Laird Superfood to Acquire Navitas with Nexus Investment

Laird Superfood ( (LSF) ) just unveiled an update.

On December 21, 2025, Laird Superfood entered into an agreement to acquire all outstanding equity of Navitas LLC, a premium organic superfoods brand, for $38.5 million in cash, with closing targeted for the first quarter of 2026. The deal is structured to be funded by a concurrent $50 million private placement of Series A convertible preferred stock to affiliates of Nexus Capital Management, which will also give Nexus the option to provide up to an additional $60 million of capital for future strategic transactions, subject to conditions and timing limits, and is contingent on shareholder approval of the preferred issuance. The Series A preferred carries a 5% cumulative dividend, is convertible into common stock at $3.57 per share, and, based on current share counts, would leave Nexus with a controlling diluted equity stake of about 53.5% and five of nine board seats, significantly shifting governance and control of Laird toward the new investor. Laird and Navitas management position the acquisition as a scale-building move that broadens Laird’s product lineup and strengthens its foothold in the superfoods and wellness segment by combining complementary supply chains, sourcing networks, and distribution across e-commerce and retail, with expected synergies in new product development and expanded market reach; voting agreements with certain insiders have been signed to support the preferred stock issuance, and the Nexus investment will close substantially concurrently with the Navitas transaction, subject to customary regulatory and shareholder approvals and closing conditions.

The most recent analyst rating on (LSF) stock is a Hold with a $2.00 price target. To see the full list of analyst forecasts on Laird Superfood stock, see the LSF Stock Forecast page.

Spark’s Take on LSF Stock

According to Spark, TipRanks’ AI Analyst, LSF is a Neutral.

Laird Superfood’s overall stock score is primarily impacted by its financial performance, which shows strong revenue growth but significant challenges in profitability and cash flow. Technical analysis indicates a bearish trend, and valuation metrics are weak due to negative earnings. The earnings call provided a balanced view with both positive growth in certain channels and significant challenges, contributing to a moderate score.

To see Spark’s full report on LSF stock, click here.

More about Laird Superfood

Laird Superfood, Inc. is a plant-based functional nutrition company that develops and sells award-winning, clean-label superfood products designed to enhance daily rituals and provide natural energy. Founded in 2015, the company focuses on environmentally conscious, real-ingredient offerings positioned in the fast-growing health and wellness market, particularly across food and beverage categories targeting health-conscious consumers.

Average Trading Volume: 84,278

Technical Sentiment Signal: Sell

Current Market Cap: $23.51M

For an in-depth examination of LSF stock, go to TipRanks’ Overview page.