Item 8.01 Other Events.



On February 2, 2023, iAnthus Capital Holdings, Inc. (the "Company") issued a press release announcing an amendment (the "Amendment") to the secured bridge notes (the "Notes") originally issued by iAnthus New Jersey, LLC, a wholly-owned subsidiary of the Company, on February 2, 2021 in the aggregate principal amount of $11 million. Pursuant to the Amendment entered into with certain related-party lenders, (i) the maturity date of the Notes was extended from February 2, 2023 to February 2, 2024 (the "Maturity Date"), (ii) the interest rate of the Notes was increased from 8% per annum to 12% per annum and (iii) a fee for the Amendment equal to 10% of the principal amount of the Notes, or $1.4 million in the aggregate, was added to the Notes such that it will become due and payable on the Maturity Date.

A copy of the press release is attached hereto as Exhibit 99.1, and the information contained therein is incorporated herein by reference.




  Item 9.01 Financial Statements and Exhibits.




(d) Exhibits.



Exhibit No.   Description
   99.1         Press release dated February 2, 2023
    104       Inline XBRL for the cover page of this Current Report on Form 8-K

© Edgar Online, source Glimpses