Where Food Comes From (WFCF) Registration filing summary

Company overview and business model

• Provides third-party verification of food production practices across North America, supporting over 17,500 clients including farmers, processors, retailers, and restaurants.

• Offers professional services and technology solutions for the food and agricultural industry, including a Source VerifiedⓇ labeling program connecting consumers to food origins.

• Business driven by increasing consumer, retailer, and regulatory demand for transparency, traceability, and verification in food production.

• Growth achieved through organic expansion and selective acquisitions, now covering hundreds of claims and food groups.

• Founded in 1996, incorporated in Colorado, and listed on NASDAQ under the symbol WFCF.

Financial performance and metrics

• Sales grew from $1.1 million in 2006 to $24.9 million in 2025, representing a 17.8% CAGR over 19 years.

• As of July 31, 2026, public float was approximately $32.1 million, with 2,276,456 shares held by non-affiliates.

• Aggregate market value of outstanding common stock held by non-affiliates as of June 30, 2026, was less than $700 million.

Use of proceeds and capital allocation

• Intended use of net proceeds from any securities sale will be detailed in the applicable prospectus supplement.

• Management retains broad discretion over allocation of proceeds.