Dividends & Buybacks ·
Shareholders approve reverse stock split between 1-for-10 and 1-for-50 to meet exchange listing requirements
AAWHAscend Wellness Holdings, Inc.
Ascend Wellness Holdings, Inc. held a special meeting on August 28, 2026, where shareholders approved an amendment to the Certificate of Incorporation to effect a reverse stock split at a ratio between 1-for-10 and 1-for-50, as determined by the Board prior to listing on a national exchange or one year from the meeting. The proposal received 112,305,378 votes in favor against 1,391,090 opposed. This approval enables the company to adjust its share structure to meet potential exchange listing requirements. Ascend Wellness Holdings operates in the cannabis industry.