Jushi CEO Cacioppo waives $950k bonus for $238k cash, $1.38M in 12% notes, and 1.06M options

Jushi Holdings Inc.

CEO Jim Cacioppo forgoes $950k annual bonus; receives $237,500 cash, $1,381,551 principal of 12% second lien notes due 2026, and options to buy 1,062,732 shares at $0.65.
Board approves 5,385,000 replacement options for Cacioppo, 2,383,000 for other execs, 394,758 for non-employee directors, and 300,000 for CFO Mosier.
Notes issued under existing indenture; options vest Jan 1, 2025; payment/vesting contingent on continued employment.
Amendments designed to assist near-term working capital; approved by independent directors.

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