Every 8-K that Laird Superfood, Inc. (LSF) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow LSF and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full LSF filings page.
Laird Superfood, Inc. (LSF) announced that Mark Johnson has been appointed Chief Financial Officer, effective October 1, 2026, and will serve as principal financial officer and principal accounting officer. He brings more than 25 years of finance experience across beverage, food, and premium pet food companies, including senior roles at Tropicana Brands Group, Champion Petfoods, Danone and The Pepsi Bottling Group.
Under an offer letter dated August 31, 2026, Johnson will receive an initial annual base salary of $375,000 and will be eligible for an annual cash bonus targeted at 50% of base salary, with his 2026 bonus pro-rated from his start date. If his employment is terminated without cause or he resigns for good reason, he is eligible for severance equal to six months of base salary and up to six months of COBRA continuation coverage. He will also be eligible to participate in Laird Superfood’s equity incentive and other executive benefit plans, and the company expects to enter into a more comprehensive employment agreement reflecting these terms.
Laird Superfood, Inc. (LSF) reports that its Board of Directors appointed Matthew Spanjers as a director effective August 13, 2026. He will serve until the next annual meeting of stockholders and also joins the Board’s compensation committee.
Spanjers, age 50, leads Matthew Spanjers Advisory, LLC, advising food and beverage companies, and has been a Senior Advisor at McKinsey & Company since July 2026. He previously held senior growth and strategy roles at Krispy Kreme, including Chief Growth Officer and President, International, and earlier leadership roles at Caribou Coffee and Einstein Bros. Bagels. He is deemed a designee of an Investor affiliate of Nexus Capital Management LP under a December 21, 2025 Investment Agreement. As a non-employee director, he will receive standard cash compensation and an option grant consistent with other non-employee directors, and will enter into the company’s standard indemnification agreement for directors.
Laird Superfood, Inc. reported a very strong second quarter for 2026, driven by recent acquisitions and retail expansion. Net sales for the quarter ended June 30, 2026 rose 244% to $41.3 million from $12.0 million, helped by distribution gains in retail and club channels and contributions from the Navitas and Terrasoul brands. E‑commerce sales grew 221% year-over-year and represented 49% of net sales, while wholesale sales increased 269% and accounted for 51% of net sales.
Gross profit increased to $12.5 million, but gross margin declined to 30.3% from 39.9% due to channel mix, commodity inflation and lower margins at Terrasoul. The company recorded a quarterly net loss of $1.8 million, or $0.25 per share, versus a $0.4 million loss a year earlier, largely reflecting acquisition and integration costs. However, Adjusted EBITDA improved to $3.0 million from $0.1 million.
For the first half of 2026, net sales grew 134% to $55.2 million. A discrete tax benefit tied to the Navitas acquisition contributed to a year-to-date net loss of only $0.1 million. Cash, cash equivalents, and restricted cash increased to $23.2 million as of June 30, 2026, with no outstanding debt, supported by a $110.0 million Series A preferred stock issuance and offset by acquisition spending. Management reaffirmed full-year 2026 guidance for net sales of $138–$148 million and Adjusted EBITDA of $8–$12 million.
Laird Superfood, Inc. announced that Chief Financial Officer Anya Hamill has notified the company on July 9, 2026 that she will resign as CFO, effective August 31, 2026. She will continue to serve in her role through the effective date.
The company has begun a search for a new permanent CFO, considering both internal and external candidates to assume the role after August 31, 2026. The company states there are no disagreements between Ms. Hamill and its board or management and that her departure is not related to operations, policies, practices, the integrity of financial statements or accounting policies, or the effectiveness of internal control over financial reporting.
Laird Superfood filed an amended report to add detailed financial information for its acquisition of Terrasoul Superfoods and related financings. Terrasoul generated $65.8 million in 2025 sales and $3.7 million in net income, with total assets of $24.5 million and liabilities of $20.0 million as of December 31, 2025. Laird bought Terrasoul for $48.0 million in cash plus up to $5.0 million in contingent consideration and repaid about $9.1 million of Terrasoul debt at closing. The amendment also presents unaudited pro forma results that combine Laird with Terrasoul and Navitas, reflecting two acquisitions funded by $110.0 million in Series A Preferred Stock, which is convertible into 73.5% of Laird’s common stock.
Laird Superfood, Inc. held its 2026 annual shareholder meeting, with 38,535,589 common and Series A preferred shares represented, about 92% of the 41,816,672 shares entitled to vote, establishing a quorum.
Shareholders elected all eight director nominees for one-year terms, ratified KPMG LLP as auditor for 2026, and approved the non-binding advisory vote on executive compensation. They also approved expanding and extending the 2020 Stock Incentive Plan. On the advisory vote on how often to hold future say-on-pay votes, a plurality supported a one-year frequency, and the board chose to hold these votes annually until the next required frequency vote.
