iAnthus faces shareholder petition to set aside recap and replace board; company seeks dismissal

iANTHUS CAPITAL HOLDINGS, INC.

Michael Weisser filed application Nov 14, 2022 in BC Supreme Court to add secured and unsecured debenture holders as respondents.
Application seeks to set aside the October 2020 recapitalization transaction and results of the 2020 AGM.
Weisser requests interim relief: existing directors replaced by his nominated slate pending a further AGM.
Company says it will seek dismissal as a collateral attack on the Oct 5, 2020 court order approving the recap.

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