# Laird Superfood, Inc. (LSF) — capital_raise/private_placement [pending]
Source: SEC API (secapi.ai) · situation sit_44434b61524a3b40f212 · retrieved 2026-08-11T16:15:05.774Z

## Overview
Laird Superfood, Inc. creates award-winning, plant-based superfood products that are clean, delicious, and functional, designed to enhance a consumer's daily ritual and keep them fueled naturally throughout the day.

On December 21, 2025, Laird Superfood, Inc. entered into an Acquisition Agreement to acquire all issued and outstanding units of Navitas LLC and all capital stock of Global Superfoods Corp. from Encore Consumer Capital Fund II, LP, the Ira and Joanna Haber Family Trust, and Advantage Capital Agribusiness Partners, L.P. for a purchase price of $38.5 million in cash, subject to customary adjustments including working capital. Concurrently, the Company entered into an Investment Agreement (amended January 30, 2026) with Gateway Superfood NSSIII Investment, LLC and Gateway Superfood NSSIV Investment, LLC (affiliates of Nexus Capital Management LP) whereby Nexus agreed to purchase 50,000 initial shares of newly created Series A Preferred Stock at $1,000 per share for gross proceeds of $50.0 million at closing. Following the issuance of the Initial Shares, Nexus would hold Preferred Stock convertible into 56.7% of the Company's issued and outstanding common stock (or 74.2% assuming issuance of an additional 60,000 shares). The Preferred Stock is convertible at a fixed conversion price of $3.57 per share, accrues dividends at 5% per annum, and votes on an as-converted basis.

## Terms
- Counterparty: Nexus Capital Management LP (investor); Encore Consumer Capital Fund II, LP, The Ira and Joanna Haber Family Trust, and Advantage Capital Agribusiness Partners, L.P. (sellers of Navitas) · Consideration: mixed · Stake: 56.7% · Price/share: $1000

## Key dates
- Announced 2026-02-09 · Record 2026-02-04 · Vote 2026-03-11

## Timeline
- 2026-02-09 · DEFM14A (0001437749-26-003399): DEFM14A - Laird Superfood, Inc. — *Laird Superfood, Inc. creates award-winning, plant-based superfood products that are clean, delicious, and functional, designed to enhance a consumer's daily ritual and keep them fueled naturally throughout the day.* On December 21, 2025, Laird Superfood, Inc. entered into an Acquisition Agreement to acquire all issued and outstanding units of Navitas LLC and all capital stock of Global Superfoods Corp. from Encore Consumer Capital Fund II, LP, the Ira and Joanna Haber Family Trust, and Advantage Capital Agribusiness Partners, L.P. for a purchase price of $38.5 million in cash, subject to customary adjustments including working capital. Concurrently, the Company entered into an Investment Agreement (amended January 30, 2026) with Gateway Superfood NSSIII Investment, LLC and Gateway Superfood NSSIV Investment, LLC (affiliates of Nexus Capital Management LP) whereby Nexus agreed to purchase 50,000 initial shares of newly created Series A Preferred Stock at $1,000 per share for gross proceeds of $50.0 million at closing. Following the issuance of the Initial Shares, Nexus would hold Preferred Stock convertible into 56.7% of the Company's issued and outstanding common stock (or 74.2% assuming issuance of an additional 60,000 shares). The Preferred Stock is convertible at a fixed conversion price of $3.57 per share, accrues dividends at 5% per annum, and votes on an as-converted basis.
  https://www.sec.gov/Archives/edgar/data/1650696/0001437749-26-003399.txt

## Citations
- 0001437749-26-003399 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000143774926003399