Lifecore Biomedical, Inc. De 8-K, filed Apr 16, 2025
Lifecore Biomedical, Inc. De (LFCR)
8-K
2025-04-16
For: 2025-04-11
View Original
Added on
April 12, 2026
About this 8-K
Lifecore Biomedical, Inc. De filed this 8-K on April 16, 2025, reporting on events of April 11, 2025.
Items reported
- Item 5.02: Director or officer change, or executive pay
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): April 11, 2025
(Exact name of registrant as specified in its charter)
(State or other jurisdiction of incorporation) | (Commission file number) | (IRS Employer Identification No.) | ||||||||||||
| | ||||||||
| (Address of principal executive offices) | (Zip Code) | |||||||
(952 ) 368-4300
(Registrant’s telephone number, including area code)
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol | Name of each exchange on which registered | ||||||||||||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). 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. ☐
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of
Certain Officers; Compensatory Arrangements of Certain Officers.
On April 11, 2025, the Board of Directors of Lifecore Biomedical, Inc. (the “Company”) amended the Lifecore Biomedical, Inc. Equity Inducement Plan to increase the number of shares of the Company’s common stock available thereunder by 750,000 shares. Attached is a First Amendment to Equity Inducement Plan adopted April 11, 2025 (the “First Amendment”) reflecting the foregoing amendment.
The foregoing description of the First Amendment is not complete and is qualified in its entirety by reference to the full text of the First Amendment, which is attached to this Current Report on Form 8-K as Exhibit 10.1 and incorporated by reference herein.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
| Exhibit No. | Description | |||||||
| 104 | Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document. | |||||||
SIGNATURE
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: April 16, 2025
| LIFECORE BIOMEDICAL, INC. | |||||
| By: | /s/ Ryan D. Lake | ||||
| Ryan D. Lake | |||||
| Chief Financial Officer | |||||
Exhibit 10.1
LIFECORE BIOMEDICAL, INC.
FIRST AMENDMENT TO EQUITY INDUCEMENT PLAN
Effective Date April 11, 2025
In accordance with Section 14.2 of the Lifecore Biomedical, Inc. Equity Inducement Plan (the “Plan”), Section 5.1 of the Plan is hereby amended as follows as of the Effective Date:
5.1 Available Shares. The aggregate number of Shares reserved for Awards under the Plan shall be equal to 4,250,000 Shares, subject to adjustment pursuant to Section 10, all of which may be issued as ISOs. Shares issued under the Plan may consist of authorized but unissued Shares, Shares purchased on the open market or treasury Shares.
This First Amendment to the Plan (this “Amendment”) constitutes an integral part of the Plan. For all purposes of this Amendment, capitalized terms used herein without definition shall have the meanings specified in the Plan, as the Plan shall be in effect as of the Effective Date after giving effect to this Amendment.
This Amendment is adopted pursuant to Section 14.2 of the Plan and shall (unless otherwise expressly indicated herein) be construed, administered and applied in accordance with all of the terms and provisions of the Plan. Except as expressly amended or waived by the terms of this Amendment, the terms and conditions of the Plan shall remain unamended and unwaived. The amendment set forth herein shall be limited precisely as provided for herein to the provisions expressly amended herein and shall not be deemed to be a waiver of, amendment or, consent to or modification of any other term or provision of the Plan or any other document or of any transaction or action on the part of the Company.