iAnthus Capital Holdings Inc (ITHUF)

[Pennyes]

Restructuring by issuing shares, is this real no's?, not sure if there is an error?. Are they going to issue Billions of shares? or in Millions?

a proposed recapitalization transaction (the "Recapitalization Transaction") to be implemented by way of a court-approved plan of arrangement ("Plan of Arrangement") under the Business Corporations Act ( British Columbia ). If consummated, the Company intends to issue up to an aggregate of 6,072,579,699 common shares upon the extinguishment of (i) $22.5 million of Secured Notes (including the Exit Fees), (ii) $40.0 million of Unsecured Debentures, including interest accrued thereon, and (iii) interest accrued on the interim financing in the amount of $14.7 million provided by the Secured Lenders.