---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-25-009485"
form_type: "8-K"
ticker: "JUSHF"
cik: "0001909747"
company_name: "Jushi Holdings Inc."
filed_at: "2025-03-03T23:59:59+00:00"
generated_at: "2026-05-26T15:06:21.981961+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Jushi closes $5.1M private placement of 12% notes and warrants with insider participation; CLO departs

## Summary
- Issued US$3.719M and C$2.0M of 12% second lien notes due Dec 2026, plus warrants for 8.5M subordinate voting shares.
- CEO-affiliated entity purchased US$3.719M notes, received warrants for up to 6.2M shares; Founder acquired C$2.0M notes.
- CEO's beneficial ownership increases from 17.9% to 19.9%-20% on as-converted basis after offering.
- Net proceeds of ~$5.1M (US$3.35M + C$1.8M) for general corporate purposes.
- Chief Legal Officer Tobi Lebowitz resigned effective March 28, 2025; no disagreement.

## SEC filing metadata
- accession: 0001628280-25-009485
- form_type: 8-K
- ticker: JUSHF
- cik: 0001909747
- company_name: Jushi Holdings Inc.
- filed_at: 2025-03-03T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.03, 8.01, 3.02, 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1909747/000162828025009485/0001628280-25-009485-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1909747/000162828025009485/jush-20250225.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-25-009485
- JSON: https://secwatch.observer/filing/0001628280-25-009485.json
- Plain text: https://secwatch.observer/filing/0001628280-25-009485.txt

## Key facts
- Debt Financings
  Jushi Holdings Inc. incurred loan of US$3,719,000 with James Cacioppo at 12% maturing due 2026.
  - Instrument: loan
  - Principal: US$3,719,000
  - Counterparty: James Cacioppo
  - Rate: 12%
  - Maturity: due 2026
  - Event: incurrence
  source text: consisting of the issuance of a US$3,719,000 12% second lien promissory note due 2026 and the Warrant.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1909747/000162828025009485/0001628280-25-009485-index.htm
- Executive change
  Tobi Lebowitz resigned as Chief Legal Officer and Corporate Secretary at Jushi Holdings Inc..
  - Action: resigned
  - Role: Chief Legal Officer and Corporate Secretary
  source text: On February 26, 2025, Tobi Lebowitz, Chief Legal Officer and Corporate Secretary of Jushi Holdings Inc. (the “Company”), resigned from the Company effective March 28, 2025.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1909747/000162828025009485/0001628280-25-009485-index.htm

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