8-K
filed May 5, 2026, 7:59 PM ET
ticker AAWH
CIK 0001756390
other material
confidence high
sentiment neutral
materiality 0.60
Ascend Wellness Holdings completes Class B conversion and annual meeting
Ascend Wellness Holdings, Inc.
- On May 4, 2026, all 65,000 outstanding Class B shares of Ascend Wellness automatically converted into Class A shares.
- The company retired the converted Class B shares, reducing authorized common stock to 750,035,000 and Class B authorized to 35,000.
- At the April 29, 2026 annual meeting, all six director nominees were elected, each receiving over 95 million votes for.
- Stockholders ratified WithumSmith+Brown as auditor with 170,618,274 votes for and reapproved the stock incentive plan with 98,316,897 votes for.
Key facts
Extracted from this filing and checked against the source text.
Governance Changes
SEC 8-K Item 5.03/5.05/5.06
confidence 0.9
Ascend Wellness Holdings, Inc.: Certificate of Retirement filed to reduce authorized shares of common stock and Class B common stock following conversion of all Class B shares (effective 2026-05-05).
- Change
- charter amendment
- Effective
- 2026-05-05
Exact text from the filing
On May 5, 2026, the Company filed a Certificate of Retirement with the Secretary of State of the State of Delaware (the “Certificate of Retirement”) to effect the retirement of the 65,000 shares of Class B Common Stock that were issued but no longer outstanding following the Conversion. Pursuant to Section 243(b) of the DGCL, upon its effectiveness, the Certificate of Retirement had the effect of amending the Certificate of Incorporation to reduce the total number of authorized shares of common stock of the Company by 65,000, to 750,035,000, and to reduce the number of authorized shares of Class B Common Stock by 65,000, to 35,000.
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.95
Ascend Wellness Holdings, Inc. shareholders approved Ratification of appointment of WithumSmith+Brown, PC as independent registered public accounting firm for fiscal year ending December 31, 2026 at the 2026-04-29 meeting.
- Proposal
- auditor ratification
- Outcome
- passed
- Meeting
- 2026-04-29
Exact text from the filing
Proposal 2: Ratification of Appointment of Independent Registered Public Accounting Firm The appointment of WithumSmith+Brown, PC to serve as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2026 was ratified based on the following votes:
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.95
Ascend Wellness Holdings, Inc. shareholders approved Election of six directors to serve until the 2027 Annual Meeting at the 2026-04-29 meeting.
- Proposal
- director election
- Outcome
- passed
- Meeting
- 2026-04-29
Exact text from the filing
Proposal 1: Election of Directors Each of the six nominees, each of whom was named in the Proxy Statement and unanimously recommended by the Board, was elected to serve on the Board to hold office until the 2027 Annual Meeting of Stockholders or until his or her successor is duly elected and qualified, based on the following votes:
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.95
Ascend Wellness Holdings, Inc. shareholders approved Reapproval of the Company’s stock incentive plan and approval of unallocated stock option entitlements thereunder at the 2026-04-29 meeting.
- Proposal
- equity plan
- Outcome
- passed
- Meeting
- 2026-04-29
Exact text from the filing
Proposal 3: Reapproval of Stock Incentive Plan The reapproval of the Company’s stock incentive plan and the approval of unallocated stock option entitlements thereunder was approved based on the following votes:
View on SEC.gov
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