Carlson Ridge Capital Issues Open Letter to CEO and Board of Innovative Food Holdings

Rhea-AI Summary

Denver Smith of Carlson Ridge Capital issued an open letter to the CEO and Board of Directors of Innovative Food Holdings, Inc. (IVFH), demanding the resignation of the CEO and two board members. The letter raises concerns about the company's management and governance issues. The full text of the letter and an SEC filing link can be found on the Carlson Ridge website.

Positive

• None.

Negative

• Demand for the resignation of the CEO and two board members raises serious management concerns.
• The public call for leadership change may indicate internal dissatisfaction and governance issues.

DENVER--(BUSINESS WIRE)-- Earlier this week, Denver Smith of Carlson Ridge Capital, LLC released an open letter to the CEO and Board of Directors of Innovative Food Holdings, Inc. (IVFH). Amongst other things, this letter requests the resignation of the CEO and two additional board members.

The full text of this letter and a link to the SEC filing it was attached as an exhibit to can be found here: http://carlsonridge.com/2022/06/08/innovative-food-holdings-inc/

View source version on businesswire.com: https://www.businesswire.com/news/home/20220609006065/en/

Carlson Ridge Capital

1040 S Gaylord Street, Suite 25

Denver, CO 80209

Phone: 405-830-3274

Email: Denver@CarlsonRidge.com

Website: http://carlsonridge.com

Source: Carlson Ridge Capital

FAQ

What did Carlson Ridge Capital request from Innovative Food Holdings (IVFH)?

Carlson Ridge Capital requested the resignation of the CEO and two additional board members of Innovative Food Holdings (IVFH).

Who wrote the open letter to Innovative Food Holdings' management?

The open letter to Innovative Food Holdings' management was written by Denver Smith of Carlson Ridge Capital.

What is the significance of the letter released by Carlson Ridge Capital regarding IVFH?

The letter signifies potential management issues and a lack of confidence in the current leadership of Innovative Food Holdings (IVFH).

Where can I find the full text of the letter addressed to IVFH?

The full text of the letter can be found on the Carlson Ridge Capital website, along with an SEC filing.