---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-075475"
form_type: "8-K"
ticker: "DRTTF"
cik: "0001340476"
company_name: "DIRTT ENVIRONMENTAL SOLUTIONS LTD"
filed_at: "2024-03-25T23:59:59+00:00"
generated_at: "2026-06-04T08:22:39.667306+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# DIRTT adopts poison pill and signs standstill pact with top shareholder 22NW Fund

## Summary
- Board adopted shareholder rights plan (poison pill) triggered at 20% ownership; one director dissented.
- Entered support agreement with largest shareholder 22NW Fund; includes voting and standstill obligations through 2025.
- 22NW agreed to vote for Board's director nominees and to ratify the rights plan at upcoming special meeting.
- DIRTT will nominate a director designated by 22NW (Aron English) at 2024 and 2025 annual meetings.
- Rights plan subject to shareholder ratification within six months; special meeting expected Q3 2024.

## SEC filing metadata
- accession: 0001193125-24-075475
- form_type: 8-K
- ticker: DRTTF
- cik: 0001340476
- company_name: DIRTT ENVIRONMENTAL SOLUTIONS LTD
- filed_at: 2024-03-25T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 3.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1340476/000119312524075475/0001193125-24-075475-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1340476/000119312524075475/d223889d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-075475
- JSON: https://secwatch.observer/filing/0001193125-24-075475.json
- Plain text: https://secwatch.observer/filing/0001193125-24-075475.txt

## Key facts
- Material Agreements
  DIRTT ENVIRONMENTAL SOLUTIONS LTD entered into Support and Standstill Agreement with 22NW Fund, LP valued at Aron English to be nominated as director; 22NW agrees to vote in favor of Board recommendations and (effective 2024-03-22).
  - Action: entry
  - Counterparty: 22NW Fund, LP
  - Value: Aron English to be nominated as director; 22NW agrees to vote in favor of Board recommendations and
  - Effective: 2024-03-22
  source text: On March 22, 2024, the Board approved (with one Board member dissenting), and the Company entered into, the Definitive Agreement.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1340476/000119312524075475/0001193125-24-075475-index.htm

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