Welcome to our dedicated page for Mission Produce SEC filings (Ticker: AVO), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Mission Produce SEC filings document formal disclosures for a fresh produce company focused on Hass avocados, mangos, and blueberries. Recent 8-K reports cover material events, material agreements, direct financial obligations, capital-structure matters, operating and financial results, and risk-factor disclosures tied to the company's global sourcing, farming, packing, and distribution operations.
Proxy and annual meeting filings describe board elections, executive compensation votes, auditor ratification, and shareholder voting outcomes. Capital-structure filings identify the company's Nasdaq-listed common stock, Series A Junior Participating Preferred Stock, stockholder rights plan disclosures, and amended credit-agreement obligations.
Barnard Stephen J reported acquisition or exercise transactions in this Form 4 filing.
Mission Produce Executive Chairman Stephen J. Barnard reported an equity award of 31,554 restricted stock units (RSUs) of common stock. The RSUs were granted at no cash cost and each unit represents the right to receive one common share if vesting conditions are met.
The award was granted under the 2020 Incentive Award Plan and vests in two equal installments on April 9, 2027 and April 9, 2028, subject to his continued employment on each vesting date. Following this grant, Barnard directly holds 287,459 common shares, with additional indirect holdings through trusts and an LLC noted in the filing.
Pawlowski John reported acquisition or exercise transactions in this Form 4 filing.
Mission Produce, Inc. President and CEO John Pawlowski received an equity award of 42,071 shares of common stock in the form of restricted stock units under the 2020 Incentive Award Plan. After this grant, he holds 121,267 common shares directly.
The RSUs vest in three equal installments on April 9, 2027, April 9, 2028, and April 9, 2029, contingent on his continued employment on each vesting date. This is a compensation-related grant, not an open-market purchase or sale.
Mission Produce, Inc. reported the results of its 2026 Annual Meeting of Stockholders held virtually on April 9, 2026. A quorum was present, with 55,659,349 shares represented, or approximately 78.56% of the 70,845,891 shares outstanding and entitled to vote as of February 10, 2026.
Stockholders elected director nominees Stephen J. Barnard, Laura Flanagan, and Linda B. Segre, each receiving over 42.5 million votes in favor. Stockholders also approved, on an advisory basis, the compensation of named executive officers, with 42,038,121 shares voted for and 5,311,570 against.
In addition, stockholders ratified the selection of Deloitte & Touche LLP as the independent registered public accounting firm for fiscal year 2026, with 55,647,654 shares voted for, 7,082 against, and 4,613 abstaining.
Mission Produce, Inc. President and COO John Pawlowski reported a routine tax-related share withholding. On April 5, 2026, the company withheld 7,286 shares of common stock at $14.44 per share to cover his tax obligations from vesting restricted stock units. After this non-market transaction, Pawlowski directly owns 79,196 common shares.
Mission Produce, Inc. entered into an Amended and Restated Credit Agreement providing $550 million in senior secured credit facilities with a syndicate led by Bank of America. A portion of the term loans drawn on the Cantaloupe Acquisition Funding Date will fund the purchase of 100% of Calavo Growers, Inc. and refinance certain Calavo debt.
The facilities include a revolving credit facility and Term A-1 loans maturing on April 1, 2031, and Term A-2 loans maturing on April 1, 2033. Initial interest margins range from 1.50% to 2.50% for Term SOFR loans and 0.50% to 1.50% for base rate loans, subject later to a pricing grid tied to Mission’s consolidated total net leverage ratio.
The agreement includes an accordion feature permitting up to an additional $150 million with lender approval, unused commitment fees of 0.175%–0.300% on the revolver, and financial covenants requiring a maximum consolidated total net leverage ratio of 3.50 to 1.00 and a minimum consolidated fixed charge coverage ratio of 1.25 to 1.00. The credit facilities are secured by substantially all assets of Mission Produce and its guarantor subsidiaries.
Mission Produce, Inc. furnished an updated investor presentation, attached as Exhibit 99.1, describing its pending acquisition of Calavo Growers and related pro forma metrics and strategy. The presentation highlights a pro forma revenue run-rate of $2.0B, pro forma adjusted EBITDA of $177M (including ~$25M run-rate synergies), expected close in the fiscal third quarter ending JULY 31, 2026, and integration and deleveraging objectives.
The slides outline strategic rationales—expanded North American sourcing and prepared‑foods capabilities, projected >2x pro‑forma adjusted EBITDA by fiscal 2030 versus FY25, targeted FCF conversion to 50%+ of adjusted EBITDA by FY2030, and at‑close net leverage of ~1.7x. The company notes required proxy/prospectus filings (Form S‑4) and urges stockholders to review the joint proxy/prospectus when available.
Mission Produce furnished an updated investor presentation highlighting its pending acquisition of Calavo Growers and recent operating trends. The company positions itself as a leading global avocado platform with about $1.4B revenue and $111M adjusted EBITDA in fiscal 2025, supported by diversified avocado, mango and blueberry operations.
The presentation outlines a definitive agreement to acquire Calavo, targeting pro forma net sales of roughly $2.0B and pro forma adjusted EBITDA of about $177M, including over $25M in run-rate synergies and an expected net leverage ratio near 1.7x at closing. Management aims to more than double pro forma adjusted EBITDA by fiscal 2030, improve free cash flow conversion to above 50% of adjusted EBITDA and reduce capital intensity to roughly 3–4% of revenue. For fiscal first quarter 2026, revenue was $334.2M, volume rose to 181.5 million pounds, adjusted EBITDA increased to $18.5M, net income attributable to Mission was $3.9M, and adjusted net income was $7.3M, reflecting stronger avocado volumes, margin expansion and growth in blueberries and international farming.
The boards of Mission Produce and Calavo Growers have agreed to a two-step merger under an Agreement and Plan of Merger dated January 14, 2026. At the First Effective Time each share of Calavo common stock will convert into 0.9790 shares of Mission Produce common stock plus $14.85 in cash, subject to applicable withholding and cash‑in‑lieu for fractional shares. Based on shares and awards outstanding as of March 17, 2026, former Calavo shareholders are expected to own approximately 20% of the combined company's common stock and Mission Produce stockholders approximately 80%. The parties cite expected cost and operational synergies; the Merger Consideration implied value was $27.15 per Calavo share using Mission Produce’s close on January 13, 2026 (an approximate 26% premium to Calavo’s 30‑day VWAP on that date). Mission Produce and Calavo will hold virtual special meetings on April 28, 2026 (record date: March 16, 2026) for stockholder approvals required to consummate the transaction.
Globalharvest Holdings Venture Ltd, a greater-than-10% owner of Mission Produce, Inc., purchased 3,695 shares of Mission Produce common stock in an open-market transaction.
The shares were bought on March 17, 2026 at a weighted average price of $11.94 per share, with individual trade prices ranging from $11.83 to $12.00. Following this purchase, Globalharvest directly holds 9,991,577 Mission Produce shares.