Ascend Wellness shareholders approve reverse stock split (1-for-10 to 1-for-50)

Ascend Wellness Holdings, Inc.

Special meeting Aug 28, 2026: 112,305,378 votes for reverse split, 1,391,090 against, 6,371 withheld.
Board may set ratio from 1-for-10 to 1-for-50 before national exchange listing or 1 year from meeting, whichever first.
Adjournment proposal also passed (113,245,527 for) but not needed since split received sufficient votes.
Total 113,702,839 Class A shares represented, constituting a quorum.

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