# EDGAR Filing Document

**Accession Number:** 0000351834
**File Stem:** 0001193125-26-202554
**Filing Date:** 2026-5
**Character Count:** 21018
**Document Hash:** 41f5adf346d226703515857efb78a09a
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-26-202554.hdr.sgml**: 20260504

**ACCESSION NUMBER**: 0001193125-26-202554

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 13

**CONFORMED PERIOD OF REPORT**: 20260501

**ITEM INFORMATION**: Termination of a Material Definitive Agreement

**ITEM INFORMATION**: Completion of Acquisition or Disposition of Assets

**ITEM INFORMATION**: Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing

**ITEM INFORMATION**: Material Modifications to Rights of Security Holders

**ITEM INFORMATION**: Changes in Control of Registrant

**ITEM INFORMATION**: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers

**ITEM INFORMATION**: Regulation FD Disclosure

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20260504

**DATE AS OF CHANGE**: 20260504

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** SunOpta Inc.
- **CENTRAL INDEX KEY:** 0000351834
- **STANDARD INDUSTRIAL CLASSIFICATION:** BEVERAGES [2080]
- **ORGANIZATION NAME:** 04 Manufacturing
- **EIN:** 000000000
- **STATE OF INCORPORATION:** Z4
- **FISCAL YEAR END:** 0103

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-34198
- **FILM NUMBER:** 26934640

**BUSINESS ADDRESS:**
- **STREET 1:** 7078 SHADY OAK ROAD
- **CITY:** EDEN PRAIRIE
- **STATE:** MN
- **ZIP:** 55344
- **BUSINESS PHONE:** 952-820-2518

**MAIL ADDRESS:**
- **STREET 1:** 7078 SHADY OAK ROAD
- **CITY:** EDEN PRAIRIE
- **STATE:** MN
- **ZIP:** 55344

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** SUNOPTA INC
- **DATE OF NAME CHANGE:** 20031107

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** STAKE TECHNOLOGY LTD
- **DATE OF NAME CHANGE:** 19940901

?xml version='1.0' encoding='ASCII'? 8-K

### 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): May 1, 2026

## SUNOPTA INC.

#### (Exact name of registrant as specified in its charter)

---

| | | |
|:---|:---|:---|
| **Canada** | **001-34198** | **Not Applicable** |
| **(State or other jurisdiction<br>of incorporation)** | **(Commission<br>File Number)** | **(IRS Employer<br>Identification No.)** |

---

#### 7078 Shady Oak Road

#### Eden Prairie, Minnesota, 55344

#### (Address of principal executive offices) (ZIP Code)

#### Registrant's telephone number, including area code: (952) 820-2518

#### 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:

---

| | | |
|:---|:---|:---|
| **Title of each class** | **Trading<br>Symbols** | **Name of each exchange<br>on which registered** |
| Common Shares | STKL | The Nasdaq Stock Market LLC |
|  |  | INDICATE BY CHECK |
| Common Shares | SOY | The Toronto Stock Exchange |

---

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. ☐

------

#### Introductory Note
As previously disclosed, SunOpta Inc., a corporation formed under the laws of Canada (the "Company"), entered into an Arrangement Agreement, dated February 6, 2026, with Pegasus BidCo B.V., a private company with limited liability incorporated under the laws of the Netherlands ("Parent"), and 2786694 Alberta Ltd. ("Purchaser"), a corporation formed under the laws of the Province of Alberta and a wholly-owned subsidiary of Parent (the "Arrangement Agreement").

*The Arrangement* 

On May 1, 2026, pursuant to the Arrangement Agreement and the plan of arrangement (the "Plan of Arrangement"), on the terms and subject to the conditions set forth therein, Purchaser acquired all of the issued and outstanding common shares in the capital of the Company (the "Common Shares") by way of a court-approved statutory arrangement under section 192 of the *Canada Business Corporations Act* (the "Arrangement").

