---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-017623"
form_type: "8-K"
ticker: "VRNO"
cik: "0001848416"
company_name: "Verano Holdings Corp."
filed_at: "2024-05-03T23:59:59+00:00"
generated_at: "2026-06-02T23:19:37.140508+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Verano prepays $50M of debt; releases certain borrowers and liens

## Summary
- Permitted Partial Optional Prepayment of $50M made on April 30, 2024 under Oct 2022 Credit Agreement.
- Lenders agreed to release certain Borrowers from obligations and release liens on their property.
- Chicago Atlantic Admin, LLC serves as administrative agent for the Lenders.
- Prepayment reduces outstanding debt and simplifies corporate structure through borrower releases.

## SEC filing metadata
- accession: 0001493152-24-017623
- form_type: 8-K
- ticker: VRNO
- cik: 0001848416
- company_name: Verano Holdings Corp.
- filed_at: 2024-05-03T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1848416/000149315224017623/0001493152-24-017623-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1848416/000149315224017623/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-017623
- JSON: https://secwatch.observer/filing/0001493152-24-017623.json
- Plain text: https://secwatch.observer/filing/0001493152-24-017623.txt

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