Denver J. Smith - Jul 22, 2024 Form 4 Insider Report for INNOVATIVE FOOD HOLDINGS INC (IVFH)

Role: Director
Signature: /s/ Denver J. Smith
Stock symbol: IVFH
Transactions as of: Jul 22, 2024
Transactions value $: $420,000
Form type: 4
Date filed: 7/22/2024, 08:29 PM
Previous filing: Aug 21, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	IVFH	Common Stock	Purchase	$420K	+350K	+14.57%	$1.20	2.75M	Jul 22, 2024	By CRC Founders Fund, LP	F1, F2
holding	IVFH	Common Stock						704K	Jul 22, 2024	Direct
holding	IVFH	Common Stock						745K	Jul 22, 2024	By 73114 Investments, LLC	F2
holding	IVFH	Common Stock						60K	Jul 22, 2024	By Youth Properties, LLC	F2
holding	IVFH	Common Stock						45.8K	Jul 22, 2024	By Paratus Capital, LLC	F2

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

Explanation of Responses:

Id	Content
F1	CRC Founders Fund, LP ("CRC Founders Fund"), entered into a stock purchase agreement (the "Stock Purchase Agreement") with an entity managed by a member of the Issuer's board of directors. Pursuant to the Stock Purchase Agreement, CRC Founders Fund agreed to purchase 350,000 shares of the Issuer's common stock from the entity at a price of $1.20 per share. The transaction is expected to close in the near future.
F2	The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16.

Content

CRC Founders Fund, LP ("CRC Founders Fund"), entered into a stock purchase agreement (the "Stock Purchase Agreement") with an entity managed by a member of the Issuer's board of directors. Pursuant to the Stock Purchase Agreement, CRC Founders Fund agreed to purchase 350,000 shares of the Issuer's common stock from the entity at a price of $1.20 per share. The transaction is expected to close in the near future.

The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16.