---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-22-010588"
form_type: "8-K/A"
ticker: "TSNDF"
cik: "0001778129"
company_name: "TerrAscend Corp."
filed_at: "2022-05-25T23:59:59+00:00"
generated_at: "2026-06-25T07:16:48.062830+00:00"
event_type: "m_and_a"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Gage Growth reports $91.5M revenue and $44.3M net loss for FY2021; audited financials filed

## Summary
- Revenue of $91.5M, gross profit $29.4M (32.1% margin).
- Net loss $44.3M; operating loss $35.3M; cash and equivalents $42.9M.
- Total liabilities $141.6M vs shareholders' equity $14.5M.
- Gage was acquired by TerrAscend on March 8, 2022; consideration included 51.3M TerrAscend shares.
- Gage's net loss attributable to subordinate shareholders $18.6M; non-controlling interest loss $25.7M.

## SEC filing metadata
- accession: 0000950170-22-010588
- form_type: 8-K/A
- ticker: TSNDF
- cik: 0001778129
- company_name: TerrAscend Corp.
- filed_at: 2022-05-25T23:59:59+00:00
- event_type: m_and_a
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1778129/000095017022010588/0000950170-22-010588-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1778129/000095017022010588/trssf-20220308.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-22-010588
- JSON: https://secwatch.observer/filing/0000950170-22-010588.json
- Plain text: https://secwatch.observer/filing/0000950170-22-010588.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.