Key Highlights

• IAnthus Capital Holdings Inc. (OTC: ITHUF) shareholders elected five directors at the annual meeting.

• PKF O’Connor Davies was reappointed as auditor for the upcoming fiscal period.

Shareholder Meeting Held

IAnthus Capital Holdings Inc. (OTC: ITHUF) recently convened its annual general meeting. The record date for the event was May 6, when the company reported the number of common shares eligible to participate.

Quorum Achieved

Shareholders were represented in sufficient numbers to meet quorum requirements, with the total shares present or voted by proxy matching the figure referenced in the company’s disclosure. The vote addressed several governance matters, including the election of directors and the selection of an auditor.

Board Election Results

Five directors were elected by shareholders to serve on the board until the next annual meeting or until their successors are duly appointed. The vote reflects a standard governance process for the company, which operates in the regulated cannabis sector across multiple U.S. States.

Auditor Reappointment

PKF O’Connor Davies, LLP was approved to continue serving as the company’s independent auditor. The board was also granted authority to finalize the auditor’s compensation for the engagement.

Press Release Issued

IAnthus Capital issued a press release on the same day as the meeting, detailing the outcomes of the shareholder votes. The release provided clarity on the decisions made during the session, as referenced in the attached exhibit.

SEC Filing Context

The results of the vote were formally disclosed in a filing submitted to the U.S. Securities and Exchange Commission. The document cited a proxy statement dated in May, outlining the proposals presented to shareholders.

Investor Implications

The approved measures reinforce the company’s governance framework, demonstrating shareholder participation in key decisions. For a cannabis operator navigating regulatory and market challenges, such governance updates are a routine but essential part of maintaining investor confidence. The reappointment of a recognized auditor and the election of a full board signal continuity in oversight as the company pursues its strategic objectives.

This article is for informational purposes only and does not constitute financial advice. Please consult a licensed financial adviser before making investment decisions.