SNDL Inc. Files April 2025 6-K Report

TL;DR

SNDL filed its April 6-K, check the news release for updates.

AI Summary

SNDL Inc. filed a Form 6-K on April 9, 2025, reporting for the month of April 2025. The filing includes a news release dated April 9, 2025, as Exhibit 99.1. The company, formerly known as Sundial Growers Inc., is incorporated in Alberta and its Chief Financial Officer, Alberto Paredero Quiros, signed the report.

Why It Matters

This filing provides an update on SNDL Inc.'s regulatory disclosures for April 2025, including a news release that may contain important operational or financial information for investors.

Risk Assessment

Risk Level: low — This is a routine filing (6-K) that primarily serves as a cover for other documents like news releases, with no immediate indication of significant new risks.

Key Players & Entities

• SNDL Inc. (company) — Registrant
• Alberto Paredero Quiros (person) — Chief Financial Officer
• Sundial Growers Inc. (company) — Former company name
• April 9, 2025 (date) — Filing date and news release date

FAQ

From the Filing

0001279569-25-000367.txt : 20250409 0001279569-25-000367.hdr.sgml : 20250409 20250409085930 ACCESSION NUMBER: 0001279569-25-000367 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 4 CONFORMED PERIOD OF REPORT: 20250409 FILED AS OF DATE: 20250409 DATE AS OF CHANGE: 20250409 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 EIN: 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: 25823941 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 April 2025 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: April 9, 2025 By: /s/ Alberto Paredero Quiros Name: Alberto Paredero Quiros Title: Chief Financial Officer EXHIBIT Exhibit Description of Exhibit 99.1 News Release dated April 9, 2025 EX-99.1 2 ex991.htm NEWS RELEASE DATED APRIL 9, 2025 Exhibit 99.1 SNDL Enters into Agreement to Acquire Cost Cannabis and T Cannabis Locations from 1CM EDMONTON, AB and TORONTO, April 9, 2025 /CNW/ - SNDL Inc. (Nasdaq: SNDL) (" SNDL ") and 1CM Inc. (CSE: EPIC) (OTCQB: MILFF) (FSE: IQ70) (" 1CM ") are pleased to announce that they have entered into an arrangement agreement (the " Agreement ") pursuant to which SNDL will acquire 32 cannabis retail stores (the " Transaction ") operating under the Cost Cannabis and T Cannabis banners in Ontario, Alberta and Saskatchewan (the " 1CM Stores "). Unless otherwise specified herein, all amounts are in Canadian currency. Under the terms of the Agreement, SNDL will acquire, with the option to assign, the 1CM Stores for total consideration (the " Purchase Price ") of $32.2 million in cash, subject to certain adjustments at the closing of the Transaction (the " Closing "). The 1CM Stores are comprised of 2 stores in Alberta, 3 stores in Saskatchewan and 27 stores located in Ontario. The 1CM Stores generated annual revenue of an aggregate of $53 million the fiscal year ended August 31, 2024 with 30 active stores at the fiscal year end. The acquisition of the 1CM Stores will bring SNDL's total owned and franchised cannabis retail store count to 219. "We are excited to expand SNDL's retail network and reinforce our leadership in Canada," said Zach George, Chief Executive Officer of SNDL. "The addition of these locations will increase SNDL's exposure to a broad consumer base in key Canadian markets and aligns with our stated capital priorities as we build a sustainable cannabis retail portfolio at scale." Tanvi Bhandari, Chief Executive Officer of 1CM added, "We are excited about the opportunity to unlock shareholder value with this transaction. We look forward to assisting SNDL with the transition and remain available to guide the company in its Canadian retail operations." 1CM Board Recommendation 1CM's b