-+ 0.00%
-+ 0.00%
-+ 0.00%

Ascend Wellness shareholders back reverse stock split plan for potential US exchange listing

PUBT·08/31/2026 12:04:30
Listen to the news
Ascend Wellness shareholders back reverse stock split plan for potential US exchange listing
  • Ascend Wellness Holdings shareholders backed a reverse stock split, positioning the company for a potential listing on a major U.S. exchange.
  • The board can set timing and ratio within a 1-for-10 to 1-for-50 range, or opt not to proceed.
  • Vote tallies: 112,305,378 shares for, 1,391,090 against, 6,371 abstained; 113,702,839 shares represented, or about 56%.
  • Board authority expires Aug. 28, 2027, or upon a national securities exchange listing, whichever comes first.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ascend Wellness Holdings Inc. published the original content used to generate this news brief via CNW (Ref. ID: 202608310800CANADANWCANADAPR_C6842) on August 31, 2026, and is solely responsible for the information contained therein.