Ascend Wellness Holdings, Inc. Announces Annual Meeting of Stockholders on May 3, 2024

TL;DR

<b>Ascend Wellness Holdings, Inc. will hold its virtual annual meeting on May 3, 2024, to elect directors and ratify auditors.</b>

AI Summary

Ascend Wellness Holdings, Inc. (AAWH) filed a Proxy Statement (DEF 14A) with the SEC on April 2, 2024. Ascend Wellness Holdings, Inc. will hold its annual meeting of stockholders on Friday, May 3, 2024, at 11:00 a.m. ET via live audio webcast. The meeting will cover the election of six nominees for the board of directors. Stockholders will also vote to ratify the appointment of Macias Gini & O'Connell LLP as the independent registered public accounting firm. The record date for determining stockholders entitled to notice and to vote is March 4, 2024. The meeting will be conducted virtually, with no in-person attendance option.

Why It Matters

For investors and stakeholders tracking Ascend Wellness Holdings, Inc., this filing contains several important signals. This filing is a definitive proxy statement (DEF 14A), indicating it contains important information for shareholders regarding corporate governance and voting matters. The virtual format for the annual meeting may impact shareholder engagement and accessibility compared to in-person meetings.

Risk Assessment

Risk Level: low — Ascend Wellness Holdings, Inc. shows low risk based on this filing. The filing is a routine proxy statement for an annual meeting and does not contain significant new financial or operational information that would indicate high risk.

Analyst Insight

Stockholders should review the proxy statement to understand the director nominees and the proposed auditor ratification before the May 3rd meeting.

Key Numbers

• 6 — Nominees for Director (To be elected to the board of directors at the annual meeting.)
• 2024-05-03 — Annual Meeting Date (Date of the annual meeting of stockholders.)
• 11:00 a.m. ET — Meeting Time (Time of the annual meeting of stockholders.)
• 2024-03-04 — Record Date (Date for determining eligible stockholders.)

Key Players & Entities

• Ascend Wellness Holdings, Inc. (company) — Registrant and filer of the proxy statement.
• Macias Gini & O'Connell LLP (company) — Proposed independent registered public accounting firm.
• May 3, 2024 (date) — Date of the annual meeting of stockholders.
• March 4, 2024 (date) — Record date for determining stockholders entitled to notice and to vote.

FAQ

Risk Factors

• Compliance with SEC Regulations [low — regulatory]: The company must comply with all SEC regulations regarding proxy solicitations and annual meetings, as outlined in this DEF 14A filing.

Industry Context

Ascend Wellness Holdings operates in the medicinal chemicals and botanical products industry, specifically within the regulated cannabis sector.

Regulatory Implications

The company is subject to SEC regulations governing proxy statements and annual shareholder meetings, as evidenced by this DEF 14A filing.

What Investors Should Do

1. Review the list of director nominees and their qualifications.
2. Evaluate the proposed ratification of Macias Gini & O'Connell LLP as the independent auditor.
3. Note the virtual format and access instructions for the May 3, 2024 annual meeting.

Key Dates

• 2024-05-03: Annual Meeting of Stockholders — Election of directors and ratification of auditors.
• 2024-03-04: Record Date — Determines which stockholders are eligible to vote at the annual meeting.

Year-Over-Year Comparison

This is a DEF 14A filing for the 2024 annual meeting, following previous filings related to corporate actions and financial reporting.

Key Financial Figures

• $0.001 — 000,000 shares of Class A common stock, $0.001 par value per share ("Class A Common Sh

Filing Documents

• a2024awh-proxystatement.htm (DEF 14A) — 443KB
• abnerkurtinsignaturea.jpg (GRAPHIC) — 2KB
• awhlogoa.jpg (GRAPHIC) — 492KB
• px_proxy1card1a.jpg (GRAPHIC) — 516KB
• px_proxy1card2a.jpg (GRAPHIC) — 660KB
• 0001628280-24-014375.txt (&nbsp;) — 2729KB

EXECUTIVE COMPENSATION

EXECUTIVE COMPENSATION 18 Summary Compensation Table 18 Compensation Governance 19 Incentive Plan Awards 22 Employment Agreements and Termination and Change of Control Benefits 23 DIRECTOR COMPENSATION 26

SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED STOCKHOLDER MATTERS

SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED STOCKHOLDER MATTERS 27 INTEREST OF MANAGEMENT OTHERS IN MATERIAL TRANSACTIONS 29 AUDIT COMMITTEE REPORT 30 STOCKHOLDER PROPOSALS 30 OTHER MATTERS 31 PRINCIPAL EXECUTIVE OFFICE 31 4 PROXY STATEMENT The information contained in this proxy statement ("proxy statement") is furnished in connection with the solicitation of proxies to be used at the annual meeting of holders ("stockholders") of Class A common stock and Class B common stock (together, "shares of common stock") of Ascend Wellness Holdings, Inc. (the "Company") to be held by way of a live audio webcast through the LumiOdyssey Virtual AGM platform (the "Virtual Platform") at httpsweb.lumiconnect.com226260758, password "ascend2024" (case-sensitive), on Friday, May 3, 2024 at 1100 a.m. (Eastern Time) (the "Meeting"), and at all adjournments thereof, for the purposes set forth in the accompanying Notice of Meeting. The Company will be hosting an entirely virtual annual meeting of stockholders in 2024. We are excited to continue to provide expanded access, improved communication, and cost savings for our stockholders and the Company. We believe hosting a virtual meeting helps enable greater stockholder attendance at the annual meeting by allowing stockholders that might not otherwise be able to travel to a physical meeting to attend online and participate from any location around the world. The Meeting will be conducted solely as a virtual-only meeting of stockholders via a live audio webcast through the Virtual Platform. Registered stockholders or duly appointed proxyholders can attend the Meeting online at httpsweb.lumiconnect.com226260758 by clicking "I have a control number" and entering your unique 12-digit control number located on your form of proxy, followed by the password "ascend2024" (case-sensitive). You will have the ability to submit questions during the Meeting via the Virtual Platform. See "Instruction

View Full Filing

View this DEF 14A filing on SEC EDGAR