secwatch.observer — SEC 8-K summary
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Issuer:     Verano Holdings Corp. (VRNO)
CIK:        0001848416
Form:       8-K
Filed at:   2026-06-08T20:15:45+00:00
Accession:  0001493152-26-027720
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 3.03, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Verano Holdings announces 1-for-5 reverse stock split effective June 11, 2026
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- Reverse stock split ratio 1-for-5; effective 12:01 a.m. PT on June 11, 2026.
- Outstanding shares reduced from ~365M to ~73M as of June 4, 2026.
- No fractional shares; cash payment in lieu based on prior day closing price.
- Exercise prices and convertible securities adjusted proportionately.
- Common stock continues trading on Cboe Canada and OTCQX under symbol VRNO.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1848416/000149315226027720/0001493152-26-027720-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1848416/000149315226027720/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-027720

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