Tilray Brands, Inc., a company listed on the Nasdaq Global Select Market under the trading symbol TLRY, filed an amendment to its Form 8-K with the United States Securities and Exchange Commission on May 14, 2024. The amendment, referred to as Amendment No. 1 on Form 8-K/A, was made to update the status of the company's 5.25% Convertible Senior Notes due June 1, 2024. The original report disclosed that Tilray Brands had entered into a private debt-for-equity exchange transaction with an unrelated party on May 13, 2024. The amendment clarifies that $330,000 in principal amount of the 2024 Convertible Notes remains outstanding. As part of the exchange transaction, Tilray Brands expects to issue approximately 13.1 million shares of common stock in exchange for $19.8 million aggregate principal amount of the 2024 Convertible Notes. The shares issued in this transaction were not registered under the Securities Act of 1933, as they were exchanged with an existing security holder without payment of any commission.

Tilray Brands, Inc., a company listed on the Nasdaq Global Select Market under the trading symbol TLRY, filed an amendment to its Form 8-K with the United States Securities and Exchange Commission on May 14, 2024. The amendment, referred to as Amendment No. 1 on Form 8-K/A, was made to update the status of the company's 5.25% Convertible Senior Notes due June 1, 2024. The original report disclosed that Tilray Brands had entered into a private debt-for-equity exchange transaction with an unrelated party on May 13, 2024. The amendment clarifies that $330,000 in principal amount of the 2024 Convertible Notes remains outstanding. As part of the exchange transaction, Tilray Brands expects to issue approximately 13.1 million shares of common stock in exchange for $19.8 million aggregate principal amount of the 2024 Convertible Notes. The shares issued in this transaction were not registered under the Securities Act of 1933, as they were exchanged with an existing security holder without payment of any commission.