other material
confidence high
sentiment neutral
materiality 0.60
Jushi proposes redomicile from British Columbia to Nevada, seeking shareholder vote
Jushi Holdings Inc.
- Plan to continue from British Columbia, Canada to State of Nevada, USA, subject to 66 2/3% shareholder approval.
- Each outstanding subordinate voting share to convert into one share of Nevada common stock on same terms.
- Options and warrants automatically adjusted to purchase Nevada common stock on identical terms as before.
- No material change in business or operations expected; Nevada common stock to trade on CSE and OTCQX under same symbols.
- Meeting to approve arrangement; Board retains discretion to delay or cancel if not in best interests.