Curaleaf Confirms 1-for-3 Reverse Stock Split Effective June 5

Curaleaf Holdings, Inc. confirmed that its previously announced 1-for-3 reverse stock split of subordinate voting shares will become effective on June 5, 2026. This action will reduce the company's outstanding subordinate voting shares from approximately 698.7 million to about 232.9 million. Additionally, a concurrent 1-for-3 consolidation of multiple voting shares will occur to maintain relative shareholder rights. Registered shareholders will receive a letter of transmittal, while beneficial shareholders should contact their intermediaries.