Cls Holdings Usa, INC

CLS Holdings USA, Inc. announced the resignation of Charlene Magee, Executive Vice President of Finance, effective June 30, 2025.

CLS Holdings USA, Inc. stockholders have approved an unprecedented 1-for-4,000,000 reverse stock split, enabling the company to deregister from public reporting obligations in the U.S. and Canada.

CLS Holdings USA, Inc. entered into a $125,000 secured promissory note agreement with FK Legacy Trust to repay an existing debt obligation.

CLS Holdings USA, Inc. announced the termination of its Chief Operating Officer, Joseph Ramalho, effective December 17, 2024.

CLS Holdings USA has amended its convertible debenture terms, providing the company with an option to redeem outstanding debentures at a reduced price.

CLS Holdings USA, Inc. held its annual meeting on November 6, 2024, with shareholders approving the election of a director and the ratification of the company's accounting firm.

CLS Holdings USA, Inc. reports a decrease in revenue for Q3 2025, but shows progress in reducing debt and improving operational efficiency.

CLS Holdings USA, Inc. reports a reduced net loss for the quarter ended November 30, 2024, despite a decrease in revenue compared to the same period last year.

CLS Holdings USA reported a slight decrease in revenue and an increased net loss for the quarter ended August 31, 2024, compared to the same period last year.

CLS Holdings USA experienced a revenue decrease in Q3 2024 compared to Q3 2023, while also undertaking significant debt restructuring efforts.

CLS Holdings USA reported a decrease in revenue for the second quarter of fiscal year 2024, alongside ongoing efforts to restructure debt and improve financial stability.

CLS Holdings USA, Inc. reports a decrease in revenue for fiscal year 2024, alongside strategic efforts to reduce debt and navigate a changing cannabis market.

LEM Investments LLC reports a sale of 750,000 shares of CLS Holdings USA, Inc., reducing its ownership stake to below 10%.

Director Ross Silver sold 1,125,000 shares of CLS Holdings USA, Inc. at $0.0355 per share on November 1, 2024.

Patrick Haldan, a less than 10% holder of CLS Holdings USA, sold 750,000 shares of common stock at $0.04 per share on October 28, 2024.

Frank Koretsky reports increased beneficial ownership of CLS Holdings USA, Inc. common stock through transactions made by FK Legacy Trust.

Navy Capital Green Management and affiliated entities have reduced their holdings in CLS Holdings USA by entering into a Redemption Agreement to sell shares, warrants, and debentures back to the issuer.

Tribeca Investment Partners Pty Ltd has disposed of a significant portion of its holdings in CLS Holdings USA, Inc., including common shares and warrants, through a Redemption Agreement.

CLS Holdings USA, Inc. is seeking shareholder approval for a drastic 1-for-4,000,000 reverse stock split aimed at reducing its shareholder count to fewer than 15, enabling it to deregister with the SEC and delist from the Canadian Securities Exchange to save approximately $950,000 annually.

CLS Holdings USA, Inc. will hold its 2024 Annual Stockholders Meeting virtually on November 6, 2024, to elect a director, ratify the appointment of its accounting firm, and conduct other business.

Elmer Louis Werner III and LEM Investments LLC have filed an amended Schedule 13D, disclosing a reduction in their beneficial ownership of CLS Holdings USA, Inc. common stock to 9.93% after selling 750,000 shares.

LEM Investments LLC and Elmer Louis Werner III have disclosed a 9.9% beneficial ownership stake in CLS Holdings USA, Inc., primarily for investment purposes, and reported a recent sale of 750,000 shares.