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AYR Wellness Initiates Article 9 Proceedings in Debt Restructuring

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AYR Wellness Initiates Article 9 Proceedings in Debt Restructuring

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The latest update is out from Ayr Wellness ( ($TSE:AYR.A) ).

AYR Wellness has announced the commencement of Article 9 proceedings as part of its debt restructuring process with senior noteholders. This phase involves a foreclosure sale of certain assets and equity interests in specified subsidiaries across several states, scheduled for November 10, 2025. The company will continue operations and maintain product quality during the transition of asset ownership to the successful bidder. This restructuring step is crucial for AYR’s ongoing efforts to stabilize its financial standing and maintain cooperative relations with stakeholders.

The most recent analyst rating on ($TSE:AYR.A) stock is a Hold with a C$0.50 price target. To see the full list of analyst forecasts on Ayr Wellness stock, see the TSE:AYR.A Stock Forecast page.

Spark’s Take on TSE:AYR.A Stock

According to Spark, TipRanks’ AI Analyst, TSE:AYR.A is a Underperform.

Ayr Wellness faces significant financial and operational challenges. Declining profitability, high leverage, negative cash flow, and adverse corporate events weigh heavily on the stock. Technical indicators also suggest bearish momentum. Investors should be cautious given the financial instability and strategic uncertainties.

To see Spark’s full report on TSE:AYR.A stock, click here.

More about Ayr Wellness

AYR Wellness is a vertically integrated U.S. multi-state cannabis operator with over 90 licensed retail locations across Florida, Pennsylvania, New Jersey, Ohio, Nevada, and Virginia. The company cultivates, manufactures, and retails a broad portfolio of high-quality cannabis products, supporting both medical patients and adult-use consumers. AYR also offers a growing suite of consumer packaged goods brands, including Kynd, Haze, and Later Days.

YTD Price Performance: -79.05%

Technical Sentiment Signal: Sell

Current Market Cap: C$18.1M

Find detailed analytics on AYR.A stock on TipRanks’ Stock Analysis page.

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