Ascend Wellness seeks shareholder approval for 1-for-10 to 1-for-50 reverse stock split

The move targets minimum bid-price thresholds for a national exchange. There is no assurance an uplisting will occur or that the price rise will hold.

The record date is July 7, 2026, and 203,033,639 Class A common shares were outstanding.

Ascend Wellness Holdings has set an Aug. 28, 2026 shareholder vote on a reverse stock split to support a planned uplisting to a major U.S. exchange.

The board can implement a 1-for-10 to 1-for-50 share consolidation, or opt not to proceed, depending on listing requirements.