Amass Brands Inc filed an Amended and Restated Certificate of Designation for its Series C Convertible Preferred Stock on August 19, 2026. The amendment revised liquidation provisions, modified conversion rights and pricing, clarified optional redemption terms to exclude holder-initiated redemptions outside of liquidation events, and updated default remedies. Concurrently, the company requested an additional $2,000,000 purchase of Series C Preferred Stock from Streeterville Capital, LLC under a Securities Purchase Agreement dated March 17, 2026. Amass Brands Inc operates in the cannabis industry.

AMASS Brands Inc. reported second quarter 2026 financial results on August 17, 2026, announcing net revenue of $5.6 million, a 2% increase year-over-year. The Non-Alcoholic and Functional segment surged 132% to $0.4 million, while core brands grew 12%. Gross profit was $1.5 million (26.7% margin), with adjusted EBITDA at negative $1.7 million. Cash reserves stood at $1.6 million as of June 30, 2026. The company introduced initial financial guidance, projecting full-year fiscal 2026 net revenues of at least $18.5 million and fiscal 2027 revenue of at least $22.2 million. Key operational developments include Good Twin becoming the #1 organic non-alcoholic wine brand in the U.S., Pizzolato MUSE launching nationwide at Whole Foods, and the planned acquisition of a majority stake in HpO Sparkling Protein Water. AMASS Brands Inc. is a consumer packaged goods company that develops, markets, and distributes premium beverage brands across wine, spirits, and functional non-alcoholic categories.

Amass Brands Inc entered into a Side Letter Agreement with Full Glass Wine Co., LLC to modify and terminate its Multi-Year Wine Purchase Agreement dated February 29, 2024. The original obligation for Full Glass to purchase $4,000,000 worth of inventory was replaced by a settlement amount of $427,000. A remaining balance of $31,750 is due by July 31, 2026, upon receipt of which the Company will release certain wine inventory to Full Glass. The remaining $406,000 constitutes a Deposit that may be applied at Full Glass’s election either toward future wine purchases or exclusively to the redemption of Series A Units and Common Units held by the Company in FGWC. The parties exchanged broad mutual releases of all claims related to the Purchase Agreement and other dealings between them. Amass Brands Inc operates in the beverage alcohol industry, specifically producing and distributing wine.

AMASS Brands Inc received two notification letters from Nasdaq on July 22, 2026, stating the company is non-compliant with continued listing requirements. For 30 consecutive business days from June 8, 2026, through July 21, 2026, the market value of listed securities fell below the $50,000,000 minimum, and the market value of publicly held shares fell below the $15,000,000 minimum. The company has until January 19, 2027, to regain compliance by meeting these thresholds for at least ten consecutive business days. Failure to comply may result in delisting. AMASS Brands Inc is a consumer goods company.

On July 10, 2026, AMASS Brands Inc entered into Amendment No. 3 to the Warrant to Purchase Shares of Common Stock with Streeterville Capital, LLC. The amendment modifies the exercise price of the warrant to a reduced exercise price of $1.50 per share for a thirty (30) day period commencing on the effective date of the warrant amendment. Following the expiration or termination of the ability to part-take in the Reduced Exercise Price Period, the warrant exercise price will be $16.00 per share. AMASS Brands Inc is a consumer goods company that produces and sells branded-goods products.