---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-26-014638"
form_type: "8-K"
ticker: "TLRY"
cik: "0001731348"
company_name: "Tilray Brands, Inc."
filed_at: "2026-04-15T23:59:59+00:00"
generated_at: "2026-05-15T06:08:24.913472+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# Tilray issues 1.88M shares to exchange $12M in convertible notes due 2027

## Summary
- Issued 1,879,696 common shares in private debt-for-equity exchange for $12M principal of 5.20% Convertible Senior Notes due June 15, 2027.
- Notes carried 5.20% coupon; transactions occurred between April 1 and April 8, 2026.
- Shares issued under Section 3(a)(9) exemption; no commission or remuneration paid for soliciting exchanges.
- Exchange reduces outstanding convertible debt by $12M while increasing common share count by ~1.9M.

## SEC filing metadata
- accession: 0001140361-26-014638
- form_type: 8-K
- ticker: TLRY
- cik: 0001731348
- company_name: Tilray Brands, Inc.
- filed_at: 2026-04-15T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 3.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1731348/000114036126014638/0001140361-26-014638-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1731348/000114036126014638/ny20066669x3_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-26-014638
- JSON: https://secwatch.observer/filing/0001140361-26-014638.json
- Plain text: https://secwatch.observer/filing/0001140361-26-014638.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.