Laird Superfood, Inc. reported a governance change involving its Board of Directors. On May 18, 2026, Doug Behrens notified the company that he was resigning from the Board, effective immediately, for personal reasons. The company states his resignation was not due to any disagreement over operations, policies, or practices.
Behrens also stepped down from his role on the Board’s Compensation Committee. The filing does not describe any replacement or changes to board structure beyond noting his departure.
Laird Superfood, Inc. reported first quarter 2026 net sales of $13.9 million, up 20% from the prior year, driven by 37% growth in wholesale and 4% growth in e-commerce, helped by the Navitas Organics acquisition. Navitas contributed $1.6 million of net sales.
Gross margin declined to 33.3% from 41.9% as mix, commodity inflation and tariffs weighed on profitability. Despite an operating loss of $3.0 million, net income reached $1.8 million, or $0.12 per basic share, primarily due to a discrete income tax benefit linked to the Navitas transaction.
Adjusted EBITDA was a loss of $1.1 million versus positive $0.4 million a year earlier. The company closed the Navitas deal in March and acquired Terrasoul Superfoods for $48.0 million on April 21, 2026, funded by $60.0 million of Series A preferred stock. For fiscal 2026, it guides to consolidated net sales of $138–$148 million and Adjusted EBITDA of $8–$12 million.
Laird Superfood, Inc. furnished an investor presentation as part of a current report. The company is providing this presentation, attached as Exhibit 99.1, for use in discussions with investors. The presentation includes summary information about the Terrasoul Acquisition and other matters disclosed in the company’s public filings.
The material is furnished under Regulation FD as Item 7.01 information, not filed for purposes of the Exchange Act. It is therefore not subject to Section 18 liabilities and is not automatically incorporated by reference into other Securities Act or Exchange Act filings.
Laird Superfood, Inc. completed the acquisition of Terrasoul Superfoods, LLC for $48.0 million in cash plus up to $5.0 million in potential earnout payments tied to 2026 performance. The deal adds a vertically integrated superfoods platform that generated unaudited net sales of about $65.8 million for the year ended December 31, 2025.
To fund the purchase, Laird issued 60,000 shares of Series A Convertible Preferred Stock at $1,000 per share in a private placement for gross proceeds of $60.0 million, with an aggregate of 16,806,722 common shares issuable upon conversion. Following this incremental investment, affiliates of Nexus Capital Management are expected to own approximately 71.7% of Laird’s fully diluted, as-converted equity.
The company also entered into a restrictive covenant agreement with Terrasoul’s sellers and a two-year advisory agreement with Terrasoul co-founder Dennis Botts, providing advisory services in exchange for $1,500,000 in fees paid in monthly installments.
Laird Superfood, Inc. filed an amended report to add full historical and pro forma financial information for its acquisition of Navitas LLC and Global Superfoods Corp. The Company bought the Target for $38.5 million cash and simultaneously raised $50.0 million by selling 50,000 shares of Series A Preferred Stock at $1,000 per share to an affiliate of Nexus Capital.
The Preferred Stock is convertible at $3.57 per share, initially giving Nexus rights equivalent to 56.3% of Laird’s common stock, or up to 73.9% assuming all Additional Shares are issued. In 2025, Global Superfoods generated net sales of $45.3 million and net income of $1.6 million. Pro forma for the deal and financing, combined 2025 net sales would have been $95.2 million with net income of about $1.3 million after preferred dividends.
Laird Superfood, Inc. reported fourth quarter and fiscal 2025 results showing solid top-line growth but continued losses. Net sales for 2025 rose 15% to $49.9 million, led by 41% growth in wholesale, while e-commerce declined 3% and each channel contributed 50% of sales.
Gross margin for 2025 slipped to 37.9% from 40.9% due to higher commodity and tariff-driven product costs and the absence of prior-year settlement recoveries. The company recorded a 2025 net loss of $3.3 million, or $0.31 per share, wider than the prior-year loss of $1.8 million, including an impairment of long-lived intangible assets.
Adjusted EBITDA improved to $0.3 million from a loss of $0.7 million as operating discipline and lower general and administrative costs offset margin pressure. Cash, cash equivalents, and restricted cash declined to $5.3 million at year-end from $8.5 million, with $2.8 million used in operating activities and no outstanding debt.
On March 12, 2026, Laird completed the $38.5 million acquisition of Navitas’ parent Global Superfoods Corp., funded by a concurrent $50.0 million Series A preferred investment from Nexus affiliates. Navitas generated 2025 net sales of $45.3 million and net income of about $1.6 million, and its results are not yet included in Laird’s 2025 financials.
