iAnthus settles Ninth Square lawsuit with 5M share issuance at C$0.01 each

iANTHUS CAPITAL HOLDINGS, INC.

Settlement with Ninth Square Capital Corporation resolves consolidated claims filed in Ontario Superior Court in 2019.
iAnthus will issue 5,000,000 common shares at a deemed price of C$0.01 per share.
No admission of wrongdoing; iAnthus and MPX ULC continue to dispute allegations.
Shares issued under Canadian prospectus exemption and Regulation S; restricted under U.S. Securities Act.

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