{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-26-028207","form_type":"8-K","ticker":"VRNO","cik":"0001848416","company_name":"Verano Holdings Corp.","filed_at":"2026-06-11T10:08:37+00:00","discovered_at":"2026-06-11T10:10:00.252370+00:00","generated_at":"2026-06-11T10:10:19.233608+00:00","sec_items":["3.03","5.03","8.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Verano completes 1-for-5 reverse stock split, reduces authorized shares to 1 billion","bullets":["1-for-5 reverse stock split effective June 11, 2026; shares reduced from 367.7M to ~73.9M.","Authorized shares cut from 5 billion to 1 billion; no fractional shares issued; cash in lieu.","Split supports prospective uplist to a U.S. exchange; shares trade on Cboe Canada and OTCQX.","Normal course issuer bid amended to allow repurchase of up to 3,643,858 shares post-split.","Proportional adjustments to stock options, RSUs, and convertible securities."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-26-028207","json":"https://secwatch.observer/filing/0001493152-26-028207.json","markdown":"https://secwatch.observer/filing/0001493152-26-028207.md","text":"https://secwatch.observer/filing/0001493152-26-028207.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1848416/000149315226028207/0001493152-26-028207-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1848416/000149315226028207/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-11T10:10:19.233608+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"3881d35b792597fa3c8630e0db1527e65784d81b","claim":"Verano Holdings Corp.: The Company filed a Certificate of Change with the Secretary of State of Nevada to effect a 1-for-5 reverse stock split of common stock and reduce authorized shares from 5,000,000,000 to 1,000,000,000, effective June 11, 2026 (effective 2026-06-11).","evidence_excerpt":"As previously disclosed, on June 2, 2026, Verano Holdings Corp. (the “Company”) filed a Certificate of Change (the “Certificate of Change”) with the Secretary of State of the State of Nevada to effectuate a 1-for-5 reverse stock split (the “Reverse Stock Split”) of the Company’s issued and outstanding shares of common stock, accompanied by a proportionate reduction in the number of authorized shares of common stock.","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1848416/000149315226028207/0001493152-26-028207-index.htm","confidence":0.99,"family_label":"Governance Changes","details":[{"label":"Change","value":"charter amendment"},{"label":"Effective","value":"2026-06-11"}],"fact_type":"governance_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}