---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-25-000886"
form_type: "8-K"
ticker: "JUSHF"
cik: "0001909747"
company_name: "Jushi Holdings Inc."
filed_at: "2025-02-18T23:59:59+00:00"
generated_at: "2026-05-26T17:37:45.785230+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Jushi raises $9.7M via ERC factoring and Second Lien Notes offering

## Summary
- Sold ~$6.0M ERC refund claims for net proceeds of $5.1M; $3.0M more ERC claims remain with IRS.
- Issues $5.1M aggregate principal of 12% Second Lien Notes due 2026 at 10% OID, net proceeds ~$4.6M.
- Issues warrants for up to 8.6M shares, 5-year term, exercise price $0.45-$0.50 (50% VWAP premium).
- Insider participation: CEO Cacioppo entity buys $3.7M Notes (6.2M warrants); founder Arsenault buys C$2M Notes (2.4M warrants).
- Proceeds for general corporate purposes, working capital, capex, and potential acquisitions.

## SEC filing metadata
- accession: 0001171843-25-000886
- form_type: 8-K
- ticker: JUSHF
- cik: 0001909747
- company_name: Jushi Holdings Inc.
- filed_at: 2025-02-18T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 3.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1909747/000117184325000886/0001171843-25-000886-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1909747/000117184325000886/f8k_021725.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-25-000886
- JSON: https://secwatch.observer/filing/0001171843-25-000886.json
- Plain text: https://secwatch.observer/filing/0001171843-25-000886.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.