# EDGAR Filing Document

**Accession Number:** 0001549738
**File Stem:** 0001104659-25-084037
**Filing Date:** 2025-8
**Character Count:** 18673
**Document Hash:** b2849d7a8feb9b498a9475839d656dce
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001104659-25-084037.hdr.sgml**: 20250827

**ACCESSION NUMBER**: 0001104659-25-084037

**CONFORMED SUBMISSION TYPE**: SCHEDULE 13D/A

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20250827

**DATE AS OF CHANGE**: 20250827

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** TerrAscend Corp.
- **CENTRAL INDEX KEY:** 0001778129
- **STANDARD INDUSTRIAL CLASSIFICATION:** AGRICULTURE PRODUCTION - CROPS [0100]
- **ORGANIZATION NAME:** 08 Industrial Applications and Services
- **EIN:** 000000000
- **STATE OF INCORPORATION:** A6
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13D/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 005-92118
- **FILM NUMBER:** 251265737

**BUSINESS ADDRESS:**
- **STREET 1:** 3610 MAVIS ROAD
- **CITY:** MISSISSAUGA
- **STATE:** A6
- **ZIP:** L5B 4A7
- **BUSINESS PHONE:** 855 837-7295

**MAIL ADDRESS:**
- **STREET 1:** 3610 MAVIS ROAD
- **CITY:** MISSISSAUGA
- **STATE:** A6
- **ZIP:** L5B 4A7
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** JW Asset Management, LLC
- **CENTRAL INDEX KEY:** 0001549738

**ORGANIZATION NAME:**
- **EIN:** 412123331
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13D/A

**BUSINESS ADDRESS:**
- **STREET 1:** 1051 N VENETIAN DRIVE
- **CITY:** MIAMI BEACH
- **STATE:** FL
- **ZIP:** 33139
- **BUSINESS PHONE:** 212-446-5362

**MAIL ADDRESS:**
- **STREET 1:** 1051 N VENETIAN DRIVE
- **CITY:** MIAMI BEACH
- **STATE:** FL
- **ZIP:** 33139

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## SCHEDULE 13D

### Under the Securities Exchange Act of 1934

**(Amendment No. 5)**

**TerrAscend Corp.**

*(Name of Issuer)*

**Common Shares, no par value**

*(Title of Class of Securities)*

**88105E108**

*(CUSIP Number)*

**JW Asset Management, LLC**<br>1051 N. Venetian Drive<br>Miami Beach FL 33139<br>212-446-5362

*(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)*

**08/27/2025**

*(Date of Event Which Requires Filing of this Statement)*

| **CUSIP No.** | **88105E108** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**JW PARTNERS, LP** | Name of reporting person<br>**JW PARTNERS, LP** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**WC** | Source of funds (See Instructions)<br>**WC** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**DELAWARE** | Citizenship or place of organization<br>**DELAWARE** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**57621892.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**57621892.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**57621892.00** | Aggregate amount beneficially owned by each reporting person<br>**57621892.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**18.40%** | Percent of class represented by amount in Row (11)<br>**18.40%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**PN** | Type of Reporting Person (See Instructions)<br>**PN** | |

---

| **CUSIP No.** | **88105E108** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**JW OPPORTUNITIES FUND, LLC** | Name of reporting person<br>**JW OPPORTUNITIES FUND, LLC** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**WC** | Source of funds (See Instructions)<br>**WC** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**DELAWARE** | Citizenship or place of organization<br>**DELAWARE** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**22532576.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**22532576.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**22532576.00** | Aggregate amount beneficially owned by each reporting person<br>**22532576.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**7.29%** | Percent of class represented by amount in Row (11)<br>**7.29%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**PN** | Type of Reporting Person (See Instructions)<br>**PN** | |

---

| **CUSIP No.** | **88105E108** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**JW ASSET MANAGEMENT, LLC** | Name of reporting person<br>**JW ASSET MANAGEMENT, LLC** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**OO** | Source of funds (See Instructions)<br>**OO** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**DELAWARE** | Citizenship or place of organization<br>**DELAWARE** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**82814306.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**82814306.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**82814306.00** | Aggregate amount beneficially owned by each reporting person<br>**82814306.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**26.19%** | Percent of class represented by amount in Row (11)<br>**26.19%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**IA** | Type of Reporting Person (See Instructions)<br>**IA** | |

---

| **CUSIP No.** | **88105E108** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**JW GP, LLC** | Name of reporting person<br>**JW GP, LLC** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**OO** | Source of funds (See Instructions)<br>**OO** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**DELAWARE** | Citizenship or place of organization<br>**DELAWARE** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**82654322.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**82654322.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**82654322.00** | Aggregate amount beneficially owned by each reporting person<br>**82654322.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**26.14%** | Percent of class represented by amount in Row (11)<br>**26.14%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**PN** | Type of Reporting Person (See Instructions)<br>**PN** | |

---

| **CUSIP No.** | **88105E108** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**JASON G. WILD** | Name of reporting person<br>**JASON G. WILD** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**PF** | Source of funds (See Instructions)<br>**PF** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**X1** | Citizenship or place of organization<br>**X1** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**10961516.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**82814306.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**10961516.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**82814306.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**93775822.00** | Aggregate amount beneficially owned by each reporting person<br>**93775822.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**29.54%** | Percent of class represented by amount in Row (11)<br>**29.54%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**IN** | Type of Reporting Person (See Instructions)<br>**IN** | |

---

**Item 1. Security and Issuer**

**(a) Title of Class of Securities:**
Common Shares, no par value

**(b) Name of Issuer:**
TerrAscend Corp.

**(c) Address of Issuer's Principal Executive Offices:**
77 City Centre Drive, Suite 501, Mississauga, A6, L5B 1M5

**Item 4. Purpose of Transaction**

On August 27, 2025, two investment vehicles advised by the Reporting Persons distributed 14,715,981 Common Shares to their respective investors in connection with planned redemptions of their interests in JW Select Investments, LP and JW Opportunities Fund, LLC. As a result, the Reporting Person's overall holdings in TerrAscend common shares were reduced. These distributions were made in connection with the full liquidation of JW Select Investments, LP and the closure of a specific share class within JW Opportunities Fund, LLC, which applied to all investors in those funds.  As part of this Distribution, Jason Wild received 6,300,567 shares and continues to hold them in full.

