Jefferson Gramm - Dec 4, 2024 Form 4 Insider Report for INNOVATIVE FOOD HOLDINGS INC (IVFH)

Role: Director, 10%+ Owner
Signature: /s/ Jefferson Gramm
Stock symbol: IVFH
Transactions as of: Dec 4, 2024
Transactions value $: $2,000,000
Form type: 4
Date filed: 12/6/2024, 07:39 PM
Previous filing: Jul 23, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	IVFH	Common Stock, par value $0.0001 per share	Purchase	$2M	+1.25M	+25.29%	$1.60	6.19M	Dec 4, 2024	By Bandera Master Fund L.P.	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Securities beneficially owned by Bandera Master Fund L.P. ("Bandera Master Fund"). Mr. Gramm, by virtue of his position as a Managing Member of Bandera Partners LLC, the investment manager of Bandera Master Fund, may be deemed to beneficially own the securities beneficially owned by Bandera Master Fund. Mr. Gramm disclaims beneficial ownership of the securities reported herein except to the extent of his pecuniary interest therein, and this report shall not be deemed to be an admission that Mr. Gramm is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
F2	On December 4, 2024, Bandera Master Fund entered into a securities purchase agreement with the Issuer pursuant to which it agreed to purchase 1,250,000 shares from the Issuer at a price of $1.60 per share. The transaction is expected to close in the near future.

Content

Securities beneficially owned by Bandera Master Fund L.P. ("Bandera Master Fund"). Mr. Gramm, by virtue of his position as a Managing Member of Bandera Partners LLC, the investment manager of Bandera Master Fund, may be deemed to beneficially own the securities beneficially owned by Bandera Master Fund. Mr. Gramm disclaims beneficial ownership of the securities reported herein except to the extent of his pecuniary interest therein, and this report shall not be deemed to be an admission that Mr. Gramm is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.

On December 4, 2024, Bandera Master Fund entered into a securities purchase agreement with the Issuer pursuant to which it agreed to purchase 1,250,000 shares from the Issuer at a price of $1.60 per share. The transaction is expected to close in the near future.