Gold Flora CORP

Market Movers (8-K)

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Gold Flora Corporation's stock and warrants were suspended from trading on Cboe Canada and halted on the OTCQB marketplace following the company's filing for receivership.
Worse than expected
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Gold Flora Corporation, a California-based cannabis company, has filed for receivership due to legacy lawsuits, mounting operational costs, and high-yield debt, including a notice of default from J.J. Astor & Co. for approximately $11.5 million.
Worse than expected
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Gold Flora Corporation has closed an additional $2 million draw on its senior loan facility, bringing the total funding to $11.15 million.
Capital raise
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Gold Flora Corporation's stockholders approved a reverse stock split and a potential share issuance at a special meeting held on November 26, 2024.
Capital raise
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Mark Castaneda will resign from the Gold Flora Corporation Board of Directors, effective November 30, 2024.
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Gold Flora Corporation announced its Q3 2024 financial results, reporting $32.6 million in revenue and a positive adjusted EBITDA of $2.8 million.
Better than expected
Capital raise

Quarterly Earnings (10-Q)

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Gold Flora Corporation's Q3 2024 results show a mixed performance with increased wholesale revenue offset by a net loss, and ongoing efforts to streamline operations and expand its brand presence.
Worse than expected
Capital raise
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Gold Flora Corporation's Q2 2024 results show a significant increase in revenue compared to the previous year, but the company still reports a net loss.
Worse than expected
Capital raise
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Gold Flora Corporation's first quarter 2024 results show a significant revenue increase of 105% compared to the same period last year, driven by both wholesale and retail growth.
Worse than expected
Capital raise

Annual Reports (10-K)

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Gold Flora Corporation released its full year 2023 results, highlighting the impact of its merger with TPCO and strategic restructuring efforts.
Capital raise
Worse than expected

Insider Trading (Form 4)

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Director Albert John Foreman reports the vesting of restricted stock units into common shares of Gold Flora Corp.
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Brian Feldman, Chief Legal Officer of Gold Flora Corp., reports the acquisition of 1,000,000 non-qualified options on February 28, 2025.
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Director Albert Foreman of Gold Flora Corp. reports the vesting of 8,375 restricted stock units, converting to an equal number of common shares.
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Director Mark Castaneda reports the vesting of restricted stock units into common shares of Gold Flora Corp.
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Director Albert John Foreman reports the vesting of restricted stock units into common shares of Gold Flora Corp.
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Director Mark Castaneda reports acquiring shares of Gold Flora Corp. through the vesting of restricted stock units.

Proxy Statements (Def-14A)

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Gold Flora Corporation is holding a special meeting of stockholders on November 26, 2024, to vote on proposals including a reverse stock split and approval for potential share issuance related to a loan agreement.
Capital raise
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Gold Flora Corp. has amended its by-laws to reduce the quorum requirement for stockholder meetings to one-third of the voting power, effective for the upcoming Annual Meeting on June 14, 2024.
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Gold Flora Corporation has filed a definitive proxy statement with the SEC.
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Gold Flora Corporation has scheduled its 2024 Annual Meeting of Stockholders for June 14, 2024, to elect directors and ratify the appointment of its independent registered public accounting firm.

New Public Companies (S-1)

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Gold Flora Corporation has filed a registration statement for the resale of up to 235,775,194 shares of its common stock, potentially issuable upon conversion of notes from a loan agreement with J.J. Astor & Co.
Capital raise
Worse than expected