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Filing Details

Accession Number:: 0001019056-22-000301
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2022-04-01 16:30:45
Reporting Period:: 2022-03-25

Accepted Time:: 2022-04-01 16:30:45
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1778129	Terrascend Corp.	TRSSF	()	DE

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1082644	Jw Partners, Lp	14 North Lake Road Armonk NY 10504		No	No	Yes	No
1549738	Jw Asset Management, Llc	14 North Lake Road Armonk NY 10504	Executive Chairman	Yes	Yes	Yes	No
1778482	J.w. Opportunities Master Fund, Ltd.	27 Hospital Road George Town Grand Cayman E9 KY1-9008		No	No	Yes	No
1778512	Jw Gp, Llc	14 North Lake Road Armonk NY 10504		No	No	Yes	No
1778752	G. Jason Wild	14 North Lake Road Armonk NY 10504		No	No	Yes	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Shares	Disposition	2022-03-25	4,764	$5.40	90,204,738	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Direct

Footnotes

This Form 4 is being filed by JW Asset Management, LLC (the "Advisor") on behalf of itself and JW Partners, LP ("JWP"), JW Opportunities Master Fund, Ltd ("JWO"), JW GP, LLC (the "General Partner"), and Jason G. Wild ("Wild" and, together with the Advisor, JWP, JWO, and the General Partner, the "Reporting Persons"). The Advisor serves as the investment advisor of JWP and JWO. The General Partner serves as general partner to JWP and the manager of JWO. Wild is the managing member of the Advisor and the General Partner.
The amount of 4,764 in item 4 of Table I reflect the 4,764 Common Shares sold by Wild on March 25, 2022 due to administrative error by the Issuer's restricted stock administrator as a tax withholding sale at CAD 6.74 per share and did not reflect the investment intent of the Reporting Persons. The Reporting Persons are calculating any profit realized from the inadvertent transaction and will promptly disgorge the same to the Issuer should an exemption for the transaction be unavailable. 11,962 restricted stock units vested on March 25, 2022 resulting in Wild receiving 11,962 Common Shares of which 4,764 were inadvertently sold. In accordance with Instruction 4(b)(iv) of Form 4, the entire amount of the Issuer's securities held by the Reporting Persons is reported herein.
(Footnote 2 Continued). Each of the Advisor, Wild and the General Partner, disclaims, for purposes of Section 16 of the Securities Exchange Act of 1934, beneficial ownership of such securities, except to the extent of its or his indirect pecuniary interest therein, and this report shall not be deemed an admission that either the Advisor, Wild or the General Partner are the beneficial owner of such securities for purposes of Section 16 or for any other purposes.
The amount of 90,204,738 in item 5 of Table I includes 1,790,231 direct non-derivative Common Shares beneficially owned by Wild.