Laird Superfood shares rise 10.82% intraday after announcing plans for capital raise and Navitas acquisition.

Laird Superfood surged 10.82% intraday trading following the announcement of a planned capital raise and Navitas acquisition, highlighted in its investor presentation for the 2026 ICR Conference. The company outlined strategic transactions, including a Nexus-led preferred stock issuance and proxy statements for regulatory filings, alongside plans to optimize gross margins and supply chain efficiency. Participation in the conference, where it will present details on the Navitas acquisition and Nexus investment, further signaled growth and operational focus, likely driving investor optimism.