UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM
CURRENT REPORT
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| Item 1.02 | Termination of a Material Definitive Agreement. |
On May 19, 2022, Laird Superfood, Inc. (the “Company”) and East Asset Management, LLC terminated that certain loan agreement between the parties dated August 10, 2017. The loan agreement, under which the Company had access to revolving lines of credit, was previously scheduled to mature on August 10, 2022. No amounts were outstanding under the loan agreement. The Company did not incur any penalties as a result of the early termination of the loan agreement.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Date: May 25, 2022 | Laird Superfood, Inc. | |||||
| By: | /s/ Jason Vieth | |||||
| Name: Jason Vieth | ||||||
| Title: President and Chief Executive Officer | ||||||