TerrAscend Schedules Special Meeting of Shareholders in Preparation for U.S. Stock Exchange Uplisting

Executive Summary

• TerrAscend Corp. filed a notice to hold a Special Meeting of Shareholders on August 24, 2026 to approve a common share consolidation.
• The consolidation is a strategic step to meet share price criteria required for a potential uplisting to a major U.S. stock exchange.
• The record date for the meeting is June 30, 2026, with a management information circular detailing the consolidation ratio and related terms to be filed with the SEC and SEDAR+ ahead of the vote.

Key Details

• Special Meeting Date: August 24, 2026
• Record Date: June 30, 2026
• Proposed Action: Share consolidation of common shares (specific ratio to be disclosed in the upcoming management information circular)
• Strategic Objective: Position the company to meet share price thresholds for a potential uplisting to a major U.S. exchange
• Compliance Context: The Board believes the steps are prudent to be prepared to act on uplisting opportunities when criteria are met
• Filing Schedule: Management information circular to be filed with the SEC and on SEDAR+ prior to the Special Meeting

Notable Quotes

• “The regulatory progress that has occurred over the past several months is real and meaningful. We believe uplisting to a major U.S. exchange is no longer a question of if, it is a question of when,” said Jason Wild, Executive Chairman of TerrAscend. “We have been positioning the Company for this moment since 2022 when we became an SEC filer. More recently, we have been in consultation with the U.S. stock exchanges. This shareholder vote is an important step, and we look forward to sharing additional details ahead of the meeting.”