secwatch.observer — SEC 8-K summary
======================================

Issuer:     Leef Brands Inc. (LEEEF)
CIK:        0001711141
Form:       8-K
Filed at:   2026-08-03T10:03:01+00:00
Accession:  0001493152-26-035720
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 3.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Leef Brands closes $5.2M preferred financing for processing facility; total $14.5M raised
--------------------------------------------------------------------------------

- Issued 20.8M Series A-2 preferred shares at US$0.25/share for gross proceeds of US$5.2M.
- Exchanged 11.2M Series A-1 shares for 12.6M Series A-2 shares plus supplemental dividends.
- Total gross proceeds across all closings of the offering approximately US$14.5M.
- Proceeds to purchase a cannabis processing and storage facility to support Salisbury Canyon Ranch and future expansion.
- Insider Jamie Mendola participated in the exchange; relied on MI 61-101 exemptions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1711141/000149315226035720/0001493152-26-035720-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1711141/000149315226035720/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-035720

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