Announcement • Apr 02
LFTD Partners Inc. announced delayed annual 10-K filing On 04/01/2026, LFTD Partners Inc. announced that they will be unable to file their next 10-K by the deadline required by the SEC. Announcement • Feb 26
LFTD Partners Inc. (OTCPK:LIFD) signed a letter of intent to acquire Sustainable Innovations Inc. LFTD Partners Inc. (OTCPK:LIFD) signed a letter of intent to acquire Sustainable Innovations Inc. on February 19, 2025. SI received a social equity forgivable loan from the Illinois DCEO in the amount of $625,000 in relation to the SI Infuser License (the $625,000 Loan"), and under the terms of the $625,000 Loan, the $625,000 Loan must be repaid by SI in full if SI or the SI Infuser License is transferred to a third party prior to or during the one year period after the $625,000 Loan is forgiven (the "Standstill Period"). Immediately following end of the Standstill Period, the Owners shall sell to LIFD, and LIFD shall purchase from the Owners, all of the capital stock of SI for an aggregate purchase consideration of Ten Dollars ($10.00), without LIFD being under any obligation whatsoever to repay the $625,000 Loan.
The transaction is subject to approval by regulatory board / committee, approval of merger agreement by target board, approval of offer by acquirer board, approval of offer by target shareholders, approval/consents of lenders/creditors and minimum acquirer stock price. The expected completion of the transaction is March 15, 2025. Announcement • Jan 02
LFTD Partners Inc. Announces Board Changes On December 19, 2024, the Board of Directors of LFTD Partners Inc. appointed William C. Jake" Jacobs, CPA to fill a vacancy to serve as the ninth member of LFTD Partners Inc.'s nine-member Board of Directors. The vacancy was created by the untimely passing of Robert T. Warrender II earlier this month. Mr. Jacobs formally accepted the appointment on December 20, 2024. William C. Jake" Jacobs, CPA, age 36, has been the President, Chief Financial Officer and Treasurer of LFTD Partners Inc. since February 27, 2019. Previously, Mr. Jacobs worked in the Assurance Division of Ernst & Young (doing business as EY), auditing both publicly traded and privately held companies. Mr. Jacobs graduated from the University of Southern California, with a double major in Accounting and Business Administration with a concentration in Finance. In both 2024 and 2015, Mr. Jacobs won the Gold Medal at the United States of America Snowboard and Freeski Association (USASA) National Championships in the Boardercross Snowboard Men's event, in the Master (30-39) and Senior (23-29) divisions, respectively. He is also an avid kiteboarder and wakeboarder. Mr. Jacobs is the son of Chairman and CEO Gerard M. Jacobs and nephew of director James S. Jacobs. 
