---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-23-008496"
form_type: "8-K"
ticker: "JUSHF"
cik: "0001909747"
company_name: "Jushi Holdings Inc."
filed_at: "2023-03-17T23:59:59+00:00"
generated_at: "2026-06-17T23:53:57.284477+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# CEO James Cacioppo agrees to take 2022 bonus in $250K cash, $750K notes, and warrants

## Summary
- CEO James Cacioppo's $750,000 2022 annual bonus restructured: $250K cash, $750K in 12% second lien notes, and warrants for ~$375K in shares.
- Notes carry 12% interest, mature Dec 7, 2026; warrants exercise price set at 25% premium to VWAP or higher.
- Issuance of notes and warrants is unregistered, relying on Regulation D exemption.
- Move preserves cash for working capital; CEO continues to invest in company.
- Additional notes issued under same indenture as existing $69M private placement closed Dec 2022.

## SEC filing metadata
- accession: 0001628280-23-008496
- form_type: 8-K
- ticker: JUSHF
- cik: 0001909747
- company_name: Jushi Holdings Inc.
- filed_at: 2023-03-17T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 2.03, 5.02, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1909747/000162828023008496/0001628280-23-008496-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1909747/000162828023008496/jush-20230314.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-23-008496
- JSON: https://secwatch.observer/filing/0001628280-23-008496.json
- Plain text: https://secwatch.observer/filing/0001628280-23-008496.txt

## Key facts
- Debt Financings
  Jushi Holdings Inc. incurred senior notes of $750,000 principal amount.
  - Instrument: senior notes
  - Principal: $750,000 principal amount
  - Event: incurrence
  source text: The information set forth in Item 5.02 of this Current Report on Form 8-K describing the issuance of $750,000 principal amount of additional Notes (as defined below) is incorporated into this Item 2.03 by reference.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1909747/000162828023008496/0001628280-23-008496-index.htm

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