Summary by Futu AI
Tilray Brands, Inc., a global cannabis-lifestyle and consumer packaged goods company, has announced an equity distribution agreement with TD Securities (USA) LLC and Jefferies LLC, acting as sales agents. Under the agreement, Tilray Brands may offer and sell shares of its common stock with an aggregate offering price of up to $250,000,000. The sales are to be made through 'at the market offerings' as defined under Rule 415(a)(4) of the Securities Act of 1933. The shares of common stock are listed on both the Nasdaq Global Select Market and the Toronto Stock Exchange under the symbol 'TLRY.' As of May 16, 2024, the last sale price of Tilray's common stock was $2.12 per share on Nasdaq and C$2.90 per share on the TSX...Show More