# EDGAR Filing Document

**Accession Number:** 0001360565
**File Stem:** 0001641172-25-020724
**Filing Date:** 2025-7
**Character Count:** 17125
**Document Hash:** db93f61b7549036c0cfe6c667936441a
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001641172-25-020724.hdr.sgml**: 20250723

**ACCESSION NUMBER**: 0001641172-25-020724

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 14

**CONFORMED PERIOD OF REPORT**: 20250722

**ITEM INFORMATION**: Entry into a Material Definitive Agreement

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20250723

**DATE AS OF CHANGE**: 20250723

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Where Food Comes From, Inc.
- **CENTRAL INDEX KEY:** 0001360565
- **STANDARD INDUSTRIAL CLASSIFICATION:** SERVICES-PREPACKAGED SOFTWARE [7372]
- **ORGANIZATION NAME:** 06 Technology
- **EIN:** 431802805
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-40314
- **FILM NUMBER:** 251143879

**BUSINESS ADDRESS:**
- **STREET 1:** 202 6TH STREET
- **STREET 2:** SUITE 400
- **CITY:** CASTLE ROCK
- **STATE:** CO
- **ZIP:** 80104
- **BUSINESS PHONE:** (303) 895-3002

**MAIL ADDRESS:**
- **STREET 1:** 202 6TH STREET
- **STREET 2:** SUITE 400
- **CITY:** CASTLE ROCK
- **STATE:** CO
- **ZIP:** 80104

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Integrated Management Information, Inc.
- **DATE OF NAME CHANGE:** 20060425

?xml version='1.0' encoding='ASCII'?

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**WASHINGTON, D.C. 20549**

**FORM 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): **July 22, 2025** 

**WHERE FOOD COMES FROM, INC.**

(Exact Name of Registrant as Specified in its Charter)

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| | | |
|:---|:---|:---|
| **Colorado** | **001-40314** | **43-1802805** |
| (State or Other Jurisdiction<br> of Incorporation) | (Commission<br> File Number) | (I.R.S. Employer <br> Identification No.) |

---

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| | |
|:---|:---|
| **202 6th Street, Suite 400** |  |
| **Castle Rock, Colorado** | **80104** |
| (Address of Principal Executive Offices) | (Zip Code) |

---

**(303) 895-3002**

(Registrant's Telephone Number, Including Area Code)

**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:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ 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:

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| | | |
|:---|:---|:---|
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered |
| Common Stock, $0.001 par value | WFCF | The NASDAQ Stock Market LLC |

---

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 ☐

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. ☐

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| | |
|:---|:---|
| **Item 1.01** | **Entry into a Material Definitive Agreement** |

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On July 22, 2025, Where Food Comes From, Inc. ("WFCF" or the "Company") entered into a Redemption and Purchase Agreement (the "Agreement") with Progressive Beef, LLC and BHS, LLC (the "Buyer" or "Progressive Beef"). Pursuant to the Agreement, the Buyer redeemed the 10% membership interests in Progressive Beef owned by the Company effective as of June 30, 2025, in exchange for approximately $1.8 million cash and the Buyer's surrender of 12,585 shares of the Company's common stock. The Buyer and the Company each made customary representations and warranties in the Agreement.

On August 9, 2018, the Company purchased a ten percent membership interest in Progressive Beef for an aggregate purchase price of approximately $1.0 million funded by a combination of cash and stock of the Company. Over the years, the Company received over $1.6 million in dividends, representing a distribution of Progressive Beef's earnings.

A copy of the Redemption and Purchase Agreement is attached as Exhibit 2.1 and is incorporated herein by reference. The foregoing descriptions of the Agreement do not purport to be complete and are qualified in their entirety by reference to the Agreement.

