secwatch.observer — SEC 8-K summary
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Issuer:     Cannabist Co Holdings Inc. (—)
CIK:        0001776738
Form:       8-K
Filed at:   2026-02-03T23:59:59+00:00
Accession:  0001140361-26-003520
Event type: debt
Sentiment:  negative
Materiality: 0.80
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cannabist Company enters forbearance with noteholders after missing Dec 31 interest payment on senior notes
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- Missed interest payments due Dec 31, 2025 on 9.25% and 9.00% Senior Secured Notes due 2028; 30-day grace period expired.
- Forbearance agreement with noteholders holding >75% of outstanding notes prevents acceleration of debt until Feb 17, 2026.
- Company continues evaluating strategic alternatives, including additional asset sales or restructuring, after Virginia asset sale announcement.
- Under forbearance, company must pay noteholder legal/advisory fees by Feb 13 and provide financial schedules by Feb 6.
- Event of default could trigger acceleration if forbearance not extended or conditions breached; liquidity risks remain.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1776738/000114036126003520/0001140361-26-003520-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1776738/000114036126003520/ef20064715_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-26-003520

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