Innovative Food Holdings Files 8-K
Ticker: IVFH · Form: 8-K · Filed: Nov 21, 2024 · CIK: 312257
Sentiment: neutral
Topics: filing, financials, regulatory
Related Tickers: IFHD
TL;DR
IFHD filed an 8-K with financial statements and exhibits as of Nov 18, 2024.
AI Summary
Innovative Food Holdings, Inc. filed an 8-K on November 21, 2024, reporting events as of November 18, 2024. The filing primarily concerns financial statements and exhibits, with no specific material events detailed in the provided text.
Why It Matters
This filing indicates that Innovative Food Holdings, Inc. is providing updated financial statements and exhibits to the SEC, which is a standard regulatory requirement.
Risk Assessment
Risk Level: low — The filing is a routine 8-K for financial statements and exhibits, indicating no immediate material adverse events.
Key Numbers
- 20-1167761 — IRS Employer Identification No. (Identifies the company for tax purposes.)
Key Players & Entities
- Innovative Food Holdings, Inc. (company) — Registrant
- November 18, 2024 (date) — Earliest event reported
- November 21, 2024 (date) — Filing date
- Florida (location) — State of incorporation
- 000-09376 (other) — SEC File Number
FAQ
What specific financial statements or exhibits are being filed?
The provided text indicates that 'Financial Statements and Exhibits' are being filed, but does not list the specific documents.
What is the primary purpose of this 8-K filing?
The primary purpose is to report 'Other Events' and 'Financial Statements and Exhibits' as of November 18, 2024.
When was Innovative Food Holdings, Inc. incorporated?
The company was incorporated in Florida.
What is the principal executive office address for Innovative Food Holdings, Inc.?
The principal executive office is located at 9696 Bonita Beach Rd, Suite 208, Bonita Springs, Florida 34135.
Has the company's name changed previously?
Yes, the company was formerly known as ALPHA SOLARCO INC, with a name change date of July 3, 1992.
Filing Stats: 559 words · 2 min read · ~2 pages · Grade level 11.8 · Accepted 2024-11-21 16:00:41
Key Financial Figures
- $1,580,000 — 24, with an aggregate purchase price of $1,580,000, which consists of (a) a cash payment o
- $1,230,000 — which consists of (a) a cash payment of $1,230,000 after taking into account certain worki
- $350,000 — Closing ") and (b) a promissory note of $350,000, payable to the Seller, with interest a
Filing Documents
- innovfood20241121_8k.htm (8-K) — 26KB
- ex_750949.htm (EX-99.1) — 11KB
- ivfh_logo1.jpg (GRAPHIC) — 4KB
- 0001185185-24-001165.txt ( ) — 163KB
- ivfh-20241118.xsd (EX-101.SCH) — 3KB
- ivfh-20241118_lab.xml (EX-101.LAB) — 19KB
- ivfh-20241118_pre.xml (EX-101.PRE) — 10KB
- innovfood20241121_8k_htm.xml (XML) — 3KB
01
Item 8.01. Other Events. As previously disclosed, on October 14, 2024, Innovative Food Holdings, Inc., a Florida corporation, entered into an asset purchase agreement with Golden Organics, Inc., a Colorado corporation (the " Seller "), and David Rickard, to (i) purchase substantially all of the properties, business, and assets of the Seller used and/or useful in the operation of the Seller's business of wholesaling bulk organic ingredients and other related food products and (ii) assume certain liabilities and obligations of the Seller (such transaction, the " Transaction "). The Transaction was closed on November 18, 2024, with an aggregate purchase price of $1,580,000, which consists of (a) a cash payment of $1,230,000 after taking into account certain working capital adjustments at the closing of the Transaction (the " Closing ") and (b) a promissory note of $350,000, payable to the Seller, with interest at six percent (6%) per annum for a term of sixty (60) months payable in equal monthly installments with the first payment due one month after the Closing. On November 21, 2024, the Company issued a press release announcing the Closing of the Transaction. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits Exhibit Description 99.1 Press Release, dated November 21, 2024 104 Cover Page Interactive Data File (formatted as Inline XBRL)
SIGNATURES
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: November 21, 2024 By: /s/ Robert William Bennett Robert William Bennett Chief Executive Officer