Sow Good Inc.

Sow Good Inc. is a U.S.-based consumer packaged goods company that originated the freeze-dried candy category. The company began commercial sales in the first quarter of 2023, developing and scaling a proprietary freeze-drying manufacturing operation to transform traditional candy and snacks into new, intensely flavorful treats. These products are marketed with the brand positioning "hyper dried, hyper crunchy, hyper flavorful." On December 30, 2025, Sow Good Inc. sold substantially all of its manufacturing assets, including six proprietary freeze-drying machines and other property and equipment with an aggregate net book value of approximately $10,793,563, to Trea Grove, LLC, a related party, for a total of $1.5 million. Concurrently, the company entered into an exclusive Distribution Agreement with Trea Grove, LLC, making Trea Grove, LLC the exclusive worldwide distributor of Sow Good Inc.'s remaining finished goods inventory. Under this agreement, Sow Good Inc. receives 10% of gross receipts from customer sales. The Distribution Agreement is effective through July 31, 2026. As a result of these transactions, Sow Good Inc. no longer operates manufacturing facilities and has adopted a capital-light model for the term of the Distribution Agreement. Additionally, on December 31, 2025, the company entered into a Securities Purchase Agreement for a private placement of two tranches of convertible preferred stock. The first tranche involved the sale of 1,500,000 Series AA Convertible Non-Redeemable Preferred Stock, par value $0.001 per share, generating proceeds of $3,000,000, which were used to pay down debt, reduce headcount, and for operational purposes. The company expects to complete the sale of the second tranche in March 2026, issuing 1,500,000 Series AAA Convertible Redeemable Preferred Stock, par value $0.001 per share, for additional proceeds of $3,000,000.