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TILT Holdings Announces Pending Delisting from Cboe Canada

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TILT Holdings (OTCID: TLLTF) announced that trading in its securities was suspended on November 7, 2025 after the Supreme Court of British Columbia issued an initial order granting the company protection under the Companies’ Creditors Arrangement Act (CCAA). Cboe Canada notified TILT that trading of its common shares was suspended under Section 11.03 of the Cboe listing manual, and Cboe issued a bulletin to that effect. The company’s securities were also halted from quotation on the OTCID marketplace on November 7, 2025. Cboe’s Notice Letter states the common shares will be officially delisted on November 18, 2025, and there is no assurance the suspension will be lifted before delisting.

TILT Holdings (OTCID: TLLTF) ha annunciato che la negoziazione dei suoi titoli è stata sospesa il 7 novembre 2025 dopo che la Corte suprema della British Columbia ha emesso un ordine iniziale che concede al'azienda protezione ai sensi del Companies’ Creditors Arrangement Act (CCAA). Cboe Canada ha informato TILT che la negoziazione delle sue azioni ordinarie è stata sospesa ai sensi della Sezione 11.03 del manuale di quotazione Cboe, e Cboe ha pubblicato un bollettino in tal senso. Anche i titoli della società sono stati fermati dalla quotazione sul mercato OTCID il 7 novembre 2025. La Lettera di Notifica di Cboe indica che le azioni ordinarie saranno ufficialmente delistate il 18 novembre 2025, e non vi è alcuna garanzia che la sospensione sia rimossa prima della delisting.

TILT Holdings (OTCID: TLLTF) anunció que la negociación de sus valores fue suspendida el 7 de noviembre de 2025 después de que la Corte Suprema de British Columbia emitiera una orden inicial otorgando protección a la empresa bajo la Companies’ Creditors Arrangement Act (CCAA). Cboe Canada notificó a TILT que la negociación de sus acciones comunes fue suspendida de acuerdo con la Sección 11.03 del manual de listado de Cboe, y Cboe emitió un boletín al respecto. Los valores de la empresa también fueron detenidos de cotización en el mercado OTCID el 7 de noviembre de 2025. La Carta de Aviso de Cboe indica que las acciones comunes serán oficialmente eliminadas de la lista el 18 de noviembre de 2025, y no hay garantía de que la suspensión se levante antes de la eliminación de la lista.

TILT Holdings (OTCID: TLLTF)는 회사의 증권 거래가 2025년 11월 7일에 정지되었다고 발표했습니다. 이는 브리티시컬럼비아주 대법원이 회사에 기업 채권자 협정법(CCAA)에 따른 보호를 초기 명령으로 부여한 이후의 일입니다. Cboe Canada는 TILT에 보통주 거래가 Cboe 상장 규정 11.03조에 따라 정지되었음을 통지했고, 이에 대한 공문도 발행했습니다. 회사의 증권은 OTCID 마켓에서도 2025년 11월 7일에의견이 정지되었습니다. Cboe의 통지서는 보통주가 공식적으로 2025년 11월 18일에 상장폐지될 것이라고 명시하고 있으며, 상장폐지 이전에 정지가 해제될 보장은 없습니다.

TILT Holdings (OTCID: TLLTF) a annoncé que la négociation de ses titres a été suspendue le 7 novembre 2025 après que la Cour suprême de la Colombie-Britannique ait délivré une ordonnance initiale accordant à la société une protection en vertu de la Companies’ Creditors Arrangement Act (CCAA). Cboe Canada a informé TILT que la négociation de ses actions ordinaires a été suspendue en vertu de l’article 11.03 du manuel de cotation de Cboe, et Cboe a publié un bulletin à cet effet. Les titres de la société ont également été interrompus de la cotation sur le marché OTCID le 7 novembre 2025. La lettre de mise en garde de Cboe indique que les actions ordinaires seront officiellement déslistées le 18 novembre 2025, et aucune garantie n’est donnée que la suspension sera levée avant le retrait de la cote.

