---
schema_version: "secwatch.filing_event.v1"
accession: "0001819615-24-000040"
form_type: "8-K"
ticker: null
cik: "0001819615"
company_name: "Clever Leaves Holdings Inc."
filed_at: "2024-04-17T23:59:59+00:00"
generated_at: "2026-06-03T21:47:33.227230+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Clever Leaves terminates $50M ATM equity distribution agreement with Canaccord Genuity

## Summary
- Equity Distribution Agreement for up to $50M in common share sales terminated effective April 26, 2024.
- Company filed post-effective amendment to withdraw unsold securities from Registration Statement on Form S-3.
- Notice of termination given to Canaccord Genuity LLC on April 16, 2024.

## SEC filing metadata
- accession: 0001819615-24-000040
- form_type: 8-K
- cik: 0001819615
- company_name: Clever Leaves Holdings Inc.
- filed_at: 2024-04-17T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1819615/000181961524000040/0001819615-24-000040-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1819615/000181961524000040/clvr-20240416.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001819615-24-000040
- JSON: https://secwatch.observer/filing/0001819615-24-000040.json
- Plain text: https://secwatch.observer/filing/0001819615-24-000040.txt

## Key facts
- Material Agreements
  Clever Leaves Holdings Inc. terminated Equity Distribution Agreement with Canaccord Genuity LLC valued at $50,000,000 (effective 2024-04-26).
  - Action: termination
  - Agreement: atm program
  - Counterparty: Canaccord Genuity LLC
  - Value: $50,000,000
  - Effective: 2024-04-26
  source text: On April 16, 2024, Clever Leaves Holdings Inc. (the “Company”) provided a notice to Canaccord Genuity LLC (“Canaccord”) to terminate that certain Equity Distribution Agreement, dated January 14, 2022, between the Company and Canaccord (the “Equity Distribution Agreement”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1819615/000181961524000040/0001819615-24-000040-index.htm

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