iANTHUS CAPITAL HOLDINGS, INC. 8-K

What Happened

• iAnthus Capital Holdings, Inc. (ITHUF) announced on Feb 17, 2026 (8-K filed Feb 19, 2026) that it and its subsidiary iAnthus New Jersey, LLC entered into amendments to the senior secured bridge notes issued Feb 2, 2021.
• The amendments extend the maturity date of the affected Bridge Notes from February 16, 2026 to June 24, 2027 and require an amendment fee equal to 2% of the principal balance, payable on the new maturity date.
• The amendments were made with certain related‑party lenders (including funds managed by affiliates of Gotham Green Partners, Oasis Management, and Senvest) and the collateral agent. A press release (Exhibit 99.1) was attached to the filing.

Key Details

• Original maturity: February 16, 2026; New maturity: June 24, 2027 (approx. 16‑month extension).
• Amendment fee: 2% of the principal amount as of the amendment date, payable on the amended maturity date.
• Outstanding principal: approximately US$8.4 million as of February 16, 2026.
• Notes were originally issued on February 2, 2021; counterparties include related‑party lenders.

Why It Matters

• The extension pushes the company’s near‑term debt repayment date into mid‑2027, reducing immediate refinancing or repayment pressure tied to these Bridge Notes.
• The amendment carries a cost (2% fee) and affects about $8.4M of outstanding principal—important for assessing near‑term cash needs and liquidity.
• Because the lenders are related parties, this is a negotiated, insider arrangement rather than a new external financing; investors should note the change but also look for any additional disclosures about broader liquidity, covenants, or other financing actions in future filings.