HITI High Tide Inc

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

OF THE SECURITIES EXCHANGE ACT OF 1934

For the month of May 2024

Commission File Number: 001-40258

HIGH TIDE INC.

(Registrant)

11127 - 15 Street N.E., Unit 112

Calgary, Alberta

Canada T3K 2M4

(Address of Principal Executive Offices)

Indicate by check mark whether the Registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F  ☐            Form 40-F  ☒

 

 

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

				HIGH TIDE INC.
				(Registrant)
Date: May 10, 2024				By		/s/ Raj Grover
						Raj Grover
						President and Chief Executive Officer

EXHIBIT INDEX

Exhibit		Description of Exhibit
99.1		Material Change Report

  Exhibit 99.1

FORM 51-102F3 MATERIAL CHANGE REPORT

 

Item 1: Name and Address of Company

 

High Tide Inc. (the “Company” or “High Tide”)
Unit 112, 11127 - 15 Street N.E.
Calgary, Alberta T3K 2M4

 

Item 2: Date of Material Change

 

May 1, 2024

 

Item 3: News Release

 

News releases were issued and disseminated via CNW Group Ltd. d/b/a Canada Newswire on April 12, 2024 and May 1, 2024, copies of which were filed under the Company’s profile on SEDAR+ at www.sedarplus.ca.

 

Item 4: Summary of Material Change

 

On April 12, 2024, the Company announced that the Company and Sergio Patino agreed to part ways effective May 1, 2024. Following Mr. Patino’s resignation, the Company has appointed Mayank Mahajan as Chief Financial Officer, effective May 1, 2024.

 

Item 5.1: Full Description of Material Change

 

On April 12, 2024, the Company announced that the Company and Sergio Patino agreed to part ways effective May 1, 2024. Following Mr. Patino’s resignation, the Company has appointed Mayank Mahajan as Chief Financial Officer, effective May 1, 2024.

 

Mr. Mahajan brings an exceptional range of expertise from a career in financial services, technology, manufacturing, trading and leasing that spans more than 15 years. Among his more notable accomplishments, he has overseen M&A and business integration, debt and equity raises, contract negotiations, and led corporate governance initiatives. Mr. Mahajan has built global accounting teams while re-engineering processes to improve accountability and implementing best practices in ERP, SOX and internal controls.

 

Before joining High Tide, Mr. Mahajan worked with Everyday People Financial Corp, Metamaterial Inc., Jubilant Bhartiya Group (Canada, India and USA), Genpact, and S.P. Nagrath & Co. He is a registered Chartered Professional Accountant in Canada, Certified Public Accountant in the United States and a Chartered Accountant in India. Mr. Mahajan also holds a Master of Business Administration (MBA) from Gonzaga University in Washington, USA, and a Bachelor of Commerce from Chaudhury Charan Singh University in India.

 

Item 5.2: Disclosure for Restructuring Transactions

 

Not applicable.

 

Item 6: Reliance on subsection 7.1(2) of National Instrument 51-102 (Confidentiality)

 

Not applicable.

 

Item 7: Omitted Information

 

No information has been omitted on the basis that it is confidential information.

 

Item 8: Executive Officer

 

For additional information with respect to this material change, the following person may be contacted:

Raj Grover

President, Chief Executive Officer, and Director

T: 403-770-9435

Email: raj@hightideinc.com

Item 9: Date of Report

 

May 10, 2024

 

 

 

 

 

 

 

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