secwatch.observer — SEC 8-K summary
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Issuer:     Tilray Brands, Inc. (TLRY)
CIK:        0001731348
Form:       8-K
Filed at:   2026-04-15T23:59:59+00:00
Accession:  0001140361-26-014638
Event type: other_material
Sentiment:  neutral
Materiality: 0.35
Item codes: 3.02
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1731348/000114036126014638/0001140361-26-014638-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1731348/000114036126014638/ny20066669x3_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-26-014638

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