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| | |
|:---|:---|
| **Item 9.01** | **Financial Statements and Exhibits** |

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&nbsp;&nbsp;&nbsp;&nbsp;(d) Exhibits

<u>Exhibit No.</u> <u>Description</u> <br> 2.1 [Redemption and Purchase Agreement](ex2-1.htm) <br> 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

**<u>SIGNATURE</u>**

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.

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| | | |
|:---|:---|:---|
|  | **WHERE FOOD COMES FROM, INC.**<br> *(Registrant)* | **WHERE FOOD COMES FROM, INC.**<br> *(Registrant)* |
|  | By: | */s/ Dannette Henning* |
| Date: July 23, 2025 |  | Dannette Henning |
|  |  | Chief Financial Officer |

---

## Exhibit 2.1

**Exhibit 2.1**

REDEMPTION AGREEMENT FOR MEMBERSHIP INTERESTS

IN LIMITED LIABILITY COMPANIES

THIS REDEMPTION AND PURCHASE AGREEMENT ("Agreement") is made and entered into by and between Progressive Beef, LLC, a Kansas limited liability company ("Progressive Beef"), BHS, LLC, a Kansas limited liability company ("BHS"), (Progressive Beef and BHS referred to collectively as "the Companies"), and Where Food Comes From, Inc. a Colorado corporation ("Seller").

PRELIMINARY STATEMENT

A. Seller
 is a corporation incorporated in the State of Colorado.

B. Seller
 purchased a 10% membership interest in Progressive Beef in 2018. Subsequently, Progressive
 Beef created BHS, resulting in Seller owning a 10% membership interest in each of Progressive
 Beef and BHS.

C. The
 Companies are limited liability companies organized in the State of Kansas.

D. Progressive
 Beef desires to redeem all Seller's membership interests in Progressive Beef.

E. BHS
 desires to redeem all Seller's membership interests in BHS.

AGREEMENT

NOW THEREFORE, in consideration of the premises hereof and the mutual covenants and conditions herein contained, and other consideration, the receipt and sufficiency of which is hereby acknowledged, the parties agree as follows:

1. Redemption
 of Membership Interests. The Companies agree to redeem from the Seller, and Seller agrees
 to relinquish to the Companies, all right, title and interest Seller has in the membership
 interests of the Companies ("Membership Interests"), resulting in Seller owning
 no interest in either of the Companies ("the Redemption") effective as of June
 30, 2025 ("Redemption Effective Date").

2. Redemption
 Price of Membership Interests. The Companies agree, jointly and severally, to pay Seller,
 and Seller agrees to accept from the Companies as the consideration for the redemption of
 the Membership Interests, an aggregate purchase price ("Purchase Price") of one
 million nine hundred thirty-seven thousand dollars ($1,937,000.00), with no further adjustments,
 prorations, or set offs, which shall be paid and allocated as follows:

&nbsp;&nbsp;&nbsp;&nbsp;a. Cash
 Payment. The Companies shall pay total cash or other immediately available funds in the amount
 one million eight hundred thirty-seven thousand dollars ($1,837,000.00) at the Closing ("Cash
 Consideration"); and

&nbsp;&nbsp;&nbsp;&nbsp;b. Stock
 Surrender. Progressive Beef shall surrender to Seller at the Closing twelve thousand five
 hundred eighty-five (12,585) shares of Seller's publicly-traded stock ("WFCF
 Stock") at an agreed total surrender value of one hundred thousand dollars ($100,000)
 ("WFCF Stock Consideration").

3. Closing.
 The closing of the sale and purchase of the Membership Interests and related transactions
 ("the Closing") shall take place simultaneous with the execution of this Agreement.

