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Innovative Food Holdings (IVFH) nets $9.225M from property asset sale

Filing Impact
(Very High)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Innovative Food Holdings, Inc. completed the sale of certain real property, related improvements, personal property, contracts and intangibles to Mountaintop Holdings, LLC through its subsidiary Innovative Food Properties LLC. The transaction closed on March 6, 2026 for gross proceeds of $9.225 million.

The buyer has no material relationship with the company beyond this agreement, meaning the deal is an arm’s-length transaction. This sale converts a specific property asset into cash, which may give the company added financial flexibility depending on how the proceeds are ultimately used.

Positive

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Insights

IVFH monetizes property asset for $9.225 million in cash.

Innovative Food Holdings, via its subsidiary, sold specified real estate and associated assets to Mountaintop Holdings for gross proceeds of $9.225 million. This replaces a non‑liquid property asset with cash on the balance sheet.

The transaction is described as having no other material relationship between the parties, indicating an arm’s‑length deal. The net effect on earnings and leverage will depend on any prior carrying value of the property and how the cash is allocated.

Subsequent periodic filings may clarify whether the proceeds reduce debt, fund operations, or support growth initiatives, and how any gain or loss on the sale affects results for the period including March 6, 2026.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

 

FORM 8-K

 

 

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of

The Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): March 6, 2026

 

Innovative Food Holdings, Inc.

(Exact name of registrant as specified in its charter)

 

Florida   000-09376   20-1167761
(State or other jurisdiction
of incorporation)
  (Commission File Number)   (IRS Employer
Identification No.)

 

2528 S 27th Ave
Broadview, IL
  60155
(Address of principal executive offices)   (Zip Code)

 

Registrant’s telephone number, including area code: (239) 596-0204

 

Not Applicable

(Former name or former address, if changed since last report.)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company 

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

Securities registered pursuant to Section 12(b) of the Act: None

 

 

 

 

 

 

Item 2.01 Completion of Acquisition or Disposition of Assets.

 

As previously disclosed in the Current Reports on Form 8-K filed with the Securities and Exchange Commission on August 1, 2025, September 16, 2025, October 3, 2025 and November 14, 2025, Innovative Food Holdings, Inc., a Florida corporation (the “Company”), through its subsidiary, Innovative Food Properties LLC, a Delaware limited liability company (“Innovative Properties”), entered into an Agreement of Purchase and Sale, dated as of July 28, 2025 and amended on September 11, 2025, September 29, 2025 and November 13, 2025 (the “Purchase Agreement”), with Mountaintop Holdings, LLC, a New York limited liability company (“Mountaintop Holdings”). Pursuant to the Purchase Agreement, Innovative Properties agreed to sell certain real property with improvements and certain personal property, contracts and intangibles of Innovative Properties to Mountaintop Holdings (the “Property”).

 

On March 6, 2026, the Company closed the sale of the Property to Mountaintop Holdings for a gross proceed of $9.225 million.

 

Aside from the transactions contemplated by the Purchase Agreement, there is no material relationship between the Company and Mountaintop Holdings.

 

1

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  INNOVATIVE FOOD HOLDINGS, INC.
     
Dated: March 9, 2026 By: /s/ Gary Schubert
    Gary Schubert
    Chief Executive Officer

 

2

 

FAQ

What asset did Innovative Food Holdings (IVFH) sell to Mountaintop Holdings?

Innovative Food Holdings, through subsidiary Innovative Food Properties LLC, sold certain real property with improvements, plus related personal property, contracts and intangibles. This package of assets, collectively called the “Property,” was transferred under an Agreement of Purchase and Sale amended several times before closing.

How much cash did IVFH receive from the property sale disclosed in this 8-K?

The company received gross proceeds of $9.225 million from selling the Property to Mountaintop Holdings. This amount represents the total consideration before transaction costs or taxes, converting a specific real estate holding and associated assets into cash on Innovative Food Holdings’ balance sheet.

When did Innovative Food Holdings close the sale of the Property?

Innovative Food Holdings closed the sale of the Property on March 6, 2026. That closing date marks when ownership of the specified real property, improvements, personal property, contracts and intangibles transferred to Mountaintop Holdings and the company became entitled to the gross proceeds.

Who was the buyer in IVFH’s $9.225 million property transaction?

The buyer was Mountaintop Holdings, LLC, a New York limited liability company. The agreement was executed with IVFH’s subsidiary, Innovative Food Properties LLC, and the parties state there is no material relationship between them other than this purchase and sale transaction.

Does Innovative Food Holdings have other material ties to Mountaintop Holdings?

The disclosure states there is no material relationship between Innovative Food Holdings and Mountaintop Holdings aside from the transactions under the Purchase Agreement. This indicates the deal is an arm’s‑length sale without additional disclosed business, ownership, or financing ties between the two entities.

Which IVFH subsidiary executed the property sale agreement?

The sale was executed through Innovative Food Properties LLC, a Delaware limited liability company and subsidiary of Innovative Food Holdings. This entity entered into the Agreement of Purchase and Sale and conveyed the real property, improvements, and related assets to Mountaintop Holdings at closing.

Filing Exhibits & Attachments

3 documents
Innovative Food

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43.55M
43.36M
Food Distribution
Consumer Defensive
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United States
Bonita Springs