Annual report
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Table of Contents ☐ UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON , DC 20549 ( Mark One ) ANNUAL REPORT PURSUANT TO SECTION 13 OR 15 ( d ) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31 , 2020 OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 ( d ) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number : 001-39537 Title of each class Common Stock FORM 10 - K Delaware ( State or other jurisdiction of incorporation or organization ) LAIR SUPERFOODⓇ Laird Superfood , Inc. ( Exact Name of Registrant as Specified in its Charter ) 275 W. Lundgren Mill Drive , Sisters , Oregon 97759 ( Address of principal executive offices , including Zip Code ) Registrant's telephone number , including area code : ( 888 ) 670-6796 Securities registered pursuant to Section 12 ( b ) of the Act : 81-1589788 ( I.R.S. Employer Identification No. ) Name of each exchange on which registered NYSE American Trading Symbol LSF Securities registered pursuant to Section 12 ( g ) of the Act : None . Indicate by check mark if the registrant is a well - known seasoned issuer , as defined in Rule 405 of the Securities Act . Yes Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15 ( d ) of the Act . Yes Indicate by check mark whether the registrant : ( 1 ) has filed all reports required to be filed by Section 13 or 15 ( d ) of the Securities Exchange Act of 1934 during the preceding 12 months ( or for such shorter period that the registrant was required to file such reports ) , and ( 2 ) has been subject to such filing requirements for the past 90 days . Yes No Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S - T ( § 232.405 of this chapter ) during the preceding 12 months ( or for such shorter period that the registrant was required to submit such files ) . Yes No > Indicate by check mark whether the registrant is a large accelerated filer , an accelerated filer , a non - accelerated filer , a smaller reporting company , or an emerging growth company . See the definitions of " large accelerated filer , " " accelerated filer , " " smaller reporting company , " and " emerging growth company " in Rule 12b - 2 of the Exchange Act . Large accelerated filer Non - accelerated filer Accelerated filer No X No Smaller reporting company Emerging growth company If an emerging growth company , indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13 ( a ) of the Exchange Act . Indicate by check mark whether the registrant has filed a report on and attestation to its management's assessment of the effectiveness of its internal control over financial reporting under Section 404 ( b ) of the Sarbanes - Oxley Act ( 15 U.S.C. 7262 ( b ) ) by the registered public accounting firm that prepared or issued its audit report . Indicate by check mark whether the registrant is a shell company ( as defined in Rule 12b - 2 of the Exchange Act ) . Yes No П The aggregate market value of the common stock held by non - affiliates of the registrant , based on the closing price of a share of the registrant's common stock on December 31 , 2020 as reported by the NYSE American on such date , was approximately $ 291.1 million . The registrant has elected to use December 31 , 2020 , which was the last business day of the registrant's most recently completed fiscal year , as the calculation date because on June 30 , 2020 ( the last business day of the registrant's most recently completed second fiscal quarter ) , the registrant was a privately - held company . Shares of common stock held by each executive officer and director and by each other person who may be deemed to be an affiliate of the registrant , have been excluded from this computation . The determination of affiliate status for this purpose is not necessarily a conclusive determination for other purposes . As of March 15 , 2021 the registrant had 8,895,352 shares of common stock , $ 0.001 par value per share , outstanding . Documents Incorporated by Reference Portions of the registrant's definitive Proxy Statement for the 2021 Annual Meeting of Stockholders are incorporated by reference into Part III of this Annual Report on Form 10 - K where indicated . Such Definitive Proxy Statement will be filed with the Securities and Exchange Commission within 120 days after the end of the registrant's fiscal year ended December 31 , 2020 .