*Effect on Shares and Consideration* 

On May 1, 2026, beginning at the effective time of the Arrangement (the "Effective Time") and at the times contemplated by the Plan of Arrangement: (1) each issued and outstanding Common Share was transferred to Purchaser for consideration of $6.50 in cash (the "Consideration"), less any applicable withholdings; (2) each issued and outstanding share of Series B-1 Preferred Stock in the capital of SunOpta Foods, Inc. (the "Series B-1 Preferred Stock"), a wholly-owned subsidiary of the Company, was transferred to the Company in exchange for the number of Common Shares calculated by multiplying the number of shares of Series B-1 Preferred Stock by 405.9555467 (being the exchange rate of the Series B-1 Preferred Stock contemplated by their terms), and the resulting Common Shares were transferred to Purchaser for the Consideration in respect of each such Common Share, less any applicable withholdings; and (3) each issued and outstanding special share in the capital of the Company was cancelled without any payment in respect thereof.

In addition:

• each stock option, whether vested or unvested, outstanding immediately prior to the Effective Time was deemed to be unconditionally vested and exercisable, and each such stock option shall be surrendered by the holder thereof to the Company in exchange for, subject to any withholding, a cash payment equal to the amount (if any) by which the Consideration in respect of a Common Share underlying such stock option exceeds the exercise price of such stock option, multiplied by the number of Common Shares subject to such stock option;

• each restricted stock unit ("RSU"), whether vested or unvested, outstanding as of immediately prior to the Effective Time shall be surrendered by the holder thereof to the Company in exchange for, subject to any withholding, a cash payment from the Company equal to the Consideration in respect of each Common Share underlying such RSU; and

• each performance stock unit ("PSU") outstanding immediately prior to the Effective Time shall be surrendered by the holder thereof to the Company in exchange for, in the case of each PSU deemed to be vested pursuant to the Arrangement Agreement, subject to any withholding, a cash payment from the Company equal to the Consideration in respect of each Common Share underlying such vested PSU.

The foregoing description of the Arrangement Agreement, the Plan of Arrangement and the transactions contemplated thereby does not purport to be complete and is subject to, and qualified in its entirety by, the full text of the Arrangement Agreement, a copy of which was filed as Exhibit 2.1 to the Current Report on Form 8-K filed by the Company with the U.S. Securities and Exchange Commission (the "SEC") on [February 6, 2026](http://www.sec.gov/Archives/edgar/data/../../../ix?doc=/Archives/edgar/data/0000351834/000106299326000660/form8k.htm) and is incorporated herein by reference.

------

---

| | |
|:---|:---|
| **Item 1.02** | **Termination of a Material Definitive Agreement.**  |

---

On May 1, 2026, in connection with the consummation of the Arrangement described above in the Introductory Note, the Company repaid in full all of its loans and terminated and satisfied in full all outstanding commitments of lenders to lend under that certain Credit Agreement (the "Credit Agreement") dated as of December 8, 2023 among the Company, as borrower, Bank of America, N.A., as administrative agent, the lenders from time to time party thereto, and the guarantors from time to time party thereto, and irrevocably and unconditionally terminated the Credit Agreement. With regard to outstanding letters of credit issued under the Credit Agreement, Parent caused JPMorgan Chase Bank, N.A. to issue a backstop irrevocable letter of credit to Bank of America, N.A. pursuant to its existing credit facility.

The Company maintains a variety of relationships with several of the lenders that were parties to the Credit Agreement, including comprehensive banking services, foreign currency borrowing arrangements, letter of credit and foreign exchange needs. There were no material early termination penalties, other than the prepayment fees and the exit fees required by the Credit Agreement.

---

| | |
|:---|:---|
| **Item 2.01** | **Completion of Acquisition or Disposition of Assets.**  |

---

The information contained in the Introductory Note of this Current Report on Form 8-K is incorporated herein by reference.

---

| | |
|:---|:---|
| **Item 3.01** | **Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.**  |

---

On May 1, 2026, the Company notified the Nasdaq Stock Market LLC ("Nasdaq") of the consummation of the Arrangement on May 1, 2026 and requested that Nasdaq halt trading of the Common Shares effective as of 5:00 p.m., Eastern Time, on May 1, 2026.

On May 1, 2026, the Company requested that Nasdaq file with the SEC a Form 25, Notification of Removal from Listing and/or Registration, to delist the Common Shares from Nasdaq and deregister the Common Shares under Section 12(b) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). Upon effectiveness of such Form 25, the Company intends to file a Certification and Notice of Termination of Registration on Form 15 with the SEC requesting the deregistration of the Common Shares under Section 12(g) of the Exchange Act and the suspension of the Company's reporting obligations under Sections 13 and 15(d) of the Exchange Act.

