Cohn Hank 4
4 · INNOVATIVE FOOD HOLDINGS INC · Filed Jul 23, 2024
Insider Transaction Report
Form 4
Cohn Hank
Director
Transactions
- Sale
Common Stock
2024-07-23$1.20/sh−1,600,000$1,920,000→ 1,525,000 total(indirect: See Footnote)
Holdings
- 1,272,831
Common Stock
Footnotes (2)
- [F1]SV Asset Management LLC ("SV Asset Management") entered into two separate stock purchase agreements with (i) an entity managed by a member of the Issuer's board of directors (the "Board"), and (ii) an entity of which a separate member of the Board is lead manager. Pursuant to each stock purchase agreement, SV Asset Management agreed to sell shares of the Issuer's common stock to each purchaser at a price of $1.20 per share. The transactions are expected to close in the near future.
- [F2]The shares reported as sold herein are held indirectly through SV Asset Management LLC and the balance is held directly.