secwatch.observer — SEC 8-K summary
======================================

Issuer:     Jushi Holdings Inc. (JUSHF)
CIK:        0001909747
Form:       8-K
Filed at:   2022-11-15T23:59:59+00:00
Accession:  0001171843-22-007482
Event type: debt
Sentiment:  neutral
Materiality: 0.65
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Jushi Holdings receives $68M in binding subscriptions for 12% second lien notes and warrants
--------------------------------------------------------------------------------

- Binding subscriptions of ~US$68M received for 12% second lien notes and four-year warrants at 50% coverage.
- Notes mature in four years, pay 12% interest quarterly, secured by second-priority liens on certain assets.
- Net proceeds to redeem existing 10% senior secured notes due January 2023 and for general corporate purposes.
- CEO-affiliated entity subscribed US$3.0M; significant stockholder Denis Arsenault subscribed US$13.4M.
- Closing expected late November or early December 2022, subject to conditions including credit facility approval.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1909747/000117184322007482/0001171843-22-007482-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1909747/000117184322007482/f8k_111522.htm
  HTML page:      https://secwatch.observer/filing/0001171843-22-007482

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