The information contained in the Introductory Note of this Current Report on Form 8-K is incorporated herein by reference.

---

| | |
|:---|:---|
| **Item 3.03** | **Material Modification to Rights of Security Holders.**  |

---

The information set forth in the Introductory Note, Item 3.01 and Item 5.01 of this Current Report on Form 8-K is incorporated herein by reference.

---

| | |
|:---|:---|
| **Item 5.01** | **Changes in Control of Registrant.**  |

---

The information contained in the Introductory Note, Item 3.01 and Item 3.03 of this Current Report on Form 8-K is incorporated herein by reference.

As a result of the consummation of the Arrangement, a change in control of the Company occurred and the Company became a wholly-owned subsidiary of Parent.

------

#### Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
The information set forth in the Introductory Note of this Current Report on Form 8-K is incorporated herein by reference.

As contemplated by the Arrangement Agreement, each of Dr. Albert Bolles, Rebecca Fisher, Dean Hollis, David J. Lemmon, Diego Reynoso, Leslie Starr and Mahes S. Wickramasinghe resigned as a member of the Company's board of directors, and any committee thereof, effective as of the Effective Time. Steven Wood Presley, William Lewis McFarland II, Alan Humes and Stephane Bellemare were appointed as the directors of the Company, effective as of the Effective Time, each to serve until the earlier of his resignation or removal or his respective successor is duly elected or appointed and qualified. Brian Kocher will continue to serve as a director of the Company, until the earlier of his resignation or removal or his successor is duly elected or appointed and qualified.

#### Item 7.01 Regulation FD Disclosure.
On May 1, 2026, the Company issued a press release announcing the consummation of the Arrangement. A copy of the press release is furnished as Exhibit 99.1 hereto and is incorporated herein by reference.

*The information included in Exhibit 99.1 attached hereto, is furnished and shall not be deemed "filed" for purposes of Section 18 of the Exchange Act, or otherwise subject to the liabilities of that section, nor shall such information be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended (the "Securities Act"), or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.*

#### Item 9.01 Financial Statements and Exhibits.
*d) Exhibits.* 

---

| | |
|:---|:---|
| **Exhibit**<br> **Number** | **Description** |
| 2.1\* | [Arrangement Agreement, dated as of February 6, 2026, by and among Pegasus Bidco B.V., 2786694 Alberta Ltd. and SunOpta Inc.](http://www.sec.gov/Archives/edgar/data/0000351834/000106299326000660/exhibit2-1.htm) (incorporated by reference to Exhibit 2.1 to the Company's Current Report on Form 8-K dated February 6, 2026) |
| 99.1 | [Press Release, dated May 1, 2026](d365148dex991.htm) |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |

---

\* *Schedules and similar attachments have been omitted pursuant to Item 601(a)(5) of Regulation S-K. The Company hereby agrees to supplementally furnish to the SEC upon request any omitted schedule or similar attachment to Exhibit 2.1.*

------

#### SIGNATURES
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.

---

| | |
|:---|:---|
| **SUNOPTA INC.** | **SUNOPTA INC.** |
| By | /s/ Greg Gaba |
|  | Greg Gaba |
|  | Chief Financial Officer |
| Date | May 1, 2026 |

---

## Exhibit 99.1

**Exhibit 99.1**![LOGO](g365148g0501094310345.jpg)

**FOR IMMEDIATE RELEASE** 

**SUNOPTA COMPLETES ARRANGEMENT WITH REFRESCO** 

**Minneapolis, Minnesota – May 1, 2026** – SunOpta Inc. ("SunOpta" or the "Company") (Nasdaq: STKL) (TSX: SOY), a North American supply chain solutions provider, is pleased to announce the successful completion of the acquisition of the Company by an affiliate of Refresco Holding B.V. ("Refresco") for US$6.50 per Common Share in cash (the "Consideration") pursuant to a previously announced plan of arrangement under section 192 of the *Canada Business Corporations Act* (the "Arrangement").

As previously announced, shareholders of SunOpta overwhelmingly approved the Arrangement at a special meeting of shareholders held on April 16, 2026. SunOpta obtained a final order from the Ontario Superior Court of Justice (Commercial List) in respect of the Arrangement on April 22, 2026.

