Ayr Wellness Inc (AYRWF)

[Nelson2]

I am assuming this is a good thing:

The Transaction
The Transaction contemplates a series of steps and transactions that are designed to lead to the successful extension of 100% of the Corporation’s U.S.$243.3 million of Senior Notes for two years and the receipt of additional new money capital that will be used to address the Corporation’s indebtedness and for general working capital, which in turn will preserve and confirm the extension for two years of at least U.S.$87 million in other debt obligations, including U.S.$73.3 million of Seller Notes (as defined in the Plan).

GLTA