TILT Holdings (OTCID: TLLTF) gab bekannt, dass der Handel mit seinen Wertpapieren am 7. November 2025 ausgesetzt wurde, nachdem das Oberste Gericht von British Columbia eine erste Anordnung erlassen hatte, die dem Unternehmen Schutz gemäß dem Companies’ Creditors Arrangement Act (CCAA) gewährt. Cboe Canada teilte TILT mit, dass der Handel mit seinen Stammaktien gemäß Abschnitt 11.03 des Cboe-Listings-Handbuchs ausgesetzt wurde, und Cboe hat hierzu ein Bulletin veröffentlicht. Die Wertpapiere des Unternehmens wurden ebenfalls am OTCID-Markt am 7. November 2025 von der Quotierung gestoppt. Das Notice Letter von Cboe besagt, dass die Stammaktien offiziell am 18. November 2025 delistet werden, und es gibt keine Gewähr, dass die Aussetzung vor dem Delisting aufgehoben wird.

TILT Holdings (OTCID: TLLTF) أعلنت أن التداول في أوراقها المالية تم تعليقه في 7 نوفمبر 2025 بعد أن أصدر المحكمة العليا في كولومبيا البريطانية أمراً مبدئياً يمنح الشركة حماية بموجب Companies’ Creditors Arrangement Act (CCAA). أبلغت Cboe Canada TILT أن التداول في أسهمها العادية توقف بموجب القسم 11.03 من دليل الإدراج لدى Cboe، وأصدرت Cboe نشرة بهذا الخصوص. كما تم إيقاف أوراق الشركة من التداول في سوق OTCID في 7 نوفمبر 2025. وتفيد رسالة إشعار Cboe بأن الأسهم العادية ستُدرج رسمياً في 18 نوفمبر 2025، ولا يوجد ضمان بأن يُرفع التعليق قبل إزالة الإدراج.

Positive
  • Received initial CCAA protection order on November 7, 2025
Negative
  • Trading suspended on Cboe Canada as of November 7, 2025
  • OTCID quotation halted on November 7, 2025
  • Official delisting scheduled for November 18, 2025

SCOTTSDALE Ariz., Nov. 14, 2025 (GLOBE NEWSWIRE) -- TILT Holdings Inc. (“TILT” or the “Company”) (Cboe CA: TILT) (OTCID: TLLTF), a global provider of cannabis business solutions including inhalation technologies, cultivation, manufacturing, processing, brand development and retail, announced that, following its announcement on November 7, 2025 that the Supreme Court of British Columbia had issued an initial order granting the Company protection under the Companies’ Creditors Arrangement Act, R.S.C. 1985, c. C-36, as amended., trading in the securities of TILT were suspended.

On November 7, 2025, the Company received a letter (the “Notice Letter”) from Cboe Canada Inc. (“Cboe”) notifying the Company that, in accordance with Section 11.03 of the Cboe listing manual (the “Listing Manual”), trading in the Company’s common shares was suspended as of November 7, 2025. Cboe has also issued a bulletin to that effect. Additionally, on November 7, 2025, the Company’s securities were halted from quotation on the OTCID marketplace operated by OTC Markets Group, Inc.

The Notice Letter also stated that the Company’s common shares will be officially delisted as of November 18, 2025. There can be no assurance that the suspension will be lifted prior to the delisting.

About TILT

TILT is dedicated to helping cannabis businesses build their brands. Through a diverse portfolio of companies providing technology, hardware, cultivation and production, TILT services brands and cannabis retailers across North America, South America, Israel and the European Union. TILT’s core business is Jupiter Research LLC, a wholly-owned subsidiary and leader in the vaporization segment focused on hardware design, research, development and manufacturing. Jupiter recently received EU medical device certification for Europe's first handheld liquid inhalation device. Additionally, TILT operates Commonwealth Alternative Care, Inc., Inc. in Massachusetts, and Standard Farms Ohio, LLC in Ohio and is the permit holder of record for Standard Farms LLC in Pennsylvania. TILT is headquartered in Scottsdale, Arizona. For more information, visit www.tiltholdings.com.

