---
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"
generated_at: "2026-06-11T10:10:19.233608+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Verano completes 1-for-5 reverse stock split, reduces authorized shares to 1 billion

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 3.03, 5.03, 8.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-028207
- JSON: https://secwatch.observer/filing/0001493152-26-028207.json
- Plain text: https://secwatch.observer/filing/0001493152-26-028207.txt

## Key facts
- Governance Changes
  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).
  - Change: charter amendment
  - Effective: 2026-06-11
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1848416/000149315226028207/0001493152-26-028207-index.htm

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