In connection with the Arrangement, SunOpta's shares will be delisted from the Toronto Stock Exchange ("TSX") and the Nasdaq Stock Market LLC ("Nasdaq"). SunOpta will also apply to cease to be a reporting issuer under applicable Canadian securities laws and will deregister its securities under U.S. securities laws as soon as practicable.

Full details of the Arrangement and certain other matters are set out in SunOpta's management information circular and proxy statement available on the Company's website at <u>www.sunopta.com</u> and under the Company's profile on SEDAR+ at <u>www.sedarplus.ca</u> and EDGAR at <u>www.sec.gov</u>.

**Action Required by SunOpta Shareholders** 

Registered shareholders of SunOpta are reminded to submit a duly completed letter of transmittal, together with the share certificate(s) and/or DRS advice(s) representing their Common Shares, to TSX Trust Company, in order to receive the Consideration. SunOpta shareholders whose Common Shares are registered in the name of an intermediary (such as a broker, investment dealer, bank, trust company, custodian or other nominee) are not required to submit a letter of transmittal.

**About SunOpta** 

SunOpta (Nasdaq: STKL) (TSX: SOY), delivers customized supply chain solutions and innovation for top brands, retailers and foodservice providers across a broad portfolio of beverages, broths and better-for-you snacks. With over 50 years of expertise, SunOpta fuels customers' growth with high-quality, sustainability-forward solutions distributed through retail, club, foodservice and e-commerce channels across North America. For more information, visit <u>www.sunopta.com</u> or follow us on <u>LinkedIn</u>.

**Forward-Looking Statements** 

Certain statements in this press release concerning the Arrangement, including any statements regarding the reasons for, and the anticipated benefits of, the Arrangement; the timing of various steps to be completed in connection with the Arrangement; the timing and effects of the Arrangement; the delisting and deregistration actions; and any other statements regarding SunOpta's future expectations, beliefs, plans, objectives, financial conditions, assumptions or future events or performance that are not historical facts are "forward-looking" statements based on assumptions

------

currently believed to be valid. Forward-looking statements are all statements other than statements of historical facts. The words "anticipate," "believe," "ensure," "expect," "if," "intend," "estimate," "probable," "project," "forecasts," "predict," "outlook," "aim," "will," "could," "should," "would," "potential," "may," "might," "likely," "plan," "positioned," "strategy," and similar expressions or other words of similar meaning, and the negatives thereof, are intended to identify forward-looking statements. The forward-looking statements are intended to be subject to the safe harbor provided by Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws.

These forward-looking statements involve significant risks and uncertainties that could cause actual results to differ materially from those anticipated, including, but not limited to, (1) risks related to the consummation of the Arrangement, including the possibility that the Arrangement may be more expensive to complete than anticipated, including as a result of unexpected factors or events; (2) the effects that the Arrangement may have on SunOpta and its business, including the risks that as a result (a) SunOpta's business, operating results or share price may suffer, (b) SunOpta's current plans and operations may be disrupted, (c) SunOpta's ability to retain or recruit key employees may be adversely affected, (d) SunOpta's business relationships (including, customers and suppliers) may be adversely affected, or (e) SunOpta's management's or employees' attention may be diverted from other important matters; (3) the risk of any litigation relating to the Arrangement; (4) the risk of changes in governmental regulations or enforcement practices; and (5) the fact that operating costs and business disruption may be greater than expected following the public announcement or consummation of the Arrangement.

Additional factors that could cause results to differ materially from those described above can be found in the "Risk Factors" sections of SunOpta's most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q, and other documents filed with the Securities and Exchange Commission and the Canadian Securities Administrators, copies of which can be found under SunOpta's profile on SEDAR+ at www.sedarplus.ca and EDGAR at www.sec.gov.

All forward-looking statements speak only as of the date they are made and are based on information available at that time. SunOpta disclaims any obligation to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements were made or to reflect the occurrence of unanticipated events except as required by applicable securities laws. As forward-looking statements involve significant risks and uncertainties, caution should be exercised against placing undue reliance on such statements.

**SunOpta Contacts:** 

Investor Relations:

Reed Anderson

ICR

646-277-1260

<u>reed.anderson@icrinc.com</u> 

Media Relations:

Claudine Galloway

SunOpta

952-295-9579

<u>press.inquiries@sunopta.com</u> 

Source: SunOpta Inc.