SNDL Inc. Files November 2024 6-K Report

Ticker: SNDL · Form: 6-K · Filed: 2024-11-15T00:00:00.000Z

Sentiment: neutral

Topics: 6-K, regulatory-filing, news-release

TL;DR

SNDL filed its Nov 6-K, includes a Nov 14 news release. Check it out.

AI Summary

SNDL Inc. filed a Form 6-K on November 15, 2024, reporting for the month of November 2024. The filing includes a news release dated November 14, 2024. The company, formerly known as Sundial Growers Inc., is incorporated in Alberta, Canada, and its fiscal year ends on December 31.

Why It Matters

This filing provides an update on SNDL Inc.'s regulatory disclosures, including a recent news release, which may contain important information for investors regarding the company's operations and financial status.

Risk Assessment

Risk Level: low — This filing is a routine report of foreign private issuer and does not contain significant new financial information or material events.

Key Players & Entities

FAQ

What is the purpose of a Form 6-K filing?

A Form 6-K is a report of foreign private issuers that are required to disclose, or make public, information that is required by the laws of the issuer's home country, or that is made public or is required to be made public pursuant to the laws of a stock exchange on which the issuer's securities are traded.

What is the filing date of this Form 6-K?

The filing date of this Form 6-K is November 15, 2024.

What is the period of report for this filing?

The conformed period of report is November 2024.

Who signed this Form 6-K on behalf of SNDL Inc.?

Alberto Paredero Quiros, Chief Financial Officer, signed the Form 6-K on behalf of SNDL Inc.

What exhibits are included with this Form 6-K?

This Form 6-K includes Exhibit 99.1, a News Release dated November 14, 2024.

From the Filing

0001279569-24-001392.txt : 20241115 0001279569-24-001392.hdr.sgml : 20241115 20241115062807 ACCESSION NUMBER: 0001279569-24-001392 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20241114 FILED AS OF DATE: 20241115 DATE AS OF CHANGE: 20241115 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SNDL Inc. CENTRAL INDEX KEY: 0001766600 STANDARD INDUSTRIAL CLASSIFICATION: MEDICINAL CHEMICALS & BOTANICAL PRODUCTS [2833] ORGANIZATION NAME: 03 Life Sciences IRS NUMBER: 000000000 STATE OF INCORPORATION: A0 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-39005 FILM NUMBER: 241465798 BUSINESS ADDRESS: STREET 1: 919 11 AVENUE SW STREET 2: SUITE 300 CITY: CALGARY STATE: A0 ZIP: T2R1P3 BUSINESS PHONE: 14039485227 MAIL ADDRESS: STREET 1: 919 11 AVENUE SW STREET 2: SUITE 300 CITY: CALGARY STATE: A0 ZIP: T2R1P3 FORMER COMPANY: FORMER CONFORMED NAME: Sundial Growers Inc. DATE OF NAME CHANGE: 20190131 6-K 1 sndl6k.htm FORM 6-K UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 Form 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 OF THE SECURITIES EXCHANGE ACT OF 1934 For the month of November 2024 Commission File Number 001-39005 SNDL INC. (Registrant’s name) #300, 919 - 11 Avenue SW Calgary, AB T2R 1P3 Tel.: (403) 948-5227 (Address of principal executive offices) Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F: Form 20-F ☐ Form 40-F ☒ 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. SNDL INC. Date: November 14, 2024 By: /s/ Alberto Paredero Quiros Name: Alberto Paredero Quiros Title: Chief Financial Officer EXHIBIT Exhibit Description of Exhibit 99.1 News Release dated November 14, 2024 EX-99.1 2 ex991.htm NEWS RELEASE DATED NOVEMBER 14, 2024 Exhibit 99.1 SNDL Announces Renewal of Share Repurchase Program CALGARY, AB, Nov. 14, 2024 /CNW/ - SNDL Inc. (Nasdaq: SNDL) (" SNDL " or the " Company ") announced today that its board of directors (the " Board ") has approved the renewal of its share repurchase program (the " Share Repurchase Program ") upon the expiry of its current share repurchase program on November 20, 2024. The Share Repurchase Program authorizes the Company to repurchase up to C$100 million (the " Share Repurchase Amount ") of its outstanding common shares (" shares ") from time to time at prevailing market prices, enabling SNDL to opportunistically return value to shareholders. Pursuant to the Share Repurchase Program, SNDL may purchase shares from time to time at the discretion of management through open market purchases, privately negotiated transactions, block trades, derivatives, accelerated or other structured share repurchase programs, or other means. The manner, timing, pricing and amount of any transactions will be subject to the discretion of SNDL and may be based upon market conditions, regulatory requirements and alternative opportunities that SNDL may have for the use or investment of its capital. Notwithstanding the Share Repurchase Amount, SNDL may only repurchase a maximum of approximately 13.2 million shares under the Share Repurchase Program, representing 5% of the issued and outstanding shares when the Share Purchase Program commences. Subject to the foregoing limitations, the Share Repurchase Program will commence on November 21, 2024, and expire on November 20, 2025. The Share Repurchase Program does not obligate the Company to repurchase any minimum number of shares and repurchases may be suspended or terminated at any time at the Company's discretion. The Company will determine the actual number of shares that may be repurchased pursuant to the Share Repurchase Program and the timing of any repurchases. Th

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