0001790665 false Greenrose Holding Co Inc. 0001790665 2022-10-14 2022-10-14 0001790665 GNRS:UnitseachconsistingofoneshareofcommonstockandonePinkredeemablewarrantMember 2022-10-14 2022-10-14 0001790665 GNRS:Commonstockparvalue0.0001pershareMember 2022-10-14 2022-10-14 0001790665 GNRS:Redeemablewarrantsexercisableforsharesofcommonstockatanexercisepriceof11.50pershareMember 2022-10-14 2022-10-14 iso4217:USD xbrli:shares iso4217:USD xbrli:shares






Washington, D.C. 20549





Pursuant to Section 13 or Section 15(d) of the Securities Exchange Act of 1934


Date of Report (Date of earliest event reported): October 20, 2022 (October 14, 2022)



(Exact name of Registrant as specified in its charter)


Delaware   001-39217   84-2845696
(State or other jurisdiction of
incorporation or organization)
  (Commission File Number)   (I.R.S. Employer
Identification Number)


111 Broadway    
Amityville, NY   11701
(Address of principal executive offices)   (Zip Code)


Registrant’s telephone number, including area code: (516) 346-6270


Not Applicable

(Former name or former address, if changed since last report)


Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation to the Registrant under any of the following provisions:


Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)


Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)


Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))


Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))


Indicate by check mark whether the Registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).


Emerging growth company 


If an emerging growth company, indicate by check mark if the Registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. 


Securities registered pursuant to Section 12(b) of the Act: 


Title of Each Class   Name of Each Exchange on Which Registered
Units, each consisting of one share of common stock and one Pink redeemable warrant   OTC
Common stock, par value $0.0001 per share   OTCQX
Redeemable warrants, exercisable for shares of common stock at an exercise price of $11.50 per share   OTCQB







Item 8.01 Other Events.


Engagement of Ducera Securities LLC


In connection with the previously disclosed review of strategic alternatives by The Greenrose Holding Company Inc. (the “Company”), its Board of Directors and Special Committee, on October 18, 2022, Ducera Securities LLC was engaged, to provide certain financial advisory and investment banking services, if requested, and advice on potential restructuring, sale, and/or other strategic transactions.


Extension of Forbearance Agreement


As previously disclosed, on October 12, 2022, the Company entered into that certain Forbearance Agreement with the Lenders party to the Credit Agreement dated November 26, 2021, and DXR Finance, LLC as Agent (the “Forbearance Agreement).


On October 19, 2022, the Company and the other parties to the Forbearance Agreement agreed to extend by one week the Forbearance Period (as defined in the Section 2.02 of the Forbearance Agreement). The Forbearance Period may be further extended with the consent of the parties thereto and the Company does not undertake any obligation to report such additional extensions.







Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.


Date: October 20, 2022 By: /s/ Tim Bossidy
  Name:   Tim Bossidy
  Title: Interim Chief Executive Officer