secwatch.observer — SEC 8-K summary
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Issuer:     TerrAscend Corp. (TSNDF)
CIK:        0001778129
Form:       8-K
Filed at:   2022-03-14T23:59:59+00:00
Accession:  0001104659-22-033371
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.85
Item codes: 1.01, 2.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

TerrAscend completes acquisition of Gage Growth Corp. for ~$386M in stock
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- Total consideration valued at ~$386M based on CSE closing price on March 9, 2022; Gage shareholders received 51.35M TerrAscend shares.
- Exchange ratio implied $1.50 per Gage share as of March 9, 2022.
- Amendments allowed closing based on received regulatory approvals; Michigan ops via service agreements until full approvals.
- Executive Chairman Jason Wild received ~10.47M shares and 7.13M warrants valued at $52.3M; director Mavrinac received $0.2M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1778129/000110465922033371/0001104659-22-033371-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1778129/000110465922033371/tm228288d2_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-033371

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