---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-26-024458"
form_type: "8-K"
ticker: "PLNH"
cik: "0001813452"
company_name: "Planet 13 Holdings Inc."
filed_at: "2026-07-27T11:45:10+00:00"
generated_at: "2026-07-27T11:50:10.316390+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Vireo Growth to acquire Planet 13 in all-stock deal; 16.6% premium over 20-day VWAP

## Summary
- Planet 13 shareholders to receive 0.015383618 Vireo shares per share; 16.6% premium over 20-day VWAP as of July 24, 2026.
- Transaction adds 36 dispensaries, 3 cultivation/production assets, and up to 2.3M sq ft of expandable capacity in Nevada.
- Pro forma Vireo expected to operate ~265 dispensaries across 15 states, becoming largest U.S. cannabis operator by dispensary count.
- Planet 13 board and special committee unanimously approved; termination fee of $1.8M payable by Planet 13 in certain circumstances.
- Deal subject to Planet 13 stockholder approval, regulatory approvals, and effectiveness of Form S-4; expected delisting of PLTH shares.

## SEC filing metadata
- accession: 0001437749-26-024458
- form_type: 8-K
- ticker: PLNH
- cik: 0001813452
- company_name: Planet 13 Holdings Inc.
- filed_at: 2026-07-27T11:45:10+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1813452/000143774926024458/0001437749-26-024458-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1813452/000143774926024458/plnh20260727_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-26-024458
- JSON: https://secwatch.observer/filing/0001437749-26-024458.json
- Plain text: https://secwatch.observer/filing/0001437749-26-024458.txt

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