4. Representations
 and Warranties of Progressive Beef. Progressive Beef hereby represents and warrants:

&nbsp;&nbsp;&nbsp;&nbsp;a. The
 WFCF Stock will at the Closing be free and clear of any liens, encumbrances, or claims of
 any type;

&nbsp;&nbsp;&nbsp;&nbsp;b. It
 has full power and authority to execute and deliver this Agreement, and the consummation
 of the transaction provided for in this Agreement will not result in the breach of the terms,
 conditions or provisions of, or constitute a default under any indenture agreement or other
 instruments to which it is a party or by which it may be bound or affected;

&nbsp;&nbsp;&nbsp;&nbsp;c. It
 has obtained all necessary approvals to perform all aspects of this Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;d. It
 is a limited liability company duly organized, validly existing and in good standing under
 the laws of the State of Kansas.

&nbsp;&nbsp;&nbsp;&nbsp;e. Its
 authorized representative will execute any further stock power, stock transfer, or similar
 documentation requested by Seller to effect the surrender of the WFCF Stock.

5. Representations
 and Warranties of BHS. BHS hereby represents and warrants:

&nbsp;&nbsp;&nbsp;&nbsp;a. It
 has full power and authority to execute and deliver this Agreement, and the consummation
 of the transaction provided for in this Agreement will not result in the breach of the terms,
 conditions or provisions of, or constitute a default under any indenture agreement or other
 instruments to which it is a party or by which it may be bound or affected;

&nbsp;&nbsp;&nbsp;&nbsp;b. It
 has obtained all necessary approvals to perform all aspects of this Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;c. It
 is a limited liability company duly organized, validly existing and in good standing under
 the laws of the State of Kansas.

6. Representations
 and Warranties of Seller. Seller hereby represents and warrants that:

&nbsp;&nbsp;&nbsp;&nbsp;a. The
 Membership Interests will at the Closing be free and clear of any liens, encumbrances, or
 claims of any type;

&nbsp;&nbsp;&nbsp;&nbsp;b. Seller
 has full power and authority to execute and deliver this Agreement, and the consummation
 of the transaction provided for in this Agreement will not result in the breach of the terms,
 conditions or provisions of, or constitute a default under any indenture agreement or other
 instruments to which Seller is a party or by which Seller may be bound or affected;

&nbsp;&nbsp;&nbsp;&nbsp;c. Seller
 has obtained all necessary approvals to perform all aspects of this Agreement; and

&nbsp;&nbsp;&nbsp;&nbsp;d. Seller
 is a corporation company duly organized, validly existing and in good standing under the
 laws of the State of Colorado.

7. Authorizations
 and Acknowledgements of Seller.

&nbsp;&nbsp;&nbsp;&nbsp;a. Seller
 authorizes any member or manager of the Companies to enter the Redemption in the Companies'
 records effective as of the Redemption Effective Date; and

&nbsp;&nbsp;&nbsp;&nbsp;b. Seller
 acknowledges receipt of complete owner distributions from the Companies for all periods up
 to an including the Redemption Effective Date.

8. Miscellaneous
 Provisions.

&nbsp;&nbsp;&nbsp;&nbsp;a. Governing
 Law. This Agreement shall be executed and delivered in the State of Kansas and the provisions
 hereof shall be governed by, construed and enforced in accordance with the laws of the State
 of Kansas.

&nbsp;&nbsp;&nbsp;&nbsp;b. Legal
 Representation. All parties maintain their own legal counsel, and the terms of this Agreement
 have been drafted in mutual collaboration between the parties.

&nbsp;&nbsp;&nbsp;&nbsp;c. Transactional
 Costs. All parties shall be responsible for their respective attorneys' fees, accountants'
 fees, experts' fees, and other expenses incurred by them in connection with the negotiations
 and the Closing of this transaction; provided however, that in the event litigation is commenced
 to enforce any rights under this Agreement or to pursue any other remedy available to any
 party, all legal expense or other direct costs of litigation of the prevailing party shall
 be paid by the non-prevailing party.

&nbsp;&nbsp;&nbsp;&nbsp;d. Entire
 Agreement. This Agreement constitutes the complete agreement between the parties with respect
 to the subject matter herein, supersedes all prior agreements or understandings among the
 parties, and may not be changed or terminated unless in writing and signed by all parties.

