Tilray exchanges $9.4M convertible notes for 19M shares in private deals

Tilray Brands, Inc.

Issued 19,034,603 common shares in exchange for $9.4M aggregate principal of 5.20% Convertible Senior Notes due June 2027.
Transactions occurred between April 9-21, 2025; exempt under Section 3(a)(9) of the Securities Act.
Debt-for-equity swap reduces outstanding notes by $9.4M but adds approximately 19M shares outstanding.
No commissions or remuneration were paid for soliciting the exchanges.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.