Form 4: Mindset Value Wellness Fund LP Acquires Additional Shares in Grown Rogue International Inc.

Mindset Value Wellness Fund LP, along with related entities, acquired 9,200 shares of Grown Rogue International Inc. at $0.67 per share, increasing their total holdings to 35,305,542 shares.

Summary

• Mindset Value Wellness Fund LP, along with related entities including Mindset Value Fund LP, W&GP Fund 1 LLC, and Mindset Capital LLC, reported the acquisition of 9,200 shares of Grown Rogue International Inc. common stock.
• The shares were acquired on December 3, 2024, at a price of $0.67 per share.
• Following this transaction, the total shares beneficially owned by these entities collectively amount to 35,305,542 shares.
• Aaron Edelheit, as the Managing Member of Mindset Capital LLC, which serves as the General Partner of the Funds, has the power to vote and dispose of these shares.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it is a standard transaction report. There is no indication of positive or negative sentiment, just a factual reporting of a share purchase.

Positives

• The acquisition of additional shares by Mindset Value Wellness Fund LP indicates a continued investment in Grown Rogue International Inc.
• The purchase at $0.67 per share suggests a specific valuation point for the transaction.

Risks

• The document does not provide any specific risks, but the concentration of ownership by Mindset entities could pose a risk if their investment strategy changes.

Industry Context

This filing reflects a specific transaction by a major shareholder in Grown Rogue International Inc., which is a company in the cannabis industry. Such filings are common and provide transparency into ownership changes.

Comparison to Industry Standards

• Form 4 filings are standard practice for reporting changes in beneficial ownership by insiders and major shareholders in publicly traded companies.
• The transaction is typical for investment funds adjusting their positions in portfolio companies.

Stakeholder Impact

• The increased ownership by Mindset entities could be viewed positively by other shareholders, indicating confidence in the company.
• The transaction provides transparency to the market regarding the ownership structure of Grown Rogue International Inc.

Key Dates

Keywords

Grown Rogue International Inc., Mindset Value Wellness Fund LP, share acquisition, Aaron Edelheit, Mindset Capital LLC, GRUSF, beneficial ownership