[PRESS RELEASE] – MIAMI, June 6, 2025 – AYR Wellness Inc., a number one vertically built-in U.S. multistate hashish operator, equipped an replace in regards to the standing of its securities in reference to its up to now introduced lengthen in submitting its intervening time monetary statements for the quarter ended March 31, 2025.
As disclosed on Would possibly 30, 2025, the corporate used to be not able to satisfy the time limit to report its intervening time monetary record, control’s dialogue and research, and comparable CEO and leader monetary officer’s certificate for the three-month length ended March 31, 2025 (jointly, the “intervening time filings”) as required below appropriate Canadian securities regulations. In consequence, the Ontario Securities Fee (OSC) issued a failure to report stop industry order (FFCTO) efficient June 5, 2025.
The FFCTO prohibits all buying and selling, whether or not direct or oblique, within the securities of the corporate in Canada, topic to positive restricted exceptions for really useful safety holders who don’t seem to be, and weren’t on the date of the FFCTO, insiders or regulate individuals of the corporate. Such holders would possibly promote securities received ahead of the date of the FFCTO if the sale is made thru a “overseas arranged regulated marketplace” and thru a registered funding broker in Canada, based on appropriate securities regulation. The FFCTO will stay in impact till the corporate information the desired disclosures and the OSC revokes the order.
AYR is operating diligently to finish its exceptional filings and can supply additional updates as suitable.
The corporate does no longer be expecting the FFCTO to have an effect on its talent to proceed to function within the unusual path and stays dedicated to handing over top of the range hashish merchandise to its sufferers and shoppers.
