secwatch.observer — SEC 8-K summary
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Issuer:     Jushi Holdings Inc. (JUSHF)
CIK:        0001909747
Form:       8-K
Filed at:   2022-12-08T23:59:59+00:00
Accession:  0001171843-22-007903
Event type: debt
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 1.02, 2.03, 3.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Jushi closes $69M 12% second-lien notes, repurchases all existing 10% notes due 2023
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- Closed $69M aggregate principal of 12% second lien notes due 2026; issued warrants to purchase 16M shares at $2.086.
- Used proceeds plus $9M cash to repurchase and redeem all outstanding 10% senior secured notes due January 2023.
- Amended $100M credit facility with SunStream: now $65M first-lien term loan at 11% interest, matures Dec 2024; removed leverage ratio, added minimum revenue covenant.
- Issued 2M warrants to SunStream at $2.086 as part of amendment.
- Additional $5M in subscriptions expected to close at a later date.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1909747/000117184322007903/0001171843-22-007903-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1909747/000117184322007903/f8k_120822.htm
  HTML page:      https://secwatch.observer/filing/0001171843-22-007903

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