Ascend Wellness repurchases 11M shares (over 5% outstanding) at discount from institutional investor

Ascend Wellness Holdings, Inc.

Repurchased 11,000,000 Class A common shares from an institutional investor in a private transaction, representing over 5% of outstanding shares.
The shares were bought at a significant discount to the December 17, 2024 closing price on the CSE and were cancelled.
Board unanimously approved the repurchase; consent from term loan holders allows up to $5M in share repurchases.

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