Material Agreement (Form 8-K)

Item 1.01 Entry into a Material Definitive Agreement.

As previously disclosed in the Current Reports on Form 8-K filed with the Securities and Exchange Commission on August 1, 2025 and September 16, 2025, Innovative Food Holdings, Inc., a Florida corporation (the "Company"), through its subsidiary, Innovative Food Properties LLC, a Delaware limited liability company ("Innovative Properties"), entered into an Agreement of Purchase and Sale, dated as of July 28, 2025 and amended on September 11, 2025 (the "Purchase Agreement"), with Mountaintop Holdings, LLC, a New York limited liability company ("Mountaintop Holdings," together with Innovative Properties, the "Parties"). Pursuant to the Purchase Agreement, Innovative Properties agreed to sell certain real property with improvements and certain personal property, contracts and intangibles of Innovative Properties to Mountaintop Holdings for a total purchase price of $9,825,000, payable in three tranches.

On September 29, 2025, the Parties entered into Second Amendment to Agreement of Purchase and Sale (the "Second Amendment") to extend the inspection period, which expires on September 29, 2025, under the Purchase Agreement, to expire on October 6, 2025, in exchange for an additional earnest money deposit in the amount of $50,000 to be made by Mountaintop Holdings.

The foregoing description of the Second Amendment does not purport to be complete and is qualified in its entirety by reference to the full text of the Second Amendment, which is filed as Exhibit 10.1 to this Current Report on Form 8-K and incorporated herein by reference.