Research Feed
Distressed Restructuring Play: $110M Nexus Capital Raise + Board Takeover
Laird Superfood (LSF) is executing a classic distressed capital raise disguised as M&A. Nexus Capital provides $110M in two tranches ($50M immediate + $60M optional for strategic deals), takes 5/9 board seats, and converts at $3.57—13% above the current $3.11 stock price. The capital funds a $38.5M
Laird Superfood 8-K Reveals Distressed Restructuring Terms Ahead of Shareholder Vote
Laird Superfood filed an 8-K on January 30, 2026, amending its December 21, 2025 Investment Agreement with Nexus Capital and disclosing director departures ahead of the transaction closing. While the amendment itself is procedural—adjusting conversion pricing for potential "Additional Shares" to com