Laird Superfood shares rise 10.2% after-hours after announcing capital raise and Navitas acquisition plans.

Laird Superfood surged 10.2% in after-hours trading following its announcement of a capital raise and plans to acquire Navitas LLC as part of its investor presentation at the 2026 ICR Conference. The company outlined a Nexus-led preferred stock issuance and emphasized strategic growth initiatives, including scaling its superfood platform through the Navitas acquisition. The proxy statements for the preferred stock issuance and details on integration plans were highlighted, signaling confidence in operational expansion and margin optimization. While forward-looking disclosures noted risks, the transaction’s potential to enhance gross margins and market position likely drove investor optimism. The after-hours rally aligns with the release of these strategic updates, underscoring market anticipation of value creation through capital allocation and portfolio diversification.