Micah Payne Anderson Reports 12.2% Stake in Leef Brands Inc. Following Multiple Acquisitions and Debt Conversions

Micah Payne Anderson, the Chairman, CEO, and President of Leef Brands Inc. (LEEEF), filed a Schedule 13D on April 1, 2026, reporting a beneficial ownership of 32,407,566 common shares. This position represents approximately 12.2% of the company's outstanding shares. The filing details various acquisition methods for these securities, including shares issued as consideration for the acquisitions of Leef Holdings, Inc., Anderson Development SB, LLC, and Aya Biosciences Inc. Additionally, shares were acquired through debt conversions, the settlement of restricted stock units (RSUs), and open market purchases. Mr. Anderson's total beneficial ownership includes 28,102,323 shares currently held and the right to acquire an additional 4,305,243 shares within 60 days through the exercise of warrants and the settlement of vested RSUs. The shares are held through various entities, including the Anderson Trust and MPA Legacy Holdings, Inc. The purpose of the acquisition is for investment and in connection with his executive role, with no current plans for extraordinary corporate transactions.