{"schema_version":"secwatch.filing_event.v1","accession":"0001140361-26-020027","form_type":"8-K","ticker":null,"cik":"0001776738","company_name":"Cannabist Co Holdings Inc.","filed_at":"2026-05-08T23:59:59+00:00","discovered_at":"2026-05-14T18:02:32.887782+00:00","generated_at":"2026-05-14T21:09:05.616974+00:00","sec_items":["2.01","8.01"],"event_type":"other_material","sentiment":"negative","materiality_score":1.0,"calibrated_materiality_score":1.0,"confidence":"high","headline":"Cannabist completes $16.5M Delaware asset sale; enters CCAA, halts SEC reporting","bullets":["Sold substantially all Delaware assets for $16.5M ($14.025M closing cash plus $2.475M escrow).","Company and subsidiary commenced CCAA proceedings in Ontario on March 24, 2026; provisional Chapter 15 relief in US.","Canadian Court authorized ceasing securities filings effective April 2, 2026.","Audit committee determined company cannot continue periodic reports; will not file FY2025 10-K or future 10-Qs.","Final recognition hearing in US Bankruptcy Court scheduled for May 12, 2026."],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-26-020027","json":"https://secwatch.observer/filing/0001140361-26-020027.json","markdown":"https://secwatch.observer/filing/0001140361-26-020027.md","text":"https://secwatch.observer/filing/0001140361-26-020027.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1776738/000114036126020027/0001140361-26-020027-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1776738/000114036126020027/ef20072660_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-14T21:09:05.616974+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"91dd749be9b3dd5d2eb4a2856f2b6657ba9497a5","claim":"Cannabist Co Holdings Inc. completed a disposition involving Arboretum DE PermitCo LLC for $16.5 million, consisting of $14.025 million (subject to customary working capital adjustments) payable at the Closing and the remaining $2.475 million (the “Of (closed 2026-05-07).","evidence_excerpt":"On May 7, 2026, the Cannabist Company Holdings Inc. (the “Company” or “Cannabist”) and Columbia Care Delaware, LLC, a subsidiary of the Company (“Columbia Care Delaware”), completed the previously announced sale (the “Delaware Asset Purchase Agreement”) of substantially all of its assets related to its business operating in Delaware. At the closing of the transactions contemplated by the Delaware Asset Purchase Agreement (the “Closing”), Arboretum DE PermitCo LLC, a Delaware limited liability company (“Buyer”), as successor by assignment to Parma Holdco LLC, a Nevada limited liability company, purchased such assets for a total consideration of $16.5 million, consisting of $14.025 million (subject to customary working capital adjustments) payable at the Closing and the remaining $2.475 million (the “Offset Escrow Amount”) to be escrowed at Closing and to be released to the Company on the date that is twelve months following Closing;","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1776738/000114036126020027/0001140361-26-020027-index.htm","confidence":0.95}],"comparable_filings":[{"accession":"0001193125-26-161805","ticker":"ARXS","company_name":"Arxis, Inc.","filed_at":"2026-04-17T23:59:59+00:00","headline":"Arxis completes IPO of 46.6M shares at $28, raises $1.22B, repays $746M debt","event_type":"other_material","sec_items":["1.01","2.01","3.02","3.03","5.03","9.01"],"materiality_score":0.9,"calibrated_materiality_score":0.9,"match_reasons":["same fact type: ma_transaction","same SEC item: 2.01","same event type: other_material","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-161805","json":"https://secwatch.observer/filing/0001193125-26-161805.json","markdown":"https://secwatch.observer/filing/0001193125-26-161805.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/2093536/000119312526161805/0001193125-26-161805-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/2093536/000119312526161805/d15141d8k.htm"},"side_by_side_evidence":{"fact_type":"ma_transaction","source_excerpt":"On May 7, 2026, the Cannabist Company Holdings Inc. (the “Company” or “Cannabist”) and Columbia Care Delaware, LLC, a subsidiary of the Company (“Columbia Care Delaware”), completed the previously announced sale (the “Delaware Asset Purchase Agreement”) of substantially all of its assets related to its business operating in Delaware. At the closing of the transactions contemplated by the Delaware Asset Purchase Agreement (the “Closing”), Arboretum DE PermitCo LLC, a Delaware limited liability company (“Buyer”), as successor by assignment to Parma Holdco LLC, a Nevada limited liability company, purchased such assets for a total consideration of $16.5 million, consisting of $14.025 million (subject to customary working capital adjustments) payable at the Closing and the remaining $2.475 million (the “Offset Escrow Amount”) to be escrowed at Closing and to be released to the Company on the date that is twelve months following Closing;","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1776738/000114036126020027/0001140361-26-020027-index.htm","comparable_excerpt":"Immediately prior to the completion of the IPO, the Company effected a reorganization (the “Reorganization”), pursuant to the Reorganization Agreement, dated April 16, 2026 (the “Reorganization Agreement”), whereby the Company’s wholly owned merger subsidiaries merged with and into Arcline Engineered Polymer Topco L.P. (“IPS”), Hawkeye TopCo L.P. (“Quantic”), Connector TopCo, L.P. (“Connector”) and Ovation TopCo, L.P. (“Ovation” and, together with IPS, Quantic and Connector, the “Arxis Businesses”), with the Arxis Businesses surviving as wholly owned subsidiaries of the Company.","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/2093536/000119312526161805/0001193125-26-161805-index.htm"}},{"accession":"0001493152-26-017470","ticker":null,"company_name":"MARIZYME, INC.","filed_at":"2026-04-17T23:59:59+00:00","headline":"Marizyme transfers all assets via assignment for benefit of creditors; files under Florida Chapter 727","event_type":"other_material","sec_items":["1.01","1.03","2.01","9.01"],"materiality_score":1.0,"calibrated_materiality_score":1.0,"match_reasons":["same fact type: ma_transaction","same SEC item: 2.01","same event type: other_material","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-26-017470","json":"https://secwatch.observer/filing/0001493152-26-017470.json","markdown":"https://secwatch.observer/filing/0001493152-26-017470.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1413754/000149315226017470/0001493152-26-017470-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1413754/000149315226017470/form8-k.htm"},"side_by_side_evidence":{"fact_type":"ma_transaction","source_excerpt":"On May 7, 2026, the Cannabist Company Holdings Inc. (the “Company” or “Cannabist”) and Columbia Care Delaware, LLC, a subsidiary of the Company (“Columbia Care Delaware”), completed the previously announced sale (the “Delaware Asset Purchase Agreement”) of substantially all of its assets related to its business operating in Delaware. At the closing of the transactions contemplated by the Delaware Asset Purchase Agreement (the “Closing”), Arboretum DE PermitCo LLC, a Delaware limited liability company (“Buyer”), as successor by assignment to Parma Holdco LLC, a Nevada limited liability company, purchased such assets for a total consideration of $16.5 million, consisting of $14.025 million (subject to customary working capital adjustments) payable at the Closing and the remaining $2.475 million (the “Offset Escrow Amount”) to be escrowed at Closing and to be released to the Company on the date that is twelve months following Closing;","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1776738/000114036126020027/0001140361-26-020027-index.htm","comparable_excerpt":"The Company entered into the Assignment Agreement on April 14, 2026.","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1413754/000149315226017470/0001493152-26-017470-index.htm"}},{"accession":"0001104659-26-054975","ticker":null,"company_name":"Fundrise eREIT, LLC","filed_at":"2026-05-04T23:59:59+00:00","headline":"Fundrise eREIT completes merger of seven affiliated REITs; declares May daily distribution","event_type":"other_material","sec_items":["1.01","2.01","5.03","8.01","9.01"],"materiality_score":0.55,"calibrated_materiality_score":0.55,"match_reasons":["same fact type: ma_transaction","same SEC item: 2.01, 8.01","same event type: other_material"],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-054975","json":"https://secwatch.observer/filing/0001104659-26-054975.json","markdown":"https://secwatch.observer/filing/0001104659-26-054975.