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Laird Superfood Announces Agreement to Acquire Navitas LLC and $50 Million Convertible Preferred Equity Investment from Nexus Capital

BOULDER, Colo., December 22, 2025--Laird Superfood, Inc. (NYSE American: LSF) ("Laird Superfood," "Laird" or the "Company"), today announced that it has entered into an agreement to acquire all of the outstanding equity of Navitas LLC ("Navitas") for a purchase price of $38.5 million in cash, subject to customary purchase price adjustments (the "Navitas Acquisition").

articleLaird Superfood, Inc.December 22, 202510/company/laird-superfood-inc/news/laird-superfood-announces-agreement-to-acquire-navitas-llc-and-dollar50-million-convertible-preferred-equity-investment-from-nexus-capital
Laird Superfood Announces Agreement to Acquire Navitas LLC and $50 Million Convertible Preferred Equity Investment from Nexus Capital

About this update from Laird Superfood, Inc.

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More updates from Laird Superfood, Inc.

Navitas AcquisitionPreferred StockNavitas LLCNexus Capital ManagementTransactionsLaird HamiltonstockholdersNavitas