secwatch.observer — SEC 8-K summary
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Issuer:     Gold Flora Corp. (—)
CIK:        0001876945
Form:       8-K
Filed at:   2022-11-18T23:59:59+00:00
Accession:  0001654954-22-015551
Event type: m_and_a
Sentiment:  positive
Materiality: 0.75
Item codes: 1.01, 2.01, 1.02, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

TPCO Holding completes acquisition of Coastal for $28.3M cash + 25M shares
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- Consideration: ~$28.3M cash and 25M common shares for 6 California dispensaries.
- $19.2M cash used to repay Coastal indebtedness; $9M to acquire remaining equity of Pasadena dispensary.
- Prior Unit Purchase Agreement terminated and replaced by Merger Agreement; Concord location transfer pending regulatory approval.
- 25M Buyer Shares issued to Sellers (exchangeable for common shares 1:1); exempt from registration under Section 4(a)(2).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1876945/000165495422015551/0001654954-22-015551-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1876945/000165495422015551/tpco_8k.htm
  HTML page:      https://secwatch.observer/filing/0001654954-22-015551

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