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/2093809/000110465926054975/0001104659-26-054975-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/2093809/000110465926054975/tm2613192d1_8k.htm"},"side_by_side_evidence":{"fact_type":"ma_transaction","source_excerpt":"On May 7, 2026, the Cannabist Company Holdings Inc. (the “Company” or “Cannabist”) and Columbia Care Delaware, LLC, a subsidiary of the Company (“Columbia Care Delaware”), completed the previously announced sale (the “Delaware Asset Purchase Agreement”) of substantially all of its assets related to its business operating in Delaware. At the closing of the transactions contemplated by the Delaware Asset Purchase Agreement (the “Closing”), Arboretum DE PermitCo LLC, a Delaware limited liability company (“Buyer”), as successor by assignment to Parma Holdco LLC, a Nevada limited liability company, purchased such assets for a total consideration of $16.5 million, consisting of $14.025 million (subject to customary working capital adjustments) payable at the Closing and the remaining $2.475 million (the “Offset Escrow Amount”) to be escrowed at Closing and to be released to the Company on the date that is twelve months following Closing;","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1776738/000114036126020027/0001140361-26-020027-index.htm","comparable_excerpt":"At 11:59 p.m. Eastern time on April 29, 2026 (the \"Effective Time\"), which was the same for all of the Mergers, for each respective Fundrise Merger Entity, (1) such Fundrise Merger Entity merged into Fundrise eREIT, with Fundrise eREIT as the surviving entity of the Merger","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/2093809/000110465926054975/0001104659-26-054975-index.htm"}},{"accession":"0001193125-26-164328","ticker":"TRAX","company_name":"First Tracks Biotherapeutics, Inc.","filed_at":"2026-04-20T23:59:59+00:00","headline":"First Tracks Biotherapeutics completes spin-off from AnaptysBio and raises ~$80M in private placement","event_type":"other_material","sec_items":["1.01","2.01","3.02","3.03","5.03","5.01","5.02","8.01","9.01"],"materiality_score":0.8,"calibrated_materiality_score":0.8,"match_reasons":["same fact type: ma_transaction","same SEC item: 2.01, 8.01","same event type: other_material"],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-164328","json":"https://secwatch.observer/filing/0001193125-26-164328.json","markdown":"https://secwatch.observer/filing/0001193125-26-164328.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/2091349/000119312526164328/0001193125-26-164328-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/2091349/000119312526164328/d78703d8k.htm"},"side_by_side_evidence":{"fact_type":"ma_transaction","source_excerpt":"On May 7, 2026, the Cannabist Company Holdings Inc. (the “Company” or “Cannabist”) and Columbia Care Delaware, LLC, a subsidiary of the Company (“Columbia Care Delaware”), completed the previously announced sale (the “Delaware Asset Purchase Agreement”) of substantially all of its assets related to its business operating in Delaware. At the closing of the transactions contemplated by the Delaware Asset Purchase Agreement (the “Closing”), Arboretum DE PermitCo LLC, a Delaware limited liability company (“Buyer”), as successor by assignment to Parma Holdco LLC, a Nevada limited liability company, purchased such assets for a total consideration of $16.5 million, consisting of $14.025 million (subject to customary working capital adjustments) payable at the Closing and the remaining $2.475 million (the “Offset Escrow Amount”) to be escrowed at Closing and to be released to the Company on the date that is twelve months following Closing;","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1776738/000114036126020027/0001140361-26-020027-index.htm","comparable_excerpt":"On the Distribution Date, AnaptysBio completed the Spin-Off.","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/2091349/000119312526164328/0001193125-26-164328-index.htm"}},{"accession":"0001193125-26-149823","ticker":"OVV","company_name":"Ovintiv Inc.","filed_at":"2026-04-09T23:59:59+00:00","headline":"Ovintiv closes $2.9B Anadarko sale, repays C$1.57B credit facility, redeems $700M notes","event_type":"other_material","sec_items":["1.02","2.01","7.01","8.01","9.01"],"materiality_score":0.85,"calibrated_materiality_score":0.85,"match_reasons":["same fact type: ma_transaction","same SEC item: 2.01, 8.01","same event type: other_material"],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-149823","json":"https://secwatch.observer/filing/0001193125-26-149823.json","markdown":"https://secwatch.observer/filing/0001193125-26-149823.