secwatch.observer — SEC 8-K summary
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Issuer:     Verano Holdings Corp. (VRNO)
CIK:        0001848416
Form:       8-K
Filed at:   2026-06-01T11:15:33+00:00
Accession:  0001493152-26-026522
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Verano Announces 1-for-5 Reverse Stock Split, Reducing Shares to ~72.9M, to Facilitate U.S. Exchange Listing
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- 1-for-5 reverse stock split effective June 11, 2026; outstanding shares drop from 364,381,806 to ~72,876,361.
- Authorized shares cut from 5B to 1B; fractional shareholders receive cash based on pre-effective closing price.
- Ownership percentages unchanged; all equity awards and convertible securities adjusted proportionately.
- Split follows November 2025 redomicile to Nevada and is intended to position Verano for a major U.S. exchange listing.
- Proxy statement share counts reflect pre-split amounts; percentage ownership and dilution figures remain as of record date.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1848416/000149315226026522/0001493152-26-026522-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1848416/000149315226026522/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-026522

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