Laird Superfood, Inc. completed its acquisition of Navitas LLC and Global Superfoods Corp. for $38.5 million in cash, funded by a concurrent private placement of $50.0 million of Series A Preferred Stock issued to Nexus affiliates.
The Investor bought 50,000 Initial Shares of Series A Preferred Stock at $1,000 per share, and Laird can require the purchase of up to 60,000 Additional Shares on similar terms for future strategic deals. The preferred carries a 5.0% annual, compounding dividend, an initial conversion price of $3.57, and a liquidation preference tied to accumulated value and future dividends. Up to 110,000 preferred shares are authorized, and an aggregate of 30,812,325 common shares may be issued upon conversion of the Initial and Additional Shares.
Based on common shares outstanding as of March 12, 2026, the Initial Shares are convertible into 56.3% of Laird’s issued and outstanding common stock, or 73.9% assuming full issuance of the Additional Shares, resulting in a change in control in favor of Nexus. Four Nexus designees joined the Board, which was expanded to nine members, and the company adopted an updated non‑employee director compensation policy. Stockholders approved issuing up to 110,000 preferred shares and related common at a special meeting.
Laird Superfood, Inc. reports an amendment to its investment agreement with Gateway Superfood NSSIII and NSSIV, affiliates of Nexus Capital Management, tied to a previously announced Series A Preferred Stock financing. The original deal covers 50,000 preferred shares at $1,000 per share for $50.0 million, plus an option for up to 60,000 additional preferred shares to fund strategic transactions.
The amendment updates the Certificate of Designation so that the conversion price for any additional preferred shares will follow the NYSE American “Minimum Price” at the time an additional purchase notice is delivered, but only when that Minimum Price is higher than the then‑applicable conversion price. The company also discloses that directors Geoffrey Barker and Patrick Gaston have submitted resignations effective upon closing of the Nexus investment, noting their departures are not due to disagreements over operations, policies, or practices.
Laird Superfood, Inc. furnished an investor presentation it plans to use at the 2026 ICR Conference as an exhibit to this report. The presentation discusses a proposed private placement of Series A preferred stock to Nexus Capital Management (the “Nexus Investment”), a related preferred stock issuance and a planned acquisition of Navitas LLC (the “Navitas Acquisition”), together referred to as the proposed transactions.
The company states it expects to file preliminary and definitive proxy statements so stockholders can vote on the preferred stock issuance in connection with these transactions. It highlights that directors, officers and Nexus may be considered participants in the proxy solicitation and that investors should review the proxy materials when available. The report also includes extensive forward-looking statement and risk language and clarifies that this disclosure is not an offer or solicitation to buy or sell securities.
Laird Superfood, Inc. agreed to acquire Navitas LLC and Global Superfoods Corp. for $38.5 million in cash, contingent on stockholder approval of a new preferred stock financing. At the same time, an affiliate of Nexus Capital committed to invest $50.0 million in 50,000 shares of Series A Preferred Stock at $1,000 per share, with an option for the Company to require Nexus to buy up to 60,000 additional shares to fund future strategic deals. The preferred stock carries a 5% annual dividend, is convertible into common stock at $3.57 per share, and will vote with common stock. Based on shares outstanding as of December 19, 2025, Nexus would hold about 53.5% of the Company on a diluted basis, giving it board control through up to five of nine directors and significant consent rights over future financings and certain corporate actions. The acquisition, investment and related governance changes are expected to close in the first quarter of 2026, subject to regulatory and stockholder approvals and other customary conditions.
Laird Superfood, Inc. furnished a Form 8-K to announce it issued a press release with financial results for the three and nine months ended September 30, 2025. The press release is included as Exhibit 99.1 and incorporated by reference herein.
The company states the information under Item 2.02, including Exhibit 99.1, is being furnished, not filed, and is not subject to Section 18 of the Exchange Act, nor incorporated into other filings except by specific reference.
Laird Superfood, Inc. published a financial presentation covering the quarter ended June 30, 2025 and posted it on its investor website under the "Presentations" section. The company intends to use the Presentation in meetings with investors and analysts and has furnished it as Exhibit 99.1 to this report. The filing explicitly states the Presentation is being furnished rather than "filed" for purposes of the Exchange Act and therefore is not subject to Section 18 liabilities or automatically incorporated into other securities filings. The 8-K lists only the Presentation and an interactive cover page data file as exhibits and contains no standalone financial statements or numeric results within the filing itself.
Laird Superfood (NYSE:LSF) filed a routine Form 8-K disclosing the voting results of its 26 June 2025 Annual Meeting.
Shareholders holding roughly 58% of outstanding shares were present. All seven director nominees and the ratification of KPMG LLP as independent auditor for FY 2025 passed with comfortable margins. No other matters were presented.