Ascend seeks reverse split vote as it prepares for a U.S. exchange listing

Published Jul 14, 2026

Ascend Wellness filed a proxy for an Aug. 28 shareholder vote authorizing a reverse split between 1-for-10 and 1-for-50 as a step toward a major U.S. exchange listing, while warning that no listing is guaranteed. The move extends the post-rescheduling capital-markets race among multistate operators and gives Oklahoma businesses a concrete signal that public-company access to capital and acquisition capacity may be widening.