secwatch.observer — SEC 8-K summary
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Issuer:     iANTHUS CAPITAL HOLDINGS, INC. (ITHUF)
CIK:        0001643154
Form:       8-K
Filed at:   2024-12-04T23:59:59+00:00
Accession:  0000950170-24-133287
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1643154/000095017024133287/0000950170-24-133287-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1643154/000095017024133287/ithuf-20241203.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-133287

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer