Verano Holdings Corp 8-K/A, filed Aug 8, 2024
Verano Holdings Corp. (VRNO)
About this 8-K/A
Verano Holdings Corp filed this 8-K/A on August 8, 2024, reporting on events of June 20, 2024.
Items reported
- Item 5.07: Shareholder vote results
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Explanatory Note
This current report on Form 8-K/A (the “Amendment”) amends the Current Report on Form 8-K dated June 25, 2024 filed by Verano Holdings Corp. (the “Company”) with the U.S. Securities and Exchange Commission (the “Original Form 8-K”). The Original Form 8-K reported the final voting results of the Company’s 2024 Annual General Meeting of Shareholders held on June 20, 2024 (the “2024 Annual Meeting”). The sole purpose of this Amendment is to disclose the Company’s decision regarding how frequently it will conduct future stockholder advisory votes to approve the compensation of the Company’s named executive officers (“Say-on-Pay”). No other changes have been made to the Original Form 8-K.
| Item 5.07 | Submission of Matters to a Vote of Security Holders. |
(d) As previously reported in the Original Form 8-K, at the 2024 Annual Meeting, a non-binding advisory vote was conducted on the frequency of future Say-on-Pay votes. Approximately 97% of the shares voting on the matter voted in favor of an annual frequency for Say-on-Pay votes. In response to the voting results and other factors, and in accordance with the original recommendation, the Company’s Board of Directors determined that the Company will hold an advisory vote for Say-on-Pay every year. As a result, a Say-on-Pay vote will be held each year until the next vote on the frequency of such advisory vote is conducted.
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 hereunto duly authorized.
| VERANO HOLDINGS CORP. | ||
| Date: August 8, 2024 | By: | /s/ Laura Marie Kalesnik |
| Name: | Laura Marie Kalesnik | |
| Title: | Chief Legal Officer, General Counsel and Secretary | |