Innovative Food Holdings Inc (IVFH) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Innovative Food Holdings, Inc. successfully completed the sale of its Bonita Springs warehouse to Gulf Coast Aluminum for $2.45 million. This strategic transaction involved a 1.1-acre property with a 10,000 square foot facility, including office and warehouse space, along with additional warehouse equipment. The deal, which was initially agreed upon in December 2023, resulted in approximately $1.9 million in net proceeds for the company, contributing to its financial movements and operational restructuring.
For further insights into IVFH stock, check out TipRanks’ Stock Analysis page.
