JW Asset Management, LLC - 27 Aug 2025 Form 4 Insider Report for TerrAscend Corp. (TSNDF)

Signature
JW Asset Management, LLC /s/ Jason Klarreich Jason Klarreich, Attorney-In-Fact
Issuer symbol
TSNDF
Transactions as of
27 Aug 2025
Transactions value $
$0
Form type
4
Filing time
27 Aug 2025, 16:33:58 UTC
Previous filing
26 Aug 2025
Next filing
10 Nov 2025

Reporting Owners (4)

Name Relationship Address Signature Signature date CIK
JW Asset Management, LLC Executive Chairman, Director, 10%+ Owner 1051 N VENETIAN DRIVE, MIAMI BEACH JW Asset Management, LLC /s/ Jason Klarreich Jason Klarreich, Attorney-In-Fact 27 Aug 2025 0001549738
JW Partners, LP 10%+ Owner 1051 N VENETIAN DRIVE, MIAMI BEACH JW Asset Management, LLC /s/ Jason Klarreich Jason Klarreich, Attorney-In-Fact 27 Aug 2025 0001082644
JW GP, LLC 10%+ Owner 1051 N VENETIAN DRIVE, MIAMI BEACH JW Asset Management, LLC /s/ Jason Klarreich Jason Klarreich, Attorney-In-Fact 27 Aug 2025 0001778512
Wild Jason G. 10%+ Owner 1051 N VENETIAN DRIVE, MIAMI BEACH JW Asset Management, LLC /s/ Jason Klarreich Jason Klarreich, Attorney-In-Fact 27 Aug 2025 0001778752

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TSNDF Common Shares Sale $0 -8.42M -9.11% $0.00 83.9M 27 Aug 2025 See Footnotes F1, F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This Form 4 is being filed by JW Asset Management, LLC (the "Advisor") on behalf of itself and JW Partners, LP ("JWP"), JW GP, LLC (the "General Partner"), and Jason G. Wild ("Wild" and, together with the Advisor, JWP, and the General Partner, the "Reporting Persons"). The Advisor serves as the investment advisor of JWP. The General Partner serves as general partner to JWP. Wild is the managing member of the Advisor and the General Partner. Wild is the Trustee for the Wild Family Foundation and the Howard Wild 2012 Grandchildren's Trust.
F2 The amount of 8,415,414 in item 4 of Table I reflects the 8,415,414 Common Shares indirectly disposed of by the Advisor, the General Partner and Wild through two advised investment vehicles distributing such Common Shares to their investors, in one case because of dissolution and termination of that investment vehicle, and in the other case to facilitate planned redemption of the distributees' respective interests in the investment vehicle, requiring the filing of this statement. The distributions effectively lowered the holdings of certain Reporting Persons in the Issuer's Common Shares and were offered to all investors in both advised investment vehicles. Wild, who held investments in both advised investment vehicles, received a distribution as part of this transaction in the amount of 6,300,567 Common Shares. All other Reporting Persons received no distributions from either investment vehicles as part of this transaction.
F3 In accordance with Instruction 4(b)(iv) of Form 4, the entire amount of the Issuer's securities held by the Reporting Persons is reported herein. While a total of 14,715,981 Common Shares were distributed by the two investment vehicles in this transaction, 6,300,567 of those Common Shares were distributed to Wild and are therefore retained by the Reporting Persons. Accordingly, the amount of 8,415,414 Common Shares indirectly disposed of represents the net amount of Common Shares distributed to investors who are unaffiliated with the Reporting Persons. Each of the Advisor, Wild and the General Partner, disclaims, for purposes of Section 16 of the Securities Exchange Act of 1934, beneficial ownership of such securities, except to the extent of its or his indirect pecuniary interest therein, and this report shall not be deemed an admission that either the Advisor, Wild or the General Partner are the beneficial owner of such securities for purposes of Section 16 or for any other purposes.
F4 The amount of 83,940,245 in item 5 of Table I includes 10,916,914 direct non-derivative securities beneficially owned by Wild, including the RSUs previously reported.

Remarks:

Exhibit 99 - Information Regarding Joint Filers