{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-014495","form_type":"8-K","ticker":"TSNDF","cik":"0001778129","company_name":"TerrAscend Corp.","filed_at":"2023-04-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:40.515993+00:00","generated_at":"2026-06-16T16:36:30.885111+00:00","sec_items":["1.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"TerrAscend subsidiary to issue $1M equity to TerInvest; needs shareholder vote for TSX listing","bullets":["Subsidiary TerrAscend Growth will issue Class A shares to TerInvest LLC for $1M; Corporation will hold ~99.8% non-voting shares.","Shareholder meeting on June 22, 2023 to approve transaction by 66.67% vote; failure kills investment and TSX listing.","Protection Agreement includes negative covenants, annual budget approval, and information rights for the Corporation.","Investor can appoint one director; repurchase options after 5 years with cash or Corp shares payment."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-014495","json":"https://secwatch.observer/filing/0000950170-23-014495.json","markdown":"https://secwatch.observer/filing/0000950170-23-014495.md","text":"https://secwatch.observer/filing/0000950170-23-014495.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1778129/000095017023014495/0000950170-23-014495-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1778129/000095017023014495/trssf-20230420.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T16:36:30.885111+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"c1b8577b413bca8079228d6ca0ac644317e9231d","claim":"TerrAscend Corp. entered into Subscription Agreement with TerInvest LLC valued at US$1,000,000 (effective 2023-04-20).","evidence_excerpt":"On April 20, 2023, TerrAscend Growth Corp., formerly Gage Growth Corp. (“ TerrAscend Growth ”), a wholly owned subsidiary of TerrAscend Corp. (the “ Corporation ”), entered into a subscription agreement (the “ Subscription Agreement ”) with TerInvest LLC (the “ Investor ”) pursuant to which TerrAscend Growth has agreed, subject to the terms and conditions contained therein, to issue TerrAscend Growth class A shares (the “ TerrAscend Growth Common Shares ”) to the Investor in exchange for US$1,000,000 (the “ Investment ”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1778129/000095017023014495/0000950170-23-014495-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"TerInvest LLC"},{"label":"Value","value":"US$1,000,000"},{"label":"Effective","value":"2023-04-20"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}