Planet 13 Holdings Inc. 8-K

What Happened
Planet 13 Holdings, Inc. (PLNH) filed an 8-K reporting the results of its June 10, 2026 annual meeting of shareholders. Shareholders representing 192,477,800 common shares were present in person or by proxy. All seven director nominees were re-elected, shareholders approved an amendment to the 2023 Equity Incentive Plan to increase authorized shares for issuance from 32,000,000 to 52,000,000, and shareholders ratified Davidson & Company LLP as the company’s independent registered public accounting firm for fiscal 2026.

Key Details

• Quorum: 192,477,800 common shares represented at the meeting.
• Directors: Seven nominees re-elected (Robert Groesbeck; Larry Scheffler; Adrienne O’Neal; Kevin Martin; David Loop; Nancy Saitta; Leilani Bradford). Example vote totals — David Loop: 112,481,413 For / 2,514,764 Withheld; Robert Groesbeck: 98,684,780 For / 16,311,397 Withheld. Broker non-votes for director elections: 77,481,623.
• Equity plan amendment: Approved to increase available shares under the 2023 Equity Incentive Plan from 32,000,000 to 52,000,000 (vote: 94,405,520 For; 20,175,406 Against; 415,251 Abstain).
• Auditor ratification: Davidson & Company LLP ratified as independent registered public accounting firm for FY2026 (vote: 185,153,921 For; 5,237,410 Against; 2,086,469 Abstain).

Why It Matters
The approved increase to the equity incentive plan expands the pool of shares available for employee, director and other awards, which can support compensation and retention but also represents potential future share dilution for existing shareholders. Re-election of the full board maintains management and governance continuity. Ratification of the auditor ensures continuity in the company’s independent financial reporting for the upcoming fiscal year.