**Item 5. Interest in Securities of the Issuer**

**(a)**
For purposes of calculating the percentages set forth in this Item 5, the number of Common Shares outstanding is assumed to be the aggregate of 306,233,661, according to the Form 10-Q filed by the Issuer on August 7, 2025.

JWP may be deemed, for purposes of Rule 13d-3 under the Securities Exchange Act of 1934, as amended, to be the beneficial owner of an aggregate of 57,621,892 Common Shares as of August 27, 2025, which represent 18.40% of the Issuer's outstanding Common Shares.

JWO LLC may be deemed, for purposes of Rule 13d-3 under the Securities Exchange Act of 1934, as amended, to be the beneficial owner of an aggregate of 22,532,576 Common Shares as of August 27, 2025, which represent 7.29% of the Issuer's outstanding Common Shares.

The Advisor may be deemed, for purposes of Rule 13d-3 under the Securities Exchange Act of 1934, as amended, to be the beneficial owner of an aggregate of 82,814,306 Common Shares as of August 27, 2025, which represent 26.19% of the Issuer's outstanding Common Shares.

The General Partner may be deemed, for purposes of Rule 13d-3 under the Securities Exchange Act of 1934, as amended, to be the beneficial owner of an aggregate of 82,654,322 Common Shares as of August 27, 2025, which represent 26.14% of the Issuer's outstanding Common Shares.

Wild may be deemed, for purposes of Rule 13d-3 under the Securities Exchange Act of 1934, as amended, to be the beneficial owner of an aggregate of 93,775,822 Common Shares as of August 27, 2025, which represent 29.54% of the Issuer's outstanding Common Shares.

Each Reporting Person, as a member of a "group" with the other Reporting Persons for the purposes of Section 13(d)(3) of the Securities Exchange Act of 1934, as amended, may be deemed the beneficial owner of the Common Shares directly owned by the other Reporting Persons. Each Reporting Person disclaims beneficial ownership of such shares except to the extent of his or its pecuniary interest therein. See Exhibit 2 of Schedule 13D.

**(b)**
JWP
        (i)  Sole power to vote or direct vote: 0
        (ii) Shared power to vote or direct vote: 57,621,892
        (iii) Sole power to dispose of or direct the disposition: 0
        (iv) Shared power to dispose of or direct the disposition: 57,621,892
JWO LLC
        (i)  Sole power to vote or direct vote: 0
        (ii) Shared power to vote or direct vote: 22,532,576
        (iii) Sole power to dispose of or direct the disposition: 0
        (iv) Shared power to dispose of or direct the disposition: 22,532,576
Advisor
        (i)  Sole power to vote or direct vote: 0
        (ii) Shared power to vote or direct vote: 82,814,306
        (iii) Sole power to dispose of or direct the disposition: 0
        (iv) Shared power to dispose of or direct the disposition: 82,814,306
General Partner
        (i)  Sole power to vote or direct vote: 0
        (ii) Shared power to vote or direct vote: 82,654,322
        (iii) Sole power to dispose of or direct the disposition: 0
        (iv) Shared power to dispose of or direct the disposition: 82,654,322
Wild
        (i)  Sole power to vote or direct vote: 10,961,516
        (ii) Shared power to vote or direct vote: 82,814,306
        (iii) Sole power to dispose of or direct the disposition: 10,961,516
        (iv) Shared power to dispose of or direct the disposition: 82,814,306

**(c)**
On June 24, 2025, Jason Wild received a grant from the Issuer of 1,364,423 restricted stock units (RSUs).  On June 23, 2025, warrants to purchase 400,001 Common Shares held by investment vehicles advised or managed by the Reporting Persons expired with strike prices well above the market price of the Common Shares.

**Item 6. Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer.**

To the knowledge of the Reporting Persons, except for the matters described in the Schedule 13D (as amended), this Schedule 13D/A, or as set forth below, there is no contract, arrangement, understanding or relationship (legal or otherwise) among the Reporting Persons or between the Reporting Persons and any other person with respect to any securities of the Issuer.

### SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** JW PARTNERS, LP

**Signature:** /s/ Jason Klarreich

**Name/Title:** Jason Klarreich, Attorney-In-Fact

**Date:** 08/27/2025

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** JW OPPORTUNITIES FUND, LLC

**Signature:** /s/ Jason Klarreich

**Name/Title:** Jason Klarreich, Attorney-In-Fact

**Date:** 08/27/2025

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** JW ASSET MANAGEMENT, LLC

**Signature:** /s/ Jason G. Wild

**Name/Title:** Jason G. Wild, Managing Member

**Date:** 08/27/2025

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** JW GP, LLC

**Signature:** /s/ Jason Klarreich

**Name/Title:** Jason Klarreich, Attorney-In-Fact

**Date:** 08/27/2025

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** JASON G. WILD

**Signature:** /s/ Jason Klarreich

**Name/Title:** Jason Klarreich, Attorney-In-Fact

**Date:** 08/27/2025