TILT Holdings Inc. Shareholder Meeting for Enroot Merger

TL;DR

TILT Holdings shareholders met to vote on the Enroot merger. Big changes ahead.

AI Summary

TILT Holdings Inc. announced on June 11, 2024, that it held a special meeting of its shareholders. The primary purpose of this meeting was for shareholders to vote on a proposed business combination with Enroot, Inc. The company also reported on other events and filed financial statements and exhibits related to this transaction.

Why It Matters

This filing indicates a significant step towards a potential merger between TILT Holdings and Enroot, which could substantially alter the company's structure and future operations.

Risk Assessment

Risk Level: medium — The outcome of the shareholder vote and the successful completion of the merger with Enroot present significant risks and uncertainties for TILT Holdings.

Key Players & Entities

• TILT Holdings Inc. (company) — Registrant
• Enroot, Inc. (company) — Proposed business combination partner
• June 11, 2024 (date) — Date of earliest event reported

FAQ

Filing Documents

• tilt-20240611x8k.htm (8-K) — 51KB
• tilt-20240611xex99d1.htm (EX-99.1) — 11KB
• 0001558370-24-009094.txt ( ) — 173KB
• tilt-20240611.xsd (EX-101.SCH) — 3KB
• tilt-20240611_lab.xml (EX-101.LAB) — 14KB
• tilt-20240611_pre.xml (EX-101.PRE) — 9KB
• tilt-20240611x8k_htm.xml (XML) — 4KB

07 Submission of Matters to a Vote of Security Holders

Item 5.07 Submission of Matters to a Vote of Security Holders. TILT Holdings Inc. (the "Company") held its 2024 Annual General Meeting of Stockholders (the "Annual Meeting") on June 11, 2024. Proxies for the Annual Meeting were solicited pursuant to Section 14(a) of the Securities Exchange Act of 1934, as amended. At the Annual Meeting, the Company's stockholders voted on two proposals. The proposals are described in detail in the Company's Proxy Statement on Schedule 14A, which was filed with the Securities and Exchange Commission on April 26, 2024. Present at the Annual Meeting in person or by proxy were holders representing 90,792,876 shares of the Company's Class A Common, representing approximately 26.42% of the eligible votes, constituting a quorum. Set forth below are the final voting results for each of the proposals submitted to a vote of the stockholders. (a) Proposal No. 1. To elect five directors of the Company to hold office until their successors are elected at the next annual general meeting of the Company. Nominee Votes For Withheld John Barravecchia 34,417,616 3,752,311 Tim Conder 34,212,853 3,957,074 Adam Draizin 34,556,221 3,613,706 George Odden 33,596,261 4,573,666 Arthur Smuck 34,106,106 4,063,821 With respect to the foregoing Proposal No. 1, all five directors were elected to serve as a director until their successors are elected at the next annual general meeting of the Company and each received a plurality of votes at the Annual Meeting. (b) Proposal No. 2. To re-appoint Macias Gini & O'Connell LLP ("MGO") as the auditors of the Company for the ensuing year and to authorize the directors of the Company to fix the remuneration to be paid to the auditors. Votes For Withheld Abstentions 79,292,605 8,418,855 3,081,416 With respect to the foregoing Proposal No. 3, MGO is re-appointed as the auditors of the Company for the ensuing year and the directors of the Company are authorized to fix the remuneration paid to t

01 Other Events

Item 8.01 Other Events On June 12, 2024, the Company issued a press release announcing the results of the Annual Meeting.

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 99.1 Press Release dated June 12, 2024. 104 Cover Page Interactive Data File – the cover page XBRL tags are embedded within the Inline XBRL document. SIGNATURE 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. TILT Holdings Inc. Date: June 12, 2024 By: /s/ Tim Conder Name: Tim Conder Its: Chief Executive Officer

View Full Filing

View this 8-K filing on SEC EDGAR