---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-006905"
form_type: "8-K"
ticker: "PLNH"
cik: "0001813452"
company_name: "Planet 13 Holdings Inc."
filed_at: "2024-03-07T23:59:59+00:00"
generated_at: "2026-06-05T01:49:01.806113+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Planet 13 closes $11.3M public offering of 18.75M units at $0.60/unit, each with a warrant at $0.77

## Summary
- Gross proceeds ~$11.3M; net proceeds ~$9.825M after underwriting discounts and expenses.
- Each unit consists of one common share and one 5-year warrant exercisable at $0.77 per share.
- Underwriters granted 30-day option for up to 2,812,500 additional shares/warrants (15% over-allotment).
- Proceeds for working capital, potential Nevada cannabis license acquisitions, Florida and Illinois expansion.
- Directors/officers subject to 90-day lock-up; company banned from variable rate transactions for 6 months.

## SEC filing metadata
- accession: 0001437749-24-006905
- form_type: 8-K
- ticker: PLNH
- cik: 0001813452
- company_name: Planet 13 Holdings Inc.
- filed_at: 2024-03-07T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1813452/000143774924006905/0001437749-24-006905-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1813452/000143774924006905/plnh20240306_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-006905
- JSON: https://secwatch.observer/filing/0001437749-24-006905.json
- Plain text: https://secwatch.observer/filing/0001437749-24-006905.txt

## Key facts
- Material Agreements
  Planet 13 Holdings Inc. entered into Underwriting Agreement with unknown valued at Underwriting Agreement for the offering of shares and warrants (effective 2024-03-07).
  - Action: entry
  - Agreement: underwriting
  - Value: Underwriting Agreement for the offering of shares and warrants
  - Effective: 2024-03-07
  source text: A copy of the Underwriting Agreement is filed as Exhibit 1.1 hereto and is incorporated into this Item 1.01 by reference.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1813452/000143774924006905/0001437749-24-006905-index.htm
- Material Agreements
  Planet 13 Holdings Inc. entered into Warrant Agreement with Odyssey Transfer US Inc. valued at Warrant agreement governing terms of warrants sold in the offering (effective 2024-03-07).
  - Action: entry
  - Counterparty: Odyssey Transfer US Inc.
  - Value: Warrant agreement governing terms of warrants sold in the offering
  - Effective: 2024-03-07
  source text: On March 7, 2024, the Company entered into a warrant agency agreement with the Company’s transfer agent, Odyssey Transfer US Inc. (“Odyssey”), which will also act as the warrant agent for the Company, setting forth the terms and conditions of the Warrants sold in the Offering (the “Warrant Agreement”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1813452/000143774924006905/0001437749-24-006905-index.htm

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