---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-22-018501"
form_type: "8-K"
ticker: "AAWH"
cik: "0001756390"
company_name: "Ascend Wellness Holdings, Inc."
filed_at: "2022-07-05T23:59:59+00:00"
generated_at: "2026-06-24T21:23:18.256721+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Ascend Wellness closes $28.5M incremental term loan, total debt $275M

## Summary
- Debt bears 9.5% fixed interest, matures August 27, 2025; no scheduled amortization.
- Issued ~3.1M warrants exercisable at $3.10/share; up to 645k more at lender option.
- Proceeds for working capital, acquisitions, capex, and other corporate purposes.
- Financial covenants: liquidity ≥$20M, EBITDA/interest coverage ≥2.50x from Q2 2022.

## SEC filing metadata
- accession: 0001628280-22-018501
- form_type: 8-K
- ticker: AAWH
- cik: 0001756390
- company_name: Ascend Wellness Holdings, Inc.
- filed_at: 2022-07-05T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.03, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1756390/000162828022018501/0001628280-22-018501-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1756390/000162828022018501/aawh-20220630.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-22-018501
- JSON: https://secwatch.observer/filing/0001628280-22-018501.json
- Plain text: https://secwatch.observer/filing/0001628280-22-018501.txt

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