelection to the Company's Board of Directors at the 2022 Annual and Special Meeting of Shareholders, which will be held on May 26, 2022.”

Mahes S. Wickramasinghe was appointed as Director at SunOpta Inc..

“On July 9, 2021, Mahes S. Wickramasinghe was appointed as a director of SunOpta Inc.”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.