---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-22-015285"
form_type: "8-K"
ticker: "AAWH"
cik: "0001756390"
company_name: "Ascend Wellness Holdings, Inc."
filed_at: "2022-05-24T23:59:59+00:00"
generated_at: "2026-06-25T07:43:57.020369+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Ascend Wellness closes $36.5M incremental term loan, total debt facility now $246.5M

## Summary
- Incremental Commitment of $36.5M added to existing $210M term loan under Credit Agreement dated August 27, 2021.
- Debt Facility bears fixed interest at 9.5% per annum, matures August 27, 2025, no scheduled principal amortization.
- Proceeds used for working capital, growth investments, acquisitions, capital expenditures, and strategic initiatives.
- Financial covenants require minimum Liquidity of $20M and minimum EBITDA-to-cash interest coverage ratios up to 2.50:1.00.
- Prepayment premiums apply until February 27, 2025; amounts borrowed may not be re-borrowed once repaid.

## SEC filing metadata
- accession: 0001628280-22-015285
- form_type: 8-K
- ticker: AAWH
- cik: 0001756390
- company_name: Ascend Wellness Holdings, Inc.
- filed_at: 2022-05-24T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1756390/000162828022015285/0001628280-22-015285-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1756390/000162828022015285/aawh-20220518.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-22-015285
- JSON: https://secwatch.observer/filing/0001628280-22-015285.json
- Plain text: https://secwatch.observer/filing/0001628280-22-015285.txt

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