8-K: Current report
Published on June 15, 2026
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
Securities registered pursuant to Section 12(b) of the Act:
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Trading |
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).
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 13(a) of the Exchange Act.
* The registrant’s common shares, no par value, trade over-the-counter on OTCQX Best Market under the trading symbol “TSNDF”.
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
As discussed below in Item 5.07, at the 2026 annual meeting of shareholders (the “Annual Meeting”) of TerrAscend Corp. (the “Company”) held on June 9, 2026, the Company’s shareholders approved a resolution to approve all unallocated stock options issuable under the Company's stock option plan and a resolution to approve all unallocated share units issuable under the Company's share unit plan. Both resolutions were submitted to the Company's shareholders for approval in accordance with the rules of the Toronto Stock Exchange, which provide that all unallocated options, rights or other entitlements under a listed issuer’s security-based compensation arrangements which do not have a fixed maximum aggregate number of securities issuable must be approved by a majority of the issuer’s directors and by the issuer’s security holders every three years.
The material terms of the Company's stock option plan and share unit plan are described under “Matters to be Acted Upon at the Meeting–Proposal No. 3: Renewal of Stock Option Plan,” “Matters to be Acted Upon at the Meeting–Proposal No. 4: Renewal of Share Unit Plan,” and “Stock Option Plan and RSU Plan” in the Company’s Management Information Circular and Proxy Statement filed with the United States Securities and Exchange Commission on April 16, 2026 (the “Circular”), which descriptions are incorporated herein by reference. The Company’s stock option plan and share unit plan were previously filed as Exhibits 10.34 and 10.36, respectively, to the Company’s Annual Report on Form 10-K for the year ended December 31, 2024, filed with the Securities and Exchange Commission on March 6, 2025, and are incorporated herein by reference as Exhibits 10.1 and 10.2, respectively. The approvals did not amend or modify the terms of either plan.
Item 5.07 Submission of Matters to a Vote of Security Holders.
The Company held the Annual Meeting on June 9, 2026, virtually via a live webcast. As of April 13, 2026, the record date for the Annual Meeting, the Company had 309,561,287 common shares outstanding. Of that number, 195,790,029 common shares were represented virtually or by proxy at the Annual Meeting. The Company’s shareholders voted on each of the following proposals at the Annual Meeting, casting their votes as described below. There were no abstentions with respect to any of the proposals.
Proposal 1: Election of Directors
Each of the five individuals listed below was elected at the Annual Meeting to serve on the Company’s Board of Directors (the “Board”) until the close of the next annual meeting of shareholders of the Company following his or her election, or any postponement(s) or adjournment(s) thereof, unless his or her office is vacated earlier or until his or her successor is elected or appointed. The final voting results are as follows:
Director Nominee |
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Votes For |
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Votes Withheld |
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Broker |
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Craig Collard |
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146,813,537 |
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378,695 |
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48,597,797 |
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Kara DioGuardi |
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142,410,423 |
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4,781,809 |
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48,597,797 |
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Ira Duarte |
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146,740,278 |
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451,954 |
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48,597,797 |
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Ed Schutter |
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146,789,873 |
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402,359 |
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48,597,797 |
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Jason Wild |
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146,763,699 |
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428,533 |
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48,597,797 |
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Proposal 2: Ratification of the Re-Appointment of Auditor
The Company’s shareholders ratified the re-appointment of MNP LLP, Chartered Professional Accountants, of Toronto, Ontario, as the Company’s auditor and independent registered public accounting firm for the fiscal year ending December 31, 2026 and authorized the Board to fix their remuneration. The final voting results are as follows:
Votes For |
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Votes Withheld |
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Broker Non-Votes |
195,355,441 |
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434,588 |
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0 |
Proposal 3: Approval of Stock Option Plan Resolution
The Company’s shareholders approved a resolution to approve all unallocated stock options issuable under the Company's stock option plan, as described in more detail in the Circular. The final voting results are as follows:
Votes For |
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Votes Against |
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Broker Non-Votes |
145,741,365 |
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1,450,867 |
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48,597,797 |
Proposal 4: Approval of Share Unit Plan Resolution
The Company’s shareholders approved a resolution to approve all unallocated share units issuable under the Company's share unit plan, as described in more detail in the Circular. The final voting results are as follows:
Votes For |
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Votes Against |
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Broker Non-Votes |
145,756,998 |
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1,435,234 |
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48,597,797 |
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
Exhibit No. |
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Description |
10.1 |
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10.2 |
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10.4 |
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Cover Page Interactive Data File (embedded within the Inline XBRL document). |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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TerrAscend Corp. |
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Date: |
June 15, 2026 |
By: |
Eric Jackson |
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Eric Jackson |