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1792580/000119312526149823/0001193125-26-149823-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1792580/000119312526149823/d928179d8k.htm"},"side_by_side_evidence":{"fact_type":"ma_transaction","source_excerpt":"On May 7, 2026, the Cannabist Company Holdings Inc. (the “Company” or “Cannabist”) and Columbia Care Delaware, LLC, a subsidiary of the Company (“Columbia Care Delaware”), completed the previously announced sale (the “Delaware Asset Purchase Agreement”) of substantially all of its assets related to its business operating in Delaware. At the closing of the transactions contemplated by the Delaware Asset Purchase Agreement (the “Closing”), Arboretum DE PermitCo LLC, a Delaware limited liability company (“Buyer”), as successor by assignment to Parma Holdco LLC, a Nevada limited liability company, purchased such assets for a total consideration of $16.5 million, consisting of $14.025 million (subject to customary working capital adjustments) payable at the Closing and the remaining $2.475 million (the “Offset Escrow Amount”) to be escrowed at Closing and to be released to the Company on the date that is twelve months following Closing;","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1776738/000114036126020027/0001140361-26-020027-index.htm","comparable_excerpt":"360,000 net acres located in west-central Oklahoma (the “Anadarko Sale”). On April 9, 2026, Ovintiv completed the Anadarko Sale. The Buyer paid aggregate consideration of $2.9 billion in cash after preliminary closing adjustments. The Anadarko Sale has an effective date of January 1, 2026. \n\n--- EX-99.1 (EX-99.1) ---\n\nEX-99.1 Exhibit 99.1 news release Ovintiv","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1792580/000119312526149823/0001193125-26-149823-index.htm"}},{"accession":"0001104659-26-057200","ticker":"CUK","company_name":"CARNIVAL PLC","filed_at":"2026-05-07T23:59:59+00:00","headline":"Carnival completes DLC unification and redomiciliation to Bermuda; Carnival plc now a subsidiary","event_type":"other_material","sec_items":["1.02","2.01","3.01","3.02","3.03","5.01","5.03","7.01","9.01"],"materiality_score":0.7,"calibrated_materiality_score":0.7,"match_reasons":["same fact type: ma_transaction","same SEC item: 2.01","same event type: other_material"],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-057200","json":"https://secwatch.observer/filing/0001104659-26-057200.json","markdown":"https://secwatch.observer/filing/0001104659-26-057200.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1125259/000110465926057200/0001104659-26-057200-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/815097/000110465926057200/tm2613680d1_8k.htm"},"side_by_side_evidence":{"fact_type":"ma_transaction","source_excerpt":"On May 7, 2026, the Cannabist Company Holdings Inc. (the “Company” or “Cannabist”) and Columbia Care Delaware, LLC, a subsidiary of the Company (“Columbia Care Delaware”), completed the previously announced sale (the “Delaware Asset Purchase Agreement”) of substantially all of its assets related to its business operating in Delaware. At the closing of the transactions contemplated by the Delaware Asset Purchase Agreement (the “Closing”), Arboretum DE PermitCo LLC, a Delaware limited liability company (“Buyer”), as successor by assignment to Parma Holdco LLC, a Nevada limited liability company, purchased such assets for a total consideration of $16.5 million, consisting of $14.025 million (subject to customary working capital adjustments) payable at the Closing and the remaining $2.475 million (the “Offset Escrow Amount”) to be escrowed at Closing and to be released to the Company on the date that is twelve months following Closing;","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1776738/000114036126020027/0001140361-26-020027-index.htm","comparable_excerpt":"On May 7, 2026, Carnival Corporation and Carnival plc completed the unification of their dual listed company structure under a single company, Carnival Corporation Ltd., with Carnival plc as a UK subsidiary of Carnival Corporation Ltd.","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1125259/000110465926057200/0001104659-26-057200-index.htm"}},{"accession":"0000893538-26-000055","ticker":"SM","company_name":"SM Energy Co","filed_at":"2026-04-30T23:59:59+00:00","headline":"SM Energy closes $950M South Texas asset sale; redeems $819M in 2026 notes","event_type":"other_material","sec_items":["2.01","7.01","9.01"],"materiality_score":0.75,"calibrated_materiality_score":0.75,"match_reasons":["same fact type: ma_transaction","same SEC item: 2.01","same event type: other_material"],"urls":{"canonical":"https://secwatch.observer/filing/0000893538-26-000055","json":"https://secwatch.observer/filing/0000893538-26-000055.json","markdown":"https://secwatch.observer/filing/0000893538-26-000055.