secwatch.observer — SEC 8-K summary
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Issuer:     Acreage Holdings, Inc. (—)
CIK:        0001762359
Form:       8-K
Filed at:   2023-06-05T23:59:59+00:00
Accession:  0001762359-23-000036
Event type: leadership
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Acreage CEO resigns, COO Curran appointed CEO; Canopy USA deal deadline extended to Aug 31
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- CEO Peter Caldini resigns effective June 30, 2023; COO Dennis Curran appointed CEO effective July 1, 2023.
- Curran's compensation: base salary $420k, RSUs $1.47M, plus $2M award vesting tied to Canopy USA milestones.
- Amendment extends outside date for Canopy USA acquisition of Acreage Floating Shares to August 31, 2023.
- Curran brings 35 years from GSK and P&G; Board will not fill COO role.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1762359/000176235923000036/0001762359-23-000036-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1762359/000176235923000036/acrg-20230531.htm
  HTML page:      https://secwatch.observer/filing/0001762359-23-000036

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer