LSF - Mergers and acquisitions

Laird Superfood, Inc. (NYSE:LSF) ("Laird Superfood" or the "Company") today announced that it has completed the acquisition of Terrasoul Superfoods, LLC ("Terrasoul Superfoods" or "Terrasoul"), a vertically integrated superfoods brand for $48.0 million in cash, subject to customary purchase price adjustments, with an additional earnout of up to $5.0 million payable in cash if certain performance-based milestones are achieved (the "Terrasoul Acquisition"). For the fiscal year ended December 31, 2025, Terrasoul generated unaudited Net Sales of approximately $65.8 million. The Terrasoul Acquisition was funded through a concurrent private placement of $60 million of Series A Convertible Prefe

The award-winning superfood brand announces its SQF Level 2 Certification achievement Laird Superfood (NYSE:LSF) creator of assorted superfood products, has successfully achieved SQF (Safe Quality Food) Level 2 Certification for its powdered vegan creamers, Hydrate drink mixes, and supplements, receiving a score of 92 on its initial audit. SQF Certification marks an important step that allows Laird Superfood to guarantee customers that their products meet the highest food safety standards. The SQF Program is administered by the Food Marketing Institute (FMI) in the United States and is benchmarked to the Global Food Safety Initiative (GFSI), a global collection of standards and requireme

Net Sales Increase 35% Year Over Year to $7.4 Million Online Sales Contribute 59% of Net Sales, with Direct To Consumer Sales from Lairdsuperfood.com Up 135% Year Over Year Laird Superfood, Inc. (NYSE:LSF) ("Laird Superfood"), today reported financial results for its first quarter ended March 31, 2021. First Quarter 2021 Highlights Net Sales increased to $7.4 million, an increase of 35% year over year. Online sales contributed 59% of net sales, increasing 65% year over year, with lairdsuperfood.com sales growing 135% year over year, and subscribers growing 153%. Wholesale sales contributed 39% of net sales, increasing 7% year over year, and included retail door expansion, beginning