other_material
confidence high
sentiment neutral
materiality 0.65
Tilray shareholders approve reverse stock split up to 1-for-20
Tilray Brands, Inc.
- Shareholders approved amendment to allow reverse stock split at ratio between 1:10 and 1:20; 251M for, 182M against.
- Board retains discretion to set exact ratio within range or to abandon the split entirely.
- Adjournment proposal also approved (269M for, 158M against) to allow further solicitation if needed.
- Approximately 1.01 billion shares outstanding as of record date April 15, 2025.
item 5.07