Forward-Looking Information

This news release contains forward-looking information and statements (together, “forward-looking information”) under applicable Canadian and U.S. securities laws which are based on current expectations. Forward-looking information is provided for the purpose of presenting information about TILT management’s current expectations and plans relating to the future and readers are cautioned that such statements may not be appropriate for other purposes. Forward-looking information may include, without limitation, our future financial condition and results of operations; our access to capital and expectations with respect to liquidity, capital resources and our ability to continue as a going concern; estimates of future capital expenditures; our future revenues, cash flows and expenses; our plans to dispose of non-core plant touching assets; our appointment of the monitor; our ability to complete the restructuring process, including the implementation of the plan; our plans to restructure and refinance the senior notes and the indebtedness outstanding under our credit agreement; our plans to reestablish Jupiter Research and otherwise complete a comprehensive restructuring; our plans to complete a new debtor-in-possession credit facility and new replacement senior secured credit facility; our plans and expectations with respect to the operation of our business and ability to satisfy our obligations and payables during the restructuring; the future delisting of our common shares on the Cboe Canada Exchange and OTCID in the United States; our future business strategy and other plans and objectives for future operations; the success of our new innovations and newly certified medical devices, our future development opportunities and production mix; strengthening of TILT’s balance sheet, TILT’s expectations on reductions in corporate overhead and headcount and re-alignment of its business, TILT’s business strategy and growth opportunities, prospects, opportunities, priorities, targets, goals, ongoing objectives, milestones, strategies, and outlook of TILT, and includes statements about, among other things, future developments, the future operations, strengths and strategy of TILT. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “will”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or state that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”. These statements should not be read as guarantees of future performance or results. These statements are based upon certain material factors, assumptions and analyses that were applied in drawing a conclusion or making a forecast or projection, including TILT’s experience and perceptions of historical trends, the ability of TILT to maximize shareholder value, current conditions and expected future developments, as well as other factors that are believed to be reasonable in the circumstances.

Although such statements are based on management’s reasonable assumptions at the date such statements are made, there can be no assurance that such forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such forward-looking information. Accordingly, readers should not place undue reliance on forward-looking information. TILT assumes no responsibility to update or revise forward-looking information to reflect new events or circumstances unless required by applicable law.

By its nature, forward-looking information is subject to risks and uncertainties, and there are a variety of risk factors, many of which are beyond the control of TILT, and that may cause actual outcomes to differ materially from those discussed in the forward-looking information. Such risk factors include, but are not limited to, TILT’s ability to find a permanent successor executive, the impact of the announcement of the leadership change on TILT’s stock, performance, operations, results of operations, employees, suppliers and customers, TILT’s ability to successfully work through the leadership transition, TILT’s ability to execute on its business optimization strategy, capital preservation and cash generation, and reductions in corporate overhead and headcount and re-alignment of its business and those risks described under the heading “Item 1A Risk Factors” in the Annual Report on Form 10-K for the fiscal year ended December 31, 2024, and other subsequent reports filed by TILT with the United States Securities and Exchange Commission at www.sec.gov and on SEDAR+ at www.sedarplus.ca.

Company Contact:

Lynn Ricci, VP of Investor Relations & Corporate Communications
TILT Holdings Inc.
lricci@tiltholdings.com

Investor Relations Contact:

Sean Mansouri, CFA
Elevate IR
TILT@elevate-ir.com
720.330.2829


FAQ

Why was TILT Holdings (TLLTF) suspended from trading on November 7, 2025?

Trading was suspended after a Supreme Court of British Columbia initial order granted TILT protection under the Companies’ Creditors Arrangement Act.

When will TILT Holdings (TLLTF) be officially delisted from Cboe Canada?

Cboe Canada notified the company that common shares will be officially delisted on November 18, 2025.

Is TILT Holdings (TLLTF) still quoted on the OTCID market after November 7, 2025?

No. The company’s securities were halted from quotation on the OTCID marketplace on November 7, 2025.

Can the trading suspension for TILT Holdings (TLLTF) be lifted before the delisting date?

The company stated there is no assurance the suspension will be lifted prior to the scheduled delisting on November 18, 2025.

What does the CCAA initial order mean for TILT Holdings (TLLTF)?

The initial order grants the company protection under the Companies’ Creditors Arrangement Act, enabling restructuring steps under court supervision.
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