Akanda Corp. filings document the company's Form 6-K reports as a foreign private issuer, including shareholder meeting materials, proxy cards, meeting adjournments, and quorum-related disclosures. The filings also include articles of amendment and press releases tied to reverse stock splits and other capital-structure matters involving Akanda common shares.
The company's regulatory record also covers financing transactions, including convertible promissory notes, and operating updates from First Towers & Fiber Corp., Akanda's wholly owned telecommunications infrastructure subsidiary in Mexico. These disclosures describe dark fiber network assets, lease arrangements, customer relationships, corporate governance matters, and risk-language associated with Akanda's public-company reporting.
Akanda Corp. is offering up to 10,869,565 Common Shares at an assumed $1.38 each, with pre-funded warrants in lieu; each warrant covers one share and reduces the Common Shares offered one-for-one. The registration also covers up to 10,869,565 Common Shares issuable upon warrant exercise. Sales may begin only after the registration statement is declared effective; the offering is for $15,000,000 in gross proceeds.
Akanda estimates net proceeds of approximately $14,550,000 for capital expenditures, operating capacity, working capital, general corporate purposes, debt repayment or refinancing, and acquisitions. It expects to spend up to $3 million on IR Agency marketing and approximately $575,000 on debt repayment; other proceeds are not allocated to specific uses.
Akanda has ended cannabis pursuits and terminated its right to acquire or use the BC Property, shifting focus to First Towers. It says substantial doubt exists about its ability to continue as a going concern. Cash and cash equivalents were approximately $755,238 as of June 30, 2026; with expected future revenues and excluding offering proceeds, Akanda believes this amount can support current operations at the current burn rate for up to approximately 5 months. Nasdaq extended the compliance deadline through December 13, 2026; the $2.5 million minimum equity requirement compares with reported shareholders’ equity of $(11,990,437) for the year ended December 31, 2025.
Akanda Corp. (AKAN) is offering up to 4,823,151 common shares at an assumed $3.11 per share, for gross proceeds of $15,000,000; pre-funded warrants may be offered in lieu of shares to buyers who would otherwise exceed a 4.99% beneficial ownership limit (or 9.99% if elected). Each warrant purchases one common share and reduces the common shares offered one-for-one. Sales may occur only after the registration statement becomes effective.
On September 24, 2026, Akanda’s board decided to stop pursuing cannabis or cannabis-related businesses and focus on First Towers and potentially other targets; after Akanda declined the next option payment, its right to acquire or use the BC Property ended. At June 30, 2026, cash and cash equivalents were $755,238. Excluding offering proceeds, Akanda estimated cash and expected future revenues could support current operations for up to approximately five months at the current burn rate. Akanda said conditions raise substantial doubt about its ability to continue as a going concern.
Akanda reported stockholders’ equity of $(11,990,437) for the year ended December 31, 2025, against Nasdaq’s $2.5 million minimum. Nasdaq extended the deadline to evidence compliance through December 13, 2026; failure could result in delisting.
Akanda Corp. (AKAN) reported sales of $404,394 for the six months ended June 30, 2026, all from First Towers’ Mexican operations, compared with nil in the 2025 period. Net loss was $6,246,310, versus $815,001 a year earlier, and operating cash outflow was $3,194,676.
At June 30, 2026, cash and cash equivalents were $755,238 and the working capital deficit was $9,682,542. Akanda believes cash and expected future revenues, excluding proceeds from future capital raises, will support current operations at the current burn rate for up to approximately five months. The company also disclosed substantial doubt about its ability to continue as a going concern.
On September 24, 2026, the Board decided to stop pursuing cannabis and future cannabis-related businesses. Akanda declined the next payment under its BC Property option agreement, terminating its right to acquire or use the property, and said it would focus on First Towers and potentially other business targets.
On September 24, 2026, Akanda Corp. said its board decided it would no longer pursue cannabis cultivation or any future cannabis-related businesses, including planned THC and CBD facilities. The company will instead focus business efforts on the growth and management of its subsidiary, First Towers & Fibers Corp., and potentially other business targets.
Akanda declined the next option payment under its Amended and Restated Option to Purchase agreement with 1107385 B.C. LTD., dated September 22, 2023. The agreement covered an option to purchase a Canadian THC and CBD farming facility on Gabriola Island, British Columbia, and related operations and licenses. Akanda’s right to acquire or use the property has ended; the company said it had not cultivated any product there.
AKANDA CORP. (AKAN) reports a leadership transition: effective September 3, 2026, Interim CEO and Executive Director Katie Field resigned from all positions with the company and its subsidiaries. The company states that her resignation was not due to any disagreement regarding operations, policies, or practices.
On September 9, 2026, Akanda entered into a month-to-month consulting agreement with an affiliate of Ms. Field for administrative, consulting, and advisory services. Also effective September 3, 2026, the board appointed existing director Christopher Cooper, president of subsidiary First Towers and Fiber Corp., as the new Chief Executive Officer. Cooper brings over 20 years of experience in corporate development, finance, and operations, has served on numerous public-company boards, and continues to receive compensation as president of First Towers, which totaled $196,000 in the fiscal year ended December 31, 2025 and accrues at CAD$5,000 per month.
Akanda Corp. (AKAN) reports that its 100% owned subsidiary First Towers & Fiber Corp. in Mexico has begun generating cash flow from a new 200‑kilometer fiber network, following collection of its first cash lease payment in August 2026. A second monthly invoice has been submitted, with cash collection expected in September/October 2026, and revenue realization on the network is described as fully on track. Technical delivery of the fiber network is progressing ahead of expectations, with only a few remaining kilometers pending client sign-off and full operational acceptance targeted by December 2026. The subsidiary is also in discussions with its client regarding the allocation of additional fiber kilometers, and its existing portfolio of 28 cellular tower sites remains fully active and generating recurring lease income.
Akanda Corp. reported that it is not in compliance with Nasdaq Listing Rule 5550(b)(1), which requires companies on The Nasdaq Capital Market to maintain at least $2.5 million in stockholders’ equity for continued listing. After submitting a plan to address the deficiency, Akanda received an extension through December 13, 2026 from Nasdaq to regain compliance. The company plans to undertake measures to meet the equity requirement and may seek a further extension at Nasdaq’s discretion, but it notes there is no assurance it will regain or maintain compliance. Failure to do so could result in its securities being delisted from Nasdaq.
Akanda Corp. reports that Nasdaq has notified the company it is not meeting a key listing standard tied to stockholders’ equity. Nasdaq Listing Rule 5550(b)(1) requires at least $2.5 million in stockholders’ equity for continued listing on the Nasdaq Capital Market.
Akanda’s Form 20-F for the year ended December 31, 2025 showed stockholders’ equity of $-11,990,437, and Nasdaq also found the company does not meet alternative standards based on market value of listed securities or net income from continuing operations. The notice does not immediately affect trading, but Akanda has 45 days, until July 31, 2026, to submit a plan to regain compliance. If Nasdaq accepts that plan, the exchange may grant up to 180 days from the notice date to regain compliance, and Akanda states it intends to submit such a plan and is evaluating ways to meet the listing requirements.