secwatch.observer — SEC 8-K summary
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Issuer:     TerrAscend Corp. (TSNDF)
CIK:        0001778129
Form:       8-K
Filed at:   2026-08-06T20:15:47+00:00
Accession:  0001193125-26-338059
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

TerrAscend Q2 revenue $67.1M, adj. EBITDA $17.7M; appoints CEO Ziad Ghanem to board
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- Net revenue $67.1M, up 2.4% QoQ and 3.3% YoY; gross margin 54.0% (up 120bps QoQ, 290bps YoY).
- GAAP net loss from continuing ops $10.1M; Adjusted EBITDA $17.7M (26.3% of revenue), up 11% YoY.
- Generated $7.4M operating cash flow and $5.7M free cash flow; 16th consecutive quarter positive operating cash flow.
- Completed oversubscribed $21.8M convertible debt financing, extended maturity to 2031, lower rate; paid down $10M term loan.
- Appointed CEO Ziad Ghanem to Board of Directors; also appointed Eric Jackson as CFO during Q2.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1778129/000119312526338059/0001193125-26-338059-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1778129/000119312526338059/tsndf-20260805.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-338059

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