secwatch.observer — SEC 8-K summary
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Issuer:     Ascend Wellness Holdings, Inc. (AAWH)
CIK:        0001756390
Form:       8-K
Filed at:   2023-10-25T23:59:59+00:00
Accession:  0001628280-23-035038
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ascend Wellness reports record Q3 revenue ~$140M, up 15% Q/Q; names Mark Cassebaum CFO
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- Preliminary Q3 net revenue ~$140M (record, +15% Q/Q).
- Adjusted EBITDA estimated at $27-29M, significant sequential growth.
- Third straight quarter positive cash from operations; first quarter positive free cash flow.
- Mark Cassebaum appointed CFO effective Nov 27, 2023; Dan Neville resigning Nov 10.
- CFO compensation: $450K base, bonus up to 100%, one-time $135K cash, 350K RSUs vesting over 4 years.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1756390/000162828023035038/0001628280-23-035038-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1756390/000162828023035038/aawh-20231025.htm
  HTML page:      https://secwatch.observer/filing/0001628280-23-035038

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