Village Farms International, Inc. 8-K

What Happened
Village Farms International, Inc. announced on Feb. 20, 2026 that it amended its Canadian cannabis credit facility with Canadian Imperial Bank of Commerce (CIBC). The Amendment increases loan commitments by CAD $15 million, extends existing loan maturities by one year to February 2029, and provides the Company a delayed-draw term loan facility from which it drew an initial CAD $5 million on Feb. 20, 2026. The Company issued a press release on Feb. 23, 2026 describing the Amendment.

Key Details

• Amendment increases CIBC commitments by CAD $15.0 million.
• Initial draw of CAD $5.0 million taken on Feb. 20, 2026 (delayed-draw term loan).
• Existing maturities extended by one year to February 2029; otherwise loan terms remain unchanged.
• The Amendment will be filed as an exhibit to Village Farms’ Form 10-Q for the quarter ended Mar. 31, 2026; a related press release is furnished as Exhibit 99.1.

Why It Matters
This amendment provides additional liquidity and extends the debt timeline for Village Farms’ Canadian cannabis operations, which can help the company manage near-term cash needs and financing flexibility. For investors, the CAD $5 million initial draw and the available additional CAD $10 million of delayed funding (within the CAD $15 million increase) reduce short-term refinancing pressure while keeping the rest of the credit terms intact.