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Sow Good Inc. – ‘8-K’ for 10/26/23

On:  Tuesday, 10/31/23, at 4:20pm ET   ·   For:  10/26/23   ·   Accession #:  1437749-23-29521   ·   File #:  0-53952

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  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

10/31/23  Sow Good Inc.                     8-K:1,9    10/26/23   12:284K                                   RDG Filings/FA

Current Report   —   Form 8-K

Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 8-K         Current Report                                      HTML     26K 
 2: EX-10.1     Exhibit Lease Agreement by and Between Prologis,    HTML    111K 
                Inc. and the Company, Dated October 26, 2023.10.1                
 7: R1          Document And Entity Information                     HTML     44K 
10: XML         IDEA XML File -- Filing Summary                      XML     12K 
 8: XML         XBRL Instance -- sowg20231031_8k_htm                 XML     12K 
 9: EXCEL       IDEA Workbook of Financial Report Info              XLSX      8K 
 4: EX-101.DEF  XBRL Definitions -- sowg-20231026_def                XML     36K 
 5: EX-101.LAB  XBRL Labels -- sowg-20231026_lab                     XML     46K 
 6: EX-101.PRE  XBRL Presentations -- sowg-20231026_pre              XML     35K 
 3: EX-101.SCH  XBRL Schema -- sowg-20231026                         XSD     14K 
11: JSON        XBRL Instance as JSON Data -- MetaLinks               12±    19K 
12: ZIP         XBRL Zipped Folder -- 0001437749-23-029521-xbrl      Zip     39K

‘8-K’   —   Current Report

This is an HTML Document rendered as filed.  [ Alternative Formats ]

 iX:   C: 
 i false  i 0001490161 0001490161 2023-10-26 2023-10-26
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
FORM  i 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):  i October 26, 2023
 
 i Sow Good Inc.
(Exact name of registrant as specified in its charter)
 
 i Nevada
  
 i 000-53952
  
 i 27-2345075
(State or other jurisdiction
of incorporation)
  
(Commission
File Number)
  
(IRS Employer
Identification No.)
 
 i 1440 N Union Bower Rd
 i Irving,  i TX  i 75061
(Address of principal executive offices, including zip code)
 
Registrant’s telephone number, including area code: ( i 214)  i 623-6055
 
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:
 
 i ☐
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
 
 i ☐
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
 
 i ☐
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
 
 i ☐
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
Securities registered pursuant to Section 12(b) of the Act:
 
Title of each class
  
Trading Symbol(s)
  
Name of each exchange on which registered
 i Common Stock
  
 i SOWG
  
OTCQB
 
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  i ☐
 
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 1.01. Entry into a Material Definitive Agreement.
 
On October 26, 2023, Sow Good Inc., a Nevada corporation (the “Company”) entered into a lease agreement (the “Lease Agreement”) with Prologis, Inc., a Maryland corporation (the “Landlord”). Pursuant to the terms of the Lease Agreement, the Company will lease approximately 51,264 rentable square feet at Stemmons 10, 308 Mockingbird Lane, Dallas, Texas 75247 (the “Premises”) for a term of approximately five years and two months (the “Initial Term”), which the Company intends to use as production space. The Initial Term of the Lease Agreement will commence on November 1, 2023 (the “Lease Commencement Date”). The Lease Agreement provides for base rent payments starting at approximately $42,500 per month (taking into consideration an initial phase-in of the base rent obligation) in the first year of the Initial Term, and increase each year, up to approximately $51,700 per month during the last year of the Initial Term. The Company is also responsible for operating expenses of the Premises. The Company is required to provide a letter of credit to the Landlord in the amount of $300,000 in connection with the Lease Agreement. The Lease Agreement may be extended for a period of five years, at the option of the Company, at a rate to be based on a fair market rent rate determined at the time of the extension.
 
The foregoing summary of the Lease Agreement does not purport to be complete and is qualified in its entirety by reference to the Lease Agreement, which is filed as Exhibit 10.1 to this Current Report on Form 8-K and is incorporated herein by reference.
 
Item 9.01 Financial Statements and Exhibits.
 
(d) Exhibits
 
The following exhibit is being filed herewith:
 
Exhibit No.
  
Description
     
10.1*
  
Lease Agreement by and between Prologis, Inc. and the Company, dated October 26, 2023.
104
  
Cover Page Interactive Data File (embedded within the Inline XBRL document)
 
*Certain exhibits and schedules have been omitted in accordance with Item 601(a)(5) of Regulation S-K. The registrant agrees to furnish supplementally a copy of any omitted exhibit or schedule to the SEC upon its request. 
 
 
 
 
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.
 
 
SOW GOOD INC.
     
 
By:
/s/ Claudia Goldfarb
 
Name:
Claudia Goldfarb
 
Title:
Chief Executive Officer
     
Dated: October 31, 2023
    
 
 

Dates Referenced Herein   and   Documents Incorporated by Reference

This ‘8-K’ Filing    Date    Other Filings
11/1/23None on these Dates
Filed on:10/31/23
For Period end:10/26/23
 List all Filings 

8 Subsequent Filings that Reference this Filing

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 4/25/24  Sow Good Inc.                     S-1/A                  3:3.2M                                   Donnelley … Solutions/FA
 4/22/24  Sow Good Inc.                     S-1/A                  5:3.6M                                   Donnelley … Solutions/FA
 4/16/24  Sow Good Inc.                     S-1/A                  5:3.2M                                   Donnelley … Solutions/FA
 3/27/24  Sow Good Inc.                     S-1/A                 90:10M                                    RDG Filings/FA
 3/22/24  Sow Good Inc.                     10-K       12/31/23   93:11M                                    RDG Filings/FA
 2/13/24  Sow Good Inc.                     S-1                  155:17M                                    RDG Filings/FA
11/21/23  Sow Good Inc.                     S-1                  155:17M                                    RDG Filings/FA
11/14/23  Sow Good Inc.                     10-Q        9/30/23   74:6.9M                                   RDG Filings/FA
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Filing Submission 0001437749-23-029521   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)
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