Catcall.
Now, when was the last time you were unsolicited offered anything at all? Walking down the street and hearing cat call, co-worker telling you they like your blouse and would love to buy you a drink, having something slipped in that drink and waking up without memory in a roadside motel?
The age of the unsolicited offer seems like a bygone one and so you can imagine how thrilled Laird Hamilton felt when he was unsolicited offered $3 for his cream by a stogy banker named EF Hutton.
Now, $3 may seem low for one of the world’s greatest surfer’s eponymous Superfood but things have not been great for the business since it was established in 2015. Initially, Joe and Jane loved to spoon Laird into their morning coffee and, when it went public, the share price soared up near $50 per share.
Happy days with Hamilton the cock of the walk.
But then something happened, Joe and Jane found other turn ons and share price crumbled near junk level.
Sad days with Hamilton limp and blue.
But now, and per Business Wire:
Laird Superfood, Inc. (NYSE American: LSF) (“Laird Superfood” or “Company”) today confirmed that it has received an unsolicited offer from EF Hutton SPV I LLC to acquire all of the Company’s outstanding common stock for $3.00 per share in cash.
The Laird Superfood Board of Directors will carefully review the proposal and determine the course of action that it believes is in the best interests of the Company and all Laird Superfood shareholders. Laird Superfood shareholders do not need to take any action at this time.
Laird Superfood does not intend to further comment publicly on these matters unless it determines it is in the best interest of shareholders to do so.
Rumors swirling in chat rooms suggest that Laird wants $5 or $6 per share, feeling sassy with the newfound attention.
Well, we totally should have gamestonked.
Lost opportunity.