SEURITIES AND EXCHANGE COMMISSION
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 (
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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.
|THE GREENROSE HOLDING COMPANY INC.|
|Date: October 20, 2022||By:||/s/ Tim Bossidy|
|Title:||Interim Chief Executive Officer|