secwatch.observer — SEC 8-K summary
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Issuer:     Planet 13 Holdings Inc. (PLNH)
CIK:        0001813452
Form:       8-K
Filed at:   2026-07-27T11:45:10+00:00
Accession:  0001437749-26-024458
Event type: m_and_a
Sentiment:  positive
Materiality: 0.90
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1813452/000143774926024458/0001437749-26-024458-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1813452/000143774926024458/plnh20260727_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-26-024458

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer