---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-227670"
form_type: "8-K"
ticker: null
cik: "0001783875"
company_name: "4Front Ventures Corp."
filed_at: "2023-09-01T23:59:59+00:00"
generated_at: "2026-06-11T00:39:55.756820+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# 4Front extends $42.5M loan maturity to 2026, cuts interest rate to 12%, issues warrants at $0.17

## Summary
- Loan maturity extended from May 2024 to May 1, 2026; interest rate reduced from 16.5% to 12% effective May 1, 2024.
- Lender receives warrants for 33% of $51.7M loan balance (reducible to 30%) exercisable at $0.17 per share.
- Company pays 1% origination fee ($517k) on May 1, 2024.
- Consent given for up to $5M equipment financing, $10M secured convertible debt, and $20M Illinois retail debt.
- Loan accelerates if CEO or President removed without cause or lender consent.

## SEC filing metadata
- accession: 0001193125-23-227670
- form_type: 8-K
- cik: 0001783875
- company_name: 4Front Ventures Corp.
- filed_at: 2023-09-01T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1783875/000119312523227670/0001193125-23-227670-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1783875/000119312523227670/d534283d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-227670
- JSON: https://secwatch.observer/filing/0001193125-23-227670.json
- Plain text: https://secwatch.observer/filing/0001193125-23-227670.txt

## Key facts
- Debt Financings
  4Front Ventures Corp. amended loan of US$42,500,000 with LI Lending, LLC at reduce the interest rate on the principal balance of the loan on May 1, 2024 thr maturing May 1, 2026.
  - Instrument: loan
  - Principal: US$42,500,000
  - Counterparty: LI Lending, LLC
  - Rate: reduce the interest rate on the principal balance of the loan on May 1, 2024 thr
  - Maturity: May 1, 2026
  - Event: amendment
  source text: a Delaware limited liability company (the “Lender”), the borrowers party thereto and the grantors party thereto. The current principal balance of the loan from the lender is US$42,500,000 (the “Loan”). Pursuant to the Amendment, the Lender has agreed to (i) an extension of the term of the Loan from May 10, 2024 to May 1, 2026 (the “New Maturity Date”), (ii) reduce
  evidence_url: https://www.sec.gov/Archives/edgar/data/1783875/000119312523227670/0001193125-23-227670-index.htm
- Material Agreements
  4Front Ventures Corp. amended First Amendment to Amended and Restated Loan and Security Agreement with LI Lending, LLC valued at US$42,500,000 (effective 2023-07-31).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: LI Lending, LLC
  - Value: US$42,500,000
  - Effective: 2023-07-31
  source text: On July 31, 2023, 4Front Ventures Corp. (the “Company”) entered into the First Amendment to Amended and Restated Loan and Security Agreement (the “Amendment”), dated July 31, 2023, by and among the Company, LI Lending, LLC, a Delaware limited liability company (the “Lender”), the borrowers party thereto and the grantors party thereto.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1783875/000119312523227670/0001193125-23-227670-index.htm

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