Ascend Wellness closes acquisition of Devi Holdings for $12M cash and 5.185M shares

Ascend Wellness Holdings, Inc.

Closed acquisition of 100% of Devi Holdings membership interests; total consideration includes $12M cash (subject to adjustments) and 5,185,186 Class A shares.
Shares issued under Section 4(a)(2) exemption as private placement to limited holders without general solicitation.
Acquisition originally announced Jan 24, 2023; closing occurred April 27, 2023.

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