Planet 13 Holdings Files 8-K with Material Agreement

TL;DR

Planet 13 filed an 8-K on March 5th, looks like a big new deal is happening.

AI Summary

Planet 13 Holdings Inc. filed an 8-K on March 7, 2024, reporting a material definitive agreement entered into on March 5, 2024. The filing also includes other events and financial statements/exhibits. The company is incorporated in Nevada and its principal executive offices are located in Las Vegas.

Why It Matters

This 8-K filing indicates a significant new agreement for Planet 13 Holdings, which could impact its business operations and financial performance.

Risk Assessment

Risk Level: medium — Material definitive agreements can introduce new risks or opportunities that require further analysis.

Key Players & Entities

• Planet 13 Holdings Inc. (company) — Registrant
• March 5, 2024 (date) — Date of earliest event reported
• March 7, 2024 (date) — Date of report
• Nevada (jurisdiction) — State of incorporation
• Las Vegas (location) — Principal executive offices

FAQ

Key Financial Figures

• $0.60 — were sold at a public offering price of $0.60 per Unit. The Warrants have a five-year
• $0.77 — five-year term and an exercise price of $0.77 per share of Common Stock. The Units do
• $9.825 m — from the Offering will be approximately $9.825 million, after deducting underwriting dis

Filing Documents

• plnh20240306_8k.htm (8-K) — 47KB
• ex_635496.htm (EX-1.1) — 284KB
• ex_635502.htm (EX-4.1) — 240KB
• ex_635503.htm (EX-4.2) — 121KB
• ex_635504.htm (EX-5.1) — 15KB
• ex_635505.htm (EX-5.2) — 14KB
• ex_635491.htm (EX-99.1) — 15KB
• ex_635492.htm (EX-99.2) — 14KB
• ex_635492img001.jpg (GRAPHIC) — 5KB
• ex_635505img001.jpg (GRAPHIC) — 3KB
• hdlogo.jpg (GRAPHIC) — 4KB
• plth_991img1.jpg (GRAPHIC) — 5KB
• 0001437749-24-006905.txt ( ) — 1062KB
• plnh-20240305.xsd (EX-101.SCH) — 3KB
• plnh-20240305_def.xml (EX-101.DEF) — 11KB
• plnh-20240305_lab.xml (EX-101.LAB) — 15KB
• plnh-20240305_pre.xml (EX-101.PRE) — 11KB
• plnh20240306_8k_htm.xml (XML) — 3KB

01. Other Events

Item 8.01. Other Events On March 5, 2024, the Company issued a press release announcing the pricing of the Offering. A copy of the press release is filed as Exhibit 99.1 hereto and is incorporated into this Item 8.01 by reference. On March 7, 2024, the Company issued a press release announcing the closing of the Offering. A copy of the press release is filed as Exhibit 99.2 hereto and is incorporated into this Item 8.01 by reference.

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 1.1 Underwriting Agreement, dated March 5, 2024, by and between Planet 13 Holdings Inc. and Canaccord Genuity LLC, as representative of the several underwriters listed in Schedule A thereto. 4.1 Warrant Agency Agreement, dated March 7, 2024, by and between Planet 13 Holdings Inc. and Odyssey Transfer US Inc. 4.2 Form of Warrant to purchase common stock. 5.1 Legal Opinion of Holley Driggs, Ltd. 5.2 Legal Opinion of Cozen O'Connor P.C. 23.1 Consent of Holley Driggs, Ltd. (included in Exhibit 5.1 ). 23.2 Consent of Cozen O'Connor P.C. (included in Exhibit 5.2 ). 99.1 Press Release dated March 5, 2024. 99.2 Press Release dated March 7, 2024. 104 Cover Page Interactive Data File – the cover page XBRL tags are embedded within the Inline XBRL document. 4

SIGNATURES

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 thereunto duly authorized. Planet 13 Holdings Inc. Date: March 7, 2024 By: /s/ Robert Groesbeck Name: Robert Groesbeck Its: Co-Chief Executive Officer Date: March 7, 2024 By: /s/ Larry Scheffler Name: Larry Scheffler Its: Co-Chief Executive Officer 5

View Full Filing

View this 8-K filing on SEC EDGAR