secwatch.observer — SEC 8-K summary
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Issuer:     TerrAscend Corp. (TSNDF)
CIK:        0001778129
Form:       8-K/A
Filed at:   2022-05-25T23:59:59+00:00
Accession:  0000950170-22-010588
Event type: m_and_a
Sentiment:  negative
Materiality: 0.70
Item codes: 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1778129/000095017022010588/0000950170-22-010588-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1778129/000095017022010588/trssf-20220308.htm
  HTML page:      https://secwatch.observer/filing/0000950170-22-010588

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