Laird Superfood, Inc.

Laird Superfood announced its 2026 Annual Meeting on June 26, 2026, and detailed significant strategic developments. The company completed the acquisition of Navitas Organics for $38.5 million in March 2026, funded by a $50.0 million strategic investment from Nexus Capital. An additional $60.0 million Nexus investment funded the April 2026 acquisition of Terrasoul Superfoods for $48.0 million cash plus up to $5.0 million contingent consideration. For fiscal year 2025, net sales grew 15% to $49.9 million, though net loss increased to $3.3 million. Stockholders will vote on electing eight directors, ratifying KPMG LLP, advisory votes on executive compensation, and approving an amendment to the 2020 Omnibus Incentive Plan to increase authorized shares.

Laird Superfood, Inc. announced that Doug Behrens resigned from its Board of Directors, effective May 18, 2026. Mr. Behrens also served on the Compensation Committee. The company stated that his resignation was for personal reasons and not due to any disagreement with the company's operations, policies, or practices.

Laird Superfood, Inc. completed the acquisition of Navitas LLC for $40.9 million in cash on March 12, 2026, expanding its product portfolio and distribution. The acquisition was funded by a $50.0 million issuance of Series A Preferred Stock. For the three months ended March 31, 2026, the company reported a net income of $1.75 million, a significant improvement from a net loss of $0.16 million in the prior year, primarily due to a $4.7 million deferred income tax benefit related to the Navitas acquisition. Net sales increased to $13.94 million from $11.65 million year-over-year.

Laird Superfood, Inc. reported Q1 2026 financial results, with net sales growing 20% year-over-year to $13.9 million, partly due to the Navitas Organics acquisition. While the company achieved a net income of $1.8 million, primarily from a tax benefit, gross margin and Adjusted EBITDA declined due to various cost pressures. The company also announced the completion of the Terrasoul Superfoods acquisition in April 2026, funded by a $60.0 million preferred stock investment, establishing a scaled, multi-brand superfood platform. For fiscal year 2026, Laird Superfood expects consolidated net sales between $138 million and $148 million and Adjusted EBITDA between $8 million and $12 million.

Laird Superfood, Inc. filed an 8-K to make an investor presentation available to the public. This presentation is intended for use during the company's engagements with investors. The furnished materials include summary information, specifically mentioning the Terrasoul Acquisition, and are meant to be reviewed in conjunction with the company's other filings with the Securities and Exchange Commission.

Laird Superfood, Inc. completed the acquisition of Terrasoul Superfoods, LLC for $48.0 million in cash on April 21, 2026. Concurrently, the company issued and sold 60,000 shares of Series A Preferred Stock for $60.0 million to Gateway Superfood NSSIII Investment, LLC and Gateway Superfood NSSIV Investment, LLC. The proceeds from the preferred stock sale were utilized to fund the Terrasoul acquisition, expanding Laird Superfood's portfolio.