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/893538/000089353826000055/0000893538-26-000055-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/893538/000089353826000055/sm-20260430.htm"},"side_by_side_evidence":{"fact_type":"ma_transaction","source_excerpt":"On May 7, 2026, the Cannabist Company Holdings Inc. (the “Company” or “Cannabist”) and Columbia Care Delaware, LLC, a subsidiary of the Company (“Columbia Care Delaware”), completed the previously announced sale (the “Delaware Asset Purchase Agreement”) of substantially all of its assets related to its business operating in Delaware. At the closing of the transactions contemplated by the Delaware Asset Purchase Agreement (the “Closing”), Arboretum DE PermitCo LLC, a Delaware limited liability company (“Buyer”), as successor by assignment to Parma Holdco LLC, a Nevada limited liability company, purchased such assets for a total consideration of $16.5 million, consisting of $14.025 million (subject to customary working capital adjustments) payable at the Closing and the remaining $2.475 million (the “Offset Escrow Amount”) to be escrowed at Closing and to be released to the Company on the date that is twelve months following Closing;","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1776738/000114036126020027/0001140361-26-020027-index.htm","comparable_excerpt":"is included as Exhibit 10.1 to this Current Report on Form 8-K and is incorporated herein by reference. \n\n--- EX-99.1 (EX-99.1) ---\n\nNews Release EXHIBIT 99.1 SM ENERGY CLOSES $950 MILLION SOUTH TEXAS DIVESTITURE; ANNOUNCES REDEMPTION OF ALL OUTSTANDING 2026 SENIOR NOTES Demonstrates strong momentum toward $1.0 billion-plus asset sale target and advances 2026","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/893538/000089353826000055/0000893538-26-000055-index.htm"}},{"accession":"0001683168-26-003231","ticker":"FCUV","company_name":"FOCUS UNIVERSAL INC.","filed_at":"2026-04-27T23:59:59+00:00","headline":"Focus Universal acquires Class A office building in Monterey Park for $17.7M","event_type":"other_material","sec_items":["1.01","2.01","2.03","9.01"],"materiality_score":0.75,"calibrated_materiality_score":0.75,"match_reasons":["same fact type: ma_transaction","same SEC item: 2.01","same event type: other_material"],"urls":{"canonical":"https://secwatch.observer/filing/0001683168-26-003231","json":"https://secwatch.observer/filing/0001683168-26-003231.json","markdown":"https://secwatch.observer/filing/0001683168-26-003231.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1590418/000168316826003231/0001683168-26-003231-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1590418/000168316826003231/focus_8k.htm"},"side_by_side_evidence":{"fact_type":"ma_transaction","source_excerpt":"On May 7, 2026, the Cannabist Company Holdings Inc. (the “Company” or “Cannabist”) and Columbia Care Delaware, LLC, a subsidiary of the Company (“Columbia Care Delaware”), completed the previously announced sale (the “Delaware Asset Purchase Agreement”) of substantially all of its assets related to its business operating in Delaware. At the closing of the transactions contemplated by the Delaware Asset Purchase Agreement (the “Closing”), Arboretum DE PermitCo LLC, a Delaware limited liability company (“Buyer”), as successor by assignment to Parma Holdco LLC, a Nevada limited liability company, purchased such assets for a total consideration of $16.5 million, consisting of $14.025 million (subject to customary working capital adjustments) payable at the Closing and the remaining $2.475 million (the “Offset Escrow Amount”) to be escrowed at Closing and to be released to the Company on the date that is twelve months following Closing;","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1776738/000114036126020027/0001140361-26-020027-index.htm","comparable_excerpt":"”). The\nSeller does not have a material relationship with the Company, and the acquisition was not an affiliated transaction. The aggregate purchase price of the Property was\n$17,700,000, exclusive of closing costs (the “ Purchase Price ”). The Company made an initial down payment of $525,000\non January 26, 2026. On April 17, 2026, the Company funded the Purchase","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1590418/000168316826003231/0001683168-26-003231-index.htm"}}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}