&nbsp;&nbsp;&nbsp;&nbsp;e. Binding
 Effect. This Agreement shall inure to the benefit of and be legally binding upon the parties
 hereto, their heirs, successors and assigns.

&nbsp;&nbsp;&nbsp;&nbsp;f. Survival.
 All representations, warranties, authorizations, and obligations in this Agreement, and any
 other document delivered pursuant to this Agreement will survive the Closing. The right to
 any remedy based on such representations, warranties, authorizations, and obligations will
 not be affected by any investigation conducted with respect to, or any knowledge acquired
 (or capable of being acquired) by the parties at any time, whether before or after the execution
 and delivery of this Agreement or the Closing, with respect to the accuracy or inaccuracy
 of or compliance with, any such representations, warranties, authorizations, or obligations.
 The waiver of any condition based on the accuracy of any representation or warranty, or on
 the performance of or compliance with any authorization or obligation, will not affect the
 right to indemnification, or other remedy based on such representations, warranties, authorizations,
 and obligations.

&nbsp;&nbsp;&nbsp;&nbsp;g. Severability
 of Provisions. In case any one or more of the provisions contained in this Agreement should
 be invalid, illegal or unenforceable in any respect, the validity, legality and enforceability
 of the remaining provisions contained herein shall not in any way be affected or impaired
 thereby.

&nbsp;&nbsp;&nbsp;&nbsp;h. Execution.
 This instrument may be executed in any number of counterparts and signature pages may be
 separately signed and attached hereto to create a fully executed original instrument. Signature
 pages may be delivered with original signatures or by reproduction, facsimile transmission,
 electronic transmission or other similar means whereby each original signature has been reproduced,
 and all reproduced signatures shall be deemed "electronic signatures" and equivalent
 to an original signature for all purposes. Delivery of a signature page in any such manner
 shall evidence the agreement of each submitting party to be fully bound by all terms and
 conditions of this instrument when signature pages for all parties have been delivered for
 attachment to this instrument.

&nbsp;&nbsp;&nbsp;&nbsp;i. Assignment.
 This Agreement is not assignable by any party without the prior written consent of the other
 party(ies) hereto, which shall not be unreasonably withheld, except the parties shall have
 the right to assign their rights under this Agreement in whole or in part to an entity which
 owns or controls, is owned or controlled by, or is under substantially common ownership or
 control with, the party, in which case such assignee(s) will succeed to all rights and liabilities
 of the assigning party hereunder, except that the assigning party shall not be relieved of
 liability hereunder.

&nbsp;&nbsp;&nbsp;&nbsp;j. Remedies.
 Upon any breach or other violation of this Agreement, the parties hereto shall be entitled
 to exercise any and all rights and remedies contained herein or now or hereinafter existing
 and available at law, in equity, by statute, or otherwise. No right or remedy herein conferred
 upon a party is intended to be exclusive of any other right or remedy contained herein, and
 every such right or remedy shall be cumulative and shall be in addition to every other right
 or remedy contained herein or now or hereafter existing and available at law, in equity,
 by statute, or otherwise.

[Signature page follows.]

IN WITNESS WHEREOF, the parties have executed this Agreement as of the last day and year written below.

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| | |
|:---|:---|
| WHERE FOOD COMES FROM, INC. | WHERE FOOD COMES FROM, INC. |
| By: | */s/ John Saunders* |
|  | John Saunders |
|  | Chief Executive Officer |
| Date: | 7/22/2025 |
| PROGRESSIVE BEEF, LLC | PROGRESSIVE BEEF, LLC |
| By: | */s/ Bronson Smith* |
|  | Bronson Smith |
| Title: | President |
| Date: | 07/22/2025 |
| BHS, LLC | BHS, LLC |
| By: | */s/ Bronson Smith* |
|  | Bronson Smith |
| Title: | President |
| Date: | 07/22/2025 |

---