Form: S-8

Securities to be offered to employees in employee benefit plans

November 20, 2025

As filed with the U.S. Securities and Exchange Commission on November 20, 2025

Registration No. 333-   

 

 
 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM S-8

REGISTRATION STATEMENT

UNDER

THE SECURITIES ACT OF 1933

 

 

TerrAscend Corp.

(Exact name of Registrant as specified in its charter)

 

 

 

Ontario

(State or other jurisdiction of

Incorporation or organization)

 

Not applicable

(I.R.S. Employer

Identification No.)

77 City Centre Drive

Suite 501 - East Tower

Mississauga, Ontario, L5B 1M5, Canada

(844) 628-3100

(Address of principal executive offices) (Zip code)

TerrAscend Corp. Amended and Restated Stock Option Plan

TerrAscend Corp. Amended and Restated Share Unit Plan

(Full titles of the plans)

Ziad Ghanem

Chief Executive Officer

TerrAscend Corp.

77 City Centre Drive

Suite 501 - East Tower

Mississauga, Ontario, L5B 1M5, Canada

(844) 628-3100

(Name and address of agent for service) (Telephone number, including area code, of agent for service)

 

 

Copies to:

 

Ryan M. Rourke Reed

Foley Hoag LLP

Seaport West

155 Seaport Boulevard

Boston, Massachusetts 02110-2600

(617) 832-1000

 

Lynn Gefen

Chief People and Legal Officer

TerrAscend Corp.

77 City Centre Drive

Suite 501 - East Tower

Mississauga, Ontario, L5B 1M5, Canada

(844) 628-3100

 

Jonathan Sherman

Cassels Brock & Blackwell LLP

Suite 3200, Bay Adelaide Centre - North Tower,

40 Temperance St.

Toronto, Ontario, M5H 0B4

Canada

(416) 869-5300

 

 

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act.

 

Large accelerated filer      Accelerated filer  
Non-accelerated filer      Smaller reporting company  
     Emerging growth company  

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 7(a)(2)(B) of the Securities Act. ☐

 

 
 


PART I

INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS

The information specified in Item 1 and Item 2 of Part I of Form S-8 is omitted from this Registration Statement on Form S-8 (the “Registration Statement”) in accordance with the provisions of Rule 428 under the Securities Act of 1933, as amended (the “Securities Act”), and the introductory note to Part I of Form S-8. The documents containing the information specified in Part I of Form S-8 will be delivered to the participants in the TerrAscend Corp. Amended and Restated Stock Option Plan and the TerrAscend Corp. Amended and Restated Share Unit Plan covered by this Registration Statement as specified by Rule 428(b)(1) under the Securities Act. Such documents are not required to be, and are not, filed with the Securities and Exchange Commission (the “Commission”) either as part of this Registration Statement or as a prospectus or prospectus supplement pursuant to Rule 424 under the Securities Act.

This Registration Statement is submitted in accordance with General Instruction E to Form S-8 regarding registration of additional securities, and pursuant to that instruction, the contents of the Registration Statement on Form S-8 (File No. 262566) filed with the Securities and Exchange Commission on February 7, 2022 are incorporated herein by reference.

PART II

INFORMATION REQUIRED IN THE REGISTRATION STATEMENT

 

ITEM 8.

EXHIBITS

 

Exhibit
Number
  

Description

  

Schedule

Form

  

File Number

  

Exhibit

  

Filing Date

4.1    Articles of TerrAscend Corp., dated March 7, 2017.    10-12G    000-56363    3.1    November 2, 2021
4.2    Articles of Amendment to the Articles of TerrAscend Corp., dated November 30, 2018.    10-12G/A    000-56363    3.2    December 22, 2021
4.3    Articles of Amendment to the Articles of TerrAscend Corp., dated May 22, 2020.    10-12G/A    000-56363    3.3    December 22, 2021
4.4    By-laws of TerrAscend Corp., dated March 7, 2017.    10-12G    000-56363    3.3    November 2, 2021
4.5    Form of Common Share Certificate of the Registrant.    S-3    333-278510    4.1    April 4, 2024
5.1*    Opinion of Cassels Brock & Blackwell LLP            
23.1*    Consent of Cassels Brock & Blackwell LLP (included in Exhibit 5.1).            
23.2*    Consent of MNP LLP, independent registered public accounting firm.            


Exhibit
Number
  

Description

  

Schedule

Form

  

File Number

  

Exhibit

  

Filing Date

24.1*    Power of Attorney (included on signature page).            
99.1    TerrAscend Corp. Amended and Restated Stock Option Plan.    10-K    000-56363    10.34    March 6, 2025
99.2    Form of Option Agreement.    10-K    000-56363    10.35    March 6, 2025
99.3    TerrAscend Corp. Amended and Restated Share Unit Plan.    10-K    000-56363    10.36    March 6, 2025
99.4    Form of Share Unit Agreement.    10-K    000-56363    10.37    March 6, 2025
107*    Filing Fee Table            
 
*

Filed herewith


SIGNATURES

Pursuant to the requirements of the Securities Act of 1933, as amended, the Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form S-8 and has duly caused this Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Mississauga, Province of Ontario, Canada, on November 20, 2025.

 

TERRASCEND CORP.
By:  

/s/ Ziad Ghanem

Name:   Ziad Ghanem
Title:   President and Chief Executive Officer

POWER OF ATTORNEY

KNOW ALL PERSONS BY THESE PRESENTS, that each person whose signature appears below constitutes and appoints Ziad Ghanem and Lynn Gefen, and each one of them, as his or her true and lawful attorneys-in-fact and agents, with full power of substitution and resubstitution, for him or her and in their name, place, and stead, in any and all capacities, to sign any and all amendments (including post-effective amendments) to this registration statement, and to file the same, with all exhibits thereto and other documents in connection therewith, with the Securities and Exchange Commission, granting unto said attorneys-in-fact and agents, and each of them, full power and authority to do and perform each and every act and thing requisite and necessary to be done in connection therewith, as fully to all intents and purposes as he or she might or could do in person, hereby ratifying and confirming all that said attorneys-in-fact and agents or any of them, or his or her substitute or substitutes, may lawfully do or cause to be done by virtue hereof.

Pursuant to the requirements of the Securities Act of 1933, as amended, this registration statement has been signed by the following persons in the capacities and on the dates indicated.

 

Signature

  

Title

  

Date

/s/ Ziad Ghanem

Ziad Ghanem

  

President and Chief Executive Officer

(Principal Executive, Financial and Accounting Officer)

   November 20, 2025

/s/ Jason Wild

Jason Wild

   Director    November 20, 2025

/s/ Ira Duarte

Ira Duarte

   Director    November 20, 2025

/s/ Craig Collard

Craig Collard

   Director    November 20, 2025

/s/ Ed Schutter

Ed Schutter

   Director    November 20, 2025

/s/ Kara DioGuardi

Kara DioGuardi

   Director    November 20, 2025


SIGNATURE OF AUTHORIZED U.S. REPRESENTATIVE OF THE REGISTRANT

Pursuant to the Securities Act, the undersigned, the duly authorized representative in the United States of TerrAscend Corp. has signed this Registration Statement on November 20, 2025.

 

TERRASCEND USA, INC.
By:  

/s/ Ziad Ghanem

Name:   Ziad Ghanem
Title:   President and Chief Executive Officer