secwatch.observer — SEC 8-K summary
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Issuer:     TILT Holdings Inc. (—)
CIK:        0001761510
Form:       8-K/A
Filed at:   2025-11-10T23:59:59+00:00
Accession:  0001104659-25-108692
Event type: other_material
Sentiment:  negative
Materiality: 1.00
Item codes: 1.03, 9.01, 1.01, 2.03, 3.02, 8.01
LLM model:  deepseek-v4-flash:cloud@v2

TILT Holdings files for CCAA creditor protection, plans to go private by equity cancellation for noteholders
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- Entered CCAA creditor protection in British Columbia; stay of proceedings granted; PwC appointed monitor.
- Issued up to $2M in senior secured bridge notes (10% interest, maturity June 2026) from existing noteholders.
- Plan to take company private by cancelling all equity and issuing new shares to noteholders; hearing for vote on Nov 17.
- Expects delisting from Cboe Canada and OTCID; will cease public reporting.
- Related parties: Mark Scatterday (21.99% owner, $990k notes), Robert Crompton (7.4%, $350k notes) involved.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1761510/000110465925108692/0001104659-25-108692-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1761510/000110465925108692/tilt-20251103x8ka.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-108692

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