Planet 13 agrees to be acquired by Vireo Growth in all-stock deal

Reuters2026/07/31 10:05

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

Vireo Growth agreed to acquire Planet 13 in a stock-for-stock deal via a merger, leaving Planet 13 as a wholly owned Vireo subsidiary.
Planet 13 shareholders will receive 0.015383618 Vireo subordinate voting shares per Planet 13 share at closing.
RSU awards will vest immediately before closing, with underlying shares issued then converted into the same stock consideration.
Underwater options will be canceled for no consideration; remaining options convert into Vireo options, subject to the exchange ratio.
Planet 13 may owe a USD 1.8 million termination fee in specified scenarios, including a competing deal within nine months of termination.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Planet 13 Holdings Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001437749-26-025119), on July 31, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

Planet 13 agrees to be acquired by Vireo Growth in all-stock